Medium Term Loan
| Monthly & Quarterly Installment & Interest | 12.50% |
| Half Yearly Installment & Interest | 13.00% |
| Yearly Installment & Interest | 14.0% |
A MEDIUM TERM LOAN is a flexible financing option typically offered for a period ranging from 1 to 5 years, designed to help individuals meet personal financial needs, whether it's for home improvements, medical expenses, or debt consolidation.
At Dr. Prabhakar Kore Co-op Credit Society Ltd., Ankali, we offer Medium Term Loans with higher loan amounts, longer tenures, and attractive interest rates, in line with the Society's rules.
These loans feature quick processing, easy approvals, and allow you to use residential or commercial properties as collateral. It’s a great solution for managing personal expenses and consolidating debt into a single, manageable loan.
Benefits
- Higher Loan amount with Lower EMI
- Funds can be used for business as well as personal needs
- Flexible repayment – Option to choose between EMI-based loans
- Distribution of loan is as per the Society rules
Documents required
- Mortgaged property papers and guarantors required
- Recommendation of the board needed
- Higher loan amount with instalment-based repayment
- Funds can be used for business as well as personal needs
- Flexible repayment options – Choose between yearly, quarterly, or monthly instalments
- Specially designed programs for the self-employed
Ready to Meet Your Financial Goals?
Apply for a Medium Term Loan today and secure funds with flexible repayment options. Visit us at your nearest branch!