[et_pb_section fb_built=”1″ admin_label=”Hero” _builder_version=”4.17.3″ use_background_color_gradient=”on” background_color_gradient_stops=”rgba(9,31,77,0.28) 0%|rgba(234,50,54,0.39) 100%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”rgba(9,31,77,0.28)” background_color_gradient_end=”rgba(234,50,54,0.39)” background_image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2023\/01\/Vachan-Clients-300-\u00d7-300-px-9.jpg” custom_padding=”|0px|120px|0px|false|false” bottom_divider_style=”asymmetric3″ bottom_divider_color=”#ffffff” hover_enabled=”0″ da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” title_text=”Vachan Clients (300 \u00d7 300 px) (9)” sticky_enabled=”0″ da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” text_text_color=”#FFFFFF” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_font_size=”40px” header_line_height=”1.4em” background_layout=”dark” max_width=”600px” custom_margin=”||30px|” custom_margin_last_edited=”off|desktop” hover_enabled=”0″ header_font_size_tablet=”30px” header_font_size_phone=”24px” header_font_size_last_edited=”on|desktop” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″ header_text_shadow_style=”preset1″]<\/p>\n
[\/et_pb_text][et_pb_button button_url=”#loan-details” button_text=”view services” _builder_version=”4.16″ custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_bg_color=”#003bde” button_border_width=”0px” button_border_radius=”4px” button_letter_spacing=”1px” button_font=”|||on|||||” background_layout=”dark” custom_margin=”|||” custom_padding=”16px|40px|16px|40px|true|true” button_border_radius_hover=”4px” button_letter_spacing_hover=”1px” button_bg_color_hover=”#0053ef” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”on” button_border_radius__hover=”4px” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”1px” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”on” button_bg_color__hover=”#0053ef” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off” theme_builder_area=”post_content”][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”||10px||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” theme_builder_area=”post_content” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/suco.bank.in\/wp-content\/uploads\/2023\/01\/Vachan-Clients-300-\u00d7-300-px-8.jpg” title_text=”Vachan Clients (300 \u00d7 300 px) (8)” _builder_version=”4.17.3″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” custom_css_main_element=”margin:auto;” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” text_line_height=”2em” header_2_font=”Poppins|600|||||||” header_2_font_size=”30px” header_2_line_height=”1.2em” max_width=”700px” module_alignment=”left” hover_enabled=”0″ header_2_font_size_tablet=”24px” header_2_font_size_phone=”18px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” header_font=”Poppins|600|||||||” header_font_size=”40px” header_line_height=”1.3em” hover_enabled=”0″ text_font_size_tablet=”16px” text_font_size_phone=”14px” text_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n
Now-a-days, customers frequently find new models, new specifications & updated versions of Electronic Goods \/ Consumer Durable Goods (Household Appliances) in the market. Sometimes customer\u2019s dreams to own smart goods will not come true due to financial constraints. In such cases SUCO Bank will help such customers to purchase the goods of their dreams instantly through empanelled \/ approved dealers with whom a tie-up arrangement has been established with SUCO Bank.<\/p>\n
In the background of this, our Management is pleased to launch a new loan product to cater the needs of the customers and this product will be operative WEF 13-10-2021.<\/strong><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Features” module_id=”loan-details” _builder_version=”4.16″ custom_padding=”0px||0px||true|false” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.16″ locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” header_font_size=”40px” header_line_height=”1.3em” header_2_font=”Poppins|600|||||||” header_2_font_size=”32px” header_2_line_height=”1.6em” module_alignment=”center” header_2_font_size_tablet=”24px” header_2_font_size_phone=”18px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.17.3″ locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_blurb title=”ELIGIBILITY ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Margin-Gold-Loan-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]a. Businessmen, Professionals, Agriculturists, Salaried persons who are having the income generation capacity are eligible.<\/p>\n b. Above customers who are aged above 21 years below 60 years.[\/et_pb_blurb][et_pb_blurb title=”QUANTUM OF FINANCE ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Insurance-of-stock-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n Minimum Loan amount : Rs. 10,000.00 Down Payment\/Margin Money : 20% of the quotation\u00a0 value ofthe goods & it is to be collected by the Bank from the borrower.<\/p>\n Sanction of Loan amount : 80% of the quotation value of the goods Will be Bank Finance.<\/p>\n [\/et_pb_blurb][et_pb_blurb title=”PROCESSING FEE ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Prequisite-Conditions-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]Processing charges will be @ 3% and which is to be collected at the time of disbursement of loan by the dealer.[\/et_pb_blurb][et_pb_blurb title=”SANCTIONING AUTHORITY ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/sanctioning-authority.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]SBMs \/ ABMs are empowered to sanction these loans. Such sanctions should be ratified by the next ensuing Cluster Manager\u2019s Committee. [\/et_pb_blurb][et_pb_blurb title=”LOAN PROCESSING, DISBURSEMENT & DELIVERY OF GOODS ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/sanctioning-authority.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n [\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.17.3″ custom_padding=”|||” custom_css_main_element=”margin:auto;” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_blurb title=”CIBIL ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Storing-of-Goods-GL.png” icon_placement=”left” content_max_width=”1100px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]a.\tNo charge will be collected for checking the CIBIL Score.<\/p>\n b.\tIf the Cibil rating is more than 600, -1 or 0 loan requests can be considered for sanction. If the customer is already a regular member of the Bank, there is no need to obtain regular shares. If the customer is new and not a member, then the regular membership is to be obtained. Regular Share charges to be collected as under. [\/et_pb_blurb][et_pb_blurb title=”SECURITY ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/sanctioning-authority.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]Hypothecation of consumer goods to be purchased. [\/et_pb_blurb][et_pb_blurb title=”Co-obligation” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/sanctioning-authority.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n [\/et_pb_blurb][et_pb_blurb title=”POST SANCTION VERIFICATION ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Period-of-loan.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]After sanction and disbursement of loan, LCO, Credit officer or ABM\/SBM must visit the customer’s residence to verify the background history of the borrower within 7 working days from the date of sanction to ensure whether the dealer has delivered the goods or not and also to obtain other details as per the requirement of the Bank. The report of the LCO\/ Credit officer having visited the borrower’s house within 7 days is to be reported to the HOD Credit and LRD department.<\/p>\n [\/et_pb_blurb][et_pb_blurb title=”REPAYMENT OF LOAN AMOUNT ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Prequisite-Conditions-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″](i) Entire loan amount along with interest has to be repaid in 12 EMIs <\/p>\n (ii) If the customer is opted for ECS mandate, he has to ensure the loan installment (iii) If the borrower is ready to repay the loan by cash instead of ECS,he has to remit the cash at the end of the month before presenting the ECS. [\/et_pb_blurb][et_pb_blurb title=”OTHER CONDITIONS” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Period-of-loan.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]Products purchased by the customers are to be insured under the Bank’s general insurance policy immediately on the same day of purchase. Insurance premium has to be debited to his loan account.[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" CONSUMER DURABLE GOODS (CDG) LOANCONSUMER DURABLE GOODS (CDG) LOANNow-a-days, customers frequently find new models, new specifications & updated versions of Electronic Goods \/ Consumer Durable Goods (Household Appliances) in the market. Sometimes customer\u2019s dreams to own smart goods will not come true due to financial constraints. In such cases SUCO Bank will help such customers […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"class_list":["post-245448","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/245448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/comments?post=245448"}],"version-history":[{"count":2,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/245448\/revisions"}],"predecessor-version":[{"id":245460,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/245448\/revisions\/245460"}],"wp:attachment":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/media?parent=245448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Salient Feature of the Loan Product<\/h2>\n
Maximum Loan amount : Rs. 1,00,000.00<\/p>\n
\n[\/et_pb_blurb][et_pb_blurb title=”Pre-Sanction ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/sanctioning-authority.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n\n
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\n[\/et_pb_blurb][et_pb_blurb title=”PURPOSE ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Storing-of-Goods-GL.png” icon_placement=”left” content_max_width=”1100px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]To purchase of Household Goods\/ Electronic devices such as:
\nLED Television,Laptops & Ultrabooks, Refrigerator, Washing Machine, Modular Kitchen, Air conditioners,High End Camera and Lenses,UPS and battery,High End Audio and Home Theater System.
\n[\/et_pb_blurb][et_pb_blurb title=”RATE OF INTEREST ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Period-of-loan.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]Rate of Interest will be decided by the Head Office and will be communicated to the branches as & when changes are taken place. Now , the Rate of Interest for this product is 18%. The Penal Interest will be @ 5% on overdue amount.[\/et_pb_blurb][et_pb_blurb title=”MEMBERSHIP ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Period-of-loan.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n
One share – 100\/-
Share admission Fee – 50\/- + GST
Share Fee – 1\/- + GST
Share application – 5\/- + GST<\/p>\n\n
\n payment either on 5th OR 15th of the month.<\/p>\n
\n[\/et_pb_blurb][et_pb_blurb title=”ECS MANDATE RETURN CHARGES ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Period-of-loan.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]If the ECS mandate bounces then return charges of Rs. 300\/- + GST per instance is to be collected from the customer.[\/et_pb_blurb][et_pb_blurb title=”RECOVERY PROCESS” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Prequisite-Conditions-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n\n