The Union Co.op. Bank Ltd.
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  The Union Co-op. Bank Ltd.
  Naroda,
  B/h Old Naroda Police station,
  Naroda,Ahmedabad-382330
  Phone : (079)-22837500
  Email :
  Fax : (079)-22820943
   
 
 
 
 
FIXED ASSETS LOAN
Purpose :

House Repairing and Business Development

  (against residential and commercial property)
Margin

35% of the valuation report & 10% of property price mentioned in Sale
Deed, whichever is less.

Duration 120 Months
Interest Rate

12.50%

 

(Note – 1% Interest Rebate for Regular Installments for
the above categories)

Documentation:
 

For Applicant -

  1.  Passport Size Photos
 

2.  Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)

 

3.  Date of Birth proof

  4.  Applicant’s Income Proof :
 

(i)  If employed, salary slip of last 3 months and copy of Form-16, IT Return and
Statement of Total Income for last 3 years

  (ii)  In case of a Firm/Co.
 
      • Copy of Partnership Deed (in case of partnership firm)
      • Copy of Income Tax return and Statement Of Total Income
      • Firm’s Last 3 Year's Trading A/C, Profit & Loss A/C  and Balance Sheet
 

5.  If maintaining account with other bank then copy of bank statement and details
of loan availed, if any.

 

6.   Bank approved engineer’s plan for house construction and break-up wise
valuation report.

 

7.  Copy of recent city surveyor’s certificate / 7/12 copy and Society certificate
given showing ownership of house (as per banking format).

 

8.  If the house is within a society, copy of Society’s Registration Certificate and 
Copy of NOC obtained by the society.

  9.  Copy of permission to construct house from the concerned authority
  10.  Receipt of current year’s tax payment of house property
 

For Guarantor -

  1.  Passport Size Photos
 

2.  Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)

 

3.  Date of Birth proof, if photo ID does not have Birth Date mentioned

  4.  Income Proof :
 

(i)  If employed, salary slip of last month and copy of Form-16, IT Return and
Statement of Total Income

 

(ii)  In case of a Firm/Co.

 
        • Copy of Partnership Deed (in case of partnership firm). 
        • In case of private limited co., a copy MoA or AoA
        • Copy of Income Tax return
        • Firm’s Last Years’ Trading A/C, Profit & Loss A/C  and Balance Sheet
 

5.  Property Documents :

 

City Surveyor’s Certificate / 7/12 Copy / Certificate Given by the Society / Tax Bill

  Note : Certified / Self Attested copies should be attached with this application form
 

Please Note that this list is Indicative. The Bank may ask for further Document If Necessary.

  The Union Co-op. Bank Ltd.
  Nikol
  B-3-4, Galaxy Business Park,
  Nikol Cross Road,
  S.P.Ring Road,Ahmedabad-382350
  Phone : (079)-29704521
  The Union Co-op. Bank Ltd.
  Saijpur
  Opp. G.D. Bus Stand
  Saijpur Bogha,
  Ahmedabad
  Phone : (079)-22844304,22822360