Welcome To Iringannur SC Bank

Non Agricultural ST Loans are disbursed up to RS---- for the A class members. The Person should sign an agreement for salary recovery and to pay to the Bank in the format prescribed by the Bank. Two sureties who are members are also required of which one person should be salaried from Government / Quasi Government organization whose Salary and Recovery certificate in the prescribed form should be submitted to the Bank.
Non Agricultural Short Term Loan For Various Purposes up to Rs.20000/-on Personnel sureties in 36 month duration.

If you start up any project, be it business, small or cottage industry or agricultural project we are there to finance (after proper assessment of the project) up to Rs.25000.00 as surety loan or up to Rs.500000.00 as mortgage loan to be repaid only in 36 months. The requirements are
a. Surety Loan up to and inclusive of Rs.25000.00
• i. The filled in application,
• ii. The project report
• iii. License wherever applicable.
• iv. 2 sureties who are members. However one person should be salaried from Government / Quasi Government organization whose Salary and Recovery certificate in the prescribed form should be produced
b. Mortgage Loan up to Rs.500000.00 The requirements are
• i. The filled in application,
• ii. Original Documents of property that will be mortgaged
• iii. Original latest Tax paid receipt
• iv. Possession certificate from village
• v. Photostat of page 1 and 2 of Ration card / Electoral Card with originals for verification
• vi. Passport Size photo

Walk into any branch with the quotation and get up to 80% of the finance needs for the purchase instantly without any hassles. All you need is to submit the filled up application and submit it with quotation. Additional requirements as below will be required
a. For Bhavanasree loans blow or equal to Rs.10,000.00 - 2 sureties who are members
b. For Bhavanasree loans below or equal to 25000.00 - 2 sureties who are members. However one person should be salaried from Government / Quasi Government organization whose Salary and Recovery certificate in the prescribed form should be produced
c. For Bhavanasree loans above 25000.00 - will be treated as mortgage loan for which only the following documents are required

There are a variety of types of Gold Loans. They are
a. Ordinary Gold Loan :
Ordinary gold loans are disbursed to A class or C class members to be closed within 6 months. The requirement is i. Gold To be acceptable as per the evaluation of the Bank Maximum 70% of the value as assessed by the Bank will be disbursed.
b. Agricultural Gold Loan
This is primarily intended to assist the agriculturists who are A Class or C class members and who are in need of short term finance for their agricultural activities. Since it is agricultural activity based loan the maximum period is 12 months. The requirements are • i. Gold To be acceptable as per the evaluation of the Bank, Maximum 70% of the value as assessed by the Bank will be disbursed • ii. Latest land Tax paid receipt

Do you have fixed deposits or day deposits and are you in need or urgent requirements for cash less than the deposited amount? We are there to help you. We give instant loans as detailed below.
a. Fixed Deposit Loans :
We give up to 90% of the deposit amount to the depositor / Depositors. All you have to do is surrender the discharged deposit receipt and sign a few forms. We take only 2% (or as decided by the Bank at that point of time) above the rate of interest for the deposit for the loan amount. The loan can be closed at any point of time and if not closed, will be adjusted from the deposit amount on maturity of the deposit.
b. Day deposits Loans :
Do you have a day deposit and are you in need of urgent financial requirements? You don't have to close the daily deposit. We give up to 75% of deposited amount as loan to the depositors. As in the case of Day Deposits we take only 2% (or as decided by the Bank at that point of time) above the rate of interest for the deposit for the loan amount. The loan can be closed at any point of time and if not closed, will be adjusted from the deposit amount on maturity of the day deposit.

This is a special category of loan at the discretion of the Banks Board of Directors provided the Management of the Factory gives written consent to deduct the repayment from the salary of the worker/s and remit the same to the Bank in time. The amount of loan to each individual can go up to Rs.50,000.00 (which of course is at the discretion of the Board of the Bank).

We know the value of Kudumbasree units and we treat them specially and offer loans to them to meet contingencies or on regular basis as a special case. The Limit of finance to be granted will be as per the assessment of the Bank. All you need is to produce the original and photo copy of the following along with the filled up application.
a. Registration Certificate
b. Grading certificate
c. Proof to show that the signatories have powers to apply for the loan
d. Other necessary documents specified at the time of assessment of the needs.

Non Agricultural NAPL Loan For Various Purposes up to Rs.20000/- on Personnel sureties or Salary Certificate, issued in 12 month duration.

Do you have GDS and are you in need or urgent requirements for cash less than the deposited amount? We are there to help you. We give instant loans against your GDS.

The needs of the petty trade are given special consideration and we give surety loans. The filled up application should be submitted and another member who is a businessman should stand as surety. For the Vyapara Mithra Loan opening of the daily deposit scheme is compulsory as it is the mode of repayment to the loan.

Non Agricultural Medium Term loan is given for non- agricultural purposes. These loans can amount upto Rs. 10 Lakhs and can be availed for marriage and other consumer purposes and also as repayment of other debts. The time period is for 3 years.

Crop loans are generally disbursed by the banks through the mode of Kisan Credit Card (KCC). The Kisan Credit Card Scheme is in operation throughout the country and is implemented by the Iringannur SC Bank to all farmers like small farmers, marginal farmers, share croppers, oral lessees and tenant farmers. The Bank assesses farmer’s eligibility on the basis of land available for cultivation and the scale of finance fixed by the District Level Technical Committee in that district and the credit history of the farmer. These short term loans are given at 7% interest rate for amount up to Rs. 50, 000.

Crop loans are generally disbursed by the banks through the mode of Kisan Credit Card (KCC). The Kisan Credit Card Scheme is in operation throughout the country and is implemented by the Iringannur SC Bank to all farmers like small farmers, marginal farmers, share croppers, oral lessees and tenant farmers. The Bank assesses farmer’s eligibility on the basis of land available for cultivation and the scale of finance fixed by the District Level Technical Committee in that district and the credit history of the farmer. These short term loans are given at 7% interest rate for amount up to Rs. 50, 000.

Fixed deposits are easy investments with high returns. If you want long-term investments and wish to earn higher interests on your savings, invest your money in Fixed Deposit. By investing in Iringannur SC Bank Fixed Deposit, your money stays secure and also accumulates good interest over the period of deposit. We offer you great rates, flexibility and security in your Fixed Deposits. Minimum tenor for reinvestment deposits is 6 Months. Senior citizens are eligible for higher rate of interest on Fixed Deposits. Loans can be availed on your Fixed Deposit at Iringannur SC Bank.

We understand your need to save your hard-earned money safely, securely and conveniently. Our Savings bank account gives you the freedom to choose a solution that meets your requirements. Whether it's opening an account for yourself, saving for your child’s future or helping your parents retain their sense of independence, we help you with our savings bank account services. Savings account is a convenient, safe way to save money. The savings account helps you to save regular amounts every month. With Iringannur SC Bank Savings Account your money is always within your easy reach, even as it earns interest. We offer competitive interest rates and flexibility to do more with your money. Access your money when you need it with our savings account which comes with everything you need to make your day to day banking easy. Types of Savings Bank schemes are:
• Savings Bank Individual
• Kudumbasree Account
• Zero Balance Account

Cash Certificate is a growth oriented scheme with high returns for investors to double their money in the shortest time at zero risk. It is an attractive investment scheme to put your hard earned money which doubles in the shortest span.
Key Features are:
• Minimum deposit amount for Cash certificate is just Rs. 1000/-.
. • There is no maximum amount for Cash certificate.
• Interest will be quarterly compounded and reinvested. Interest cannot be withdrawn before maturity of the deposit.
• Nomination facility is available
• You can get loan against Cash certificates up to 90% of deposit amount
• It has a minimum deposit period of 12 months and maximum deposit period is 10 years

Nithya Nidhi Deposit is a scheme initiated by Iringannur SC Bank to promote savings habit among common people. This is a daily deposit scheme wherein the customers can keep adding to their bank balance small or big amounts of their choice. This scheme is extremely beneficial to people who work on a daily wage basis and also among small income groups. They can keep their bank accounts alive and active by contributing even amounts below Rs. 100. The customers needn't even come to any of our bank branches to deposit the money which is the biggest advantage with Nithya Nidhi Deposit Scheme. They can hand it over to our pigmy collection agents who would go to them and collect the amount, so that their work will not be disrupted.

Recurring deposits are term deposits made for specified periods of time like a year or more. They are similar to fixed deposits by nature and their interest rates are also the same as applicable to fixed deposits. Fixed amounts (multiples of Rs. 50) of money need to be added to it on a monthly basis for periods of 12, 24, 36 months. There is no need to wait till a maturity period in case you wish to withdraw the deposit and you get the interest until the date of withdrawal as well. The most important advantage of Recurring deposits is that you get good interest rates for the amount deposited. Also, whenever you are in need of money, you can always withdraw the deposit with assured interest calculated until the date of withdrawal. This scheme helps the customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time.

Bhavanasree Deposit is a scheme initiated by Iringannur SC Bank to promote savings habit among common people. This is a daily deposit scheme wherein the customers can keep adding to their bank balance small or big amounts of their choice. This scheme is extremely beneficial to people who work on a daily wage basis and also among small income groups. They can keep their bank accounts alive and active by contributing even amounts below Rs. 100. The customers needn't even come to any of our bank branches to deposit the money which is the biggest advantage with Bhavanasree Deposit Scheme. They can hand it over to our pigmy collection agents who would go to them and collect the amount, so that their work will not be disrupted.