Welcome to The Financial Co-op. Bank Ltd.          

Warning: Trying to access array offset on value of type bool in /home/fincoba/public_html/wp-content/themes/asri/elements/templates/language_switcher/layout-1.php on line 17

Call Us: 0261 2360433/34

(Mon – Sat, ex 2nd & 4th Sat)

E-mail Us:


3044-47, Abhishek Market,

Ring Road, Surat-395002

Used Vehicle Loan

Limit per Borrower: Maximum Limit Rs.60.00 Lacs
Margin :     Is Applicable from time to time
No. of EMIs:      Maximum 180 Months
(B.O.D. reserves right to change according to repayment capacity of applicant).
Rate of Interest:8.00% to 10.50%
Guarantors:Two guaranter (who holds property in surat district)


(a)  Value & Condition of Car       :

 1)   Bank Can finance Upto 75% of the cost of Old Vehicle(Term Apply)

Age of Vehicle                  Maximum Loan

Upto 2Years                      75%

2<3Years                            50%

Note : Loan amount will be considered on Buying Price/IDV of Existing Insurance/ Value of bank’s approved valuer valuation report, whichever is less.

2) Notarised sale agreement between seller & purchaser.

3) Original Bill / Receipt / Insurance / R.T.O.

4) Bank can finance against car used for maximum 3 years.

Processing Fees :- 

a) Processing Fees 0.50 % Sanction Amount + GST on PF

b) Due Diligence Fees 0.50% on Sanction Amount  + GST on PF

2. Repayment Capacity (Total Annual Income –Total Approx Annual Exp. –

      Total Annual Loan Liabilities (EMI*12) = Total Approx Annual Savings.

      (Approx finance up to 50 to 60 % on Total Approx Annual Savings)

3. Purchase of Residential Property, 80% loan amount of sale deed, satakhat, Construction cost will consider. Additional/ supplementary Finance Rs. 5 lacs  to the owner of house/ flat only for repairs ,additions, alterations etc…. irrespective of whether the house/flat is owner occupied or tenement occupied offer obtaining such security as the banks may deem appropriate. BOD /loan committee have reserve right to consider loan amount.  

4.Maximum Loan Amount & Margin: Individual housing loans up to a maximum of Rs.60 lacs per beneficiary of Dwelling unit. Subject to prudential exposure limits of RBI from time to time.

Period of Loans:

  • Housing loan may be repayable within a maximum period of 20 yrs. Including Moratorium  of repayment holiday.
  •  Processing Fees : –  Processing Fees 0.50 % on Sanction Amount  + GST on PF
  •  Moretorium: Home Loan for construction maximum 18 month and as per guideline of RBI from time to time.
  • Till completion of consturction, or 18 months from the date of disbursement of first installment of the loan which ever is earlier.
Flat Roof Company has, since our very first day in operation, been one of the best options in the region for commercial, residential, and industrial flat roof repair and installation.We’ll ensure that you focus on the opportunities that maximize competitive advantage and strengthen the connection between operations and strategy. From the back office we can help you to transform your operations. Chicago’s premier roofing contractor delivering the care.