Varachha Co-Operative Bank Ltd offers loans to its customer to help in fulfilling the financial requirements like other banks in India. Customer can use the loan amount to meet number of expenses.
Below is some reason for which one takes loan:-
In order to apply for the personal loan from the said bank one has to meet below mentioned criteria:-
Individual has to have current or saving account with the bank along with that he or she should be member of the bank.
Bank charges interest rate of 14% per year on personal loan.
From 01 July, 2017 on all banking products and services a GST rate of 18% is applicable.
Disclaimer:Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Varachha Co-Op Bank.
Personal loan by Varachha Co-Op Bank was perfect, but the turnaround time is something they can work upon.
I had applied my personal loan in Mumbai at Varachha Co-Op Bank. I was in dire need of funds and fortunately got the loan amount soon.
Taking personal loan in Gujrat by Varachha Co-Op Bank through online portal of loanbaba was after all not a bad idea. This way I could communicate with the Kotak Mahindra without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
The Varachha Co-Op Bank has disbursed the loan amount required and I am satisfied with it. The interest rate and the charges are average.
Ajeet G. Pathak