The Zoroastrian Co-op bank Ltd.

The Zoroastrian Co-operative Bank Ltd.

(Scheduled Bank)

The Bank that is Big on Tradition & Trust

Credit Facilities

PERSONAL / RETAIL LOANS

	Housing Loans
	Education Loan
	Vehicle Finance
	Overdrafts & Loans against Demat Shares / Government Relief Bonds / LIC Policies / NSCs to Individuals
	Personal Loans to Salaried Employees
	ZorPro - Loan Scheme for Professionals
	ZorBiz Finance
	Zor-Express

Housing Loans

	Financial assistance for lower and middle income groups upto 70% of agreement value (maximum - Rs. 70.00 Lacs)
	Reasonable repayment period upto 20 years
	Repayment on equated monthly installment basis

Education Loans - Download Pdf.

	Loans upto Rs. 10.00 lacs per student for studies in India and Rs. 20.00 lacs per student for studies in abroad
	Rate of Interest @ 12% on daily reducing balance
	Nil

Vehicle Finance

	Vehicle loans at special rates for Professional and Transport Operators at very low margins
	Minimum formalities & expeditious sanctions
	Choose your own vehicle
	Early repayment allowed without any penalty
	Used vehicles also financed not more than 3 years
	Bare minimum paper work

Overdrafts & Loans against Demat Shares / Government Relief Bonds / LIC Policies / NSCs to Individuals

	Prompt sanctions and minimum formalities
	Vast range of shares accepted
	No hidden charges
	Dematerialisation facility offered through Stock Holding Corporation of India Ltd

Personal Loans to Salaried Employees

	Loans upto Rs. 2.00 Lac
	Repayment upto 36 months
	No security other than a letter from the Borrower and the Employer
	No processing charges

ZorPro - Loan Scheme for Professionals

	For Professionals like Doctors, Lawyers, Chartered Accountants, Architects, Interior Designers, Fashion Designers, Audio & Video Lab Owners
	Loan Amounts ranging from 75% to 90% of Invoice Value, depending upon asset to be acquired

ZorBiz Finance

	Temporary overdraft facility and / or withdrawal against effects allowed to current account Holders to meet unforeseen / urgent business requirements
	Maximum allowable upto Rs. 15.00 Lacs
	Advance available against Stocks, Book Debts, Furniture Fixture and also against 50% of the value of property mortgaged

Zor-Express

	Loan upto Rs. 50,000/- on simple / easy terms. No financial papers / statements to be submitted.
	One guarantor with Fixed Deposit of Rs. 50,000/- to be kept under bank's lien till the currency of the loan. Repayment in 36 months.