Welcome to Kokan Mercantile Co. Op. Bank Ltd.
service charges

Renovating existing house
Housing mortgage loan upto rs. 5.00 lacs for renovating existing house at metros and rs. 2.00 lacs at rural area.

Eligibility
1. For salaried persons :
Employees of reputed and financially sound organisation.
minimum take home salary of INR. 15000/- pm and confirmed service for atleast one year.
2. For businessmen & professionals :
Business should have establishment of minimum of three years.
3. Surety Of :
Spouse/Parents Of the applicant can be taken if required.

Income Proof:
For salaried :
Salary slips of past 3 months, form 16, 26 as and income tax returns of past 3 years.
for businessmen :
Income tax returns, profit and loss account and balance sheet of past 3 years.


Repayment
Maximum 84 months or till the retirement age if salaried. however tenure of 120 months can be considered in deserving cases.

* No pre-payment penalty.
* Rate of interest is applicable from time to time.
* Service charges are applicable from time to time.
* Margin is applicable from time to time.

For more details contact nearest branch or customer care E-mail ID :customercare@kokanbank.in

Harbour Crest, Mazgaon T.T., Mumbai - 400 010.

+91-22 2372 3753, 2372 9969, 2637 9971, 2373 4202, 2373 4311

Top