IMPORTANT: The 67th Annual General Meeting of members of "The Nasik Merchants Co-Operative Bank Ltd., Nashik" will be held on Saturday, 20th September, 2025 at 11.00 a.m.under the Chairmanship of Shri. Hemant Haribhau Dhatrak, at Bank's Administrative Office Satpur, Nashik-422007 to discuss and consider following subjects-

Loan Schemes

# Name of the product Rate of intrest %
1 Sulabh Gruha Scheme Home Loan (Salary Person) 9 To 9.50*
2 Vehicle (Two wheeler Loan) (VLPER) 10.50
3 Vehicle (Personal Car Loan) (VLPER) 9 TO 9.50*
4 Vehicle (Commercial) Only new Commercial Vehicle (VLCOM) 10+
5 Gold Loan ( Up to 4 Lakh) (GLBUL) 8.90*
6 Gold Loans to Farmer ( Up to 4 Lakh Subject to Provided 7/12)(GLBUL) 8.50*
7 Gold Loan ( above 4 Lakh) (TLGLD)(Term Gold Loan) 8.90*
8 Namco Green Energy loan (Solar Loan) (TLNGE) Upto 10 Lackh For Personal Use 10*
9 Namco Green Energy loan (Solar Loan) (TLNGE) Above 10 Lakh for Commercial Purpose 12 (Rating 9.50 to12)*
10 Namco Professional Loan (TLNRL) 9 to 9.50*
11 Secured Personal Loan (TLSPL) 12*
12 Education Loan (TLEDU) 9 to 9.50*
13 Govt. Security/LIC Assign 9*(From 20/09/2022)
14 Hypothecation ( CCGEN) 12 (Rating 9 to 12)*
15 Hypothecation Installment (TLHYP) 12 (Rating 9.50 to12)*
16 Working Capital (CCGEN) 12 (Rating 9.50 to12)**
17 Working Capital Installment (TLWCI) 12 (Rating 9.50 to12)*
18 Machinery Loan (TLSME) 12 (Rating 9.50 to12)*
19 Old Machinery Loan (TLSME) 12 (Rating 9.50 to12)*
20 Godown Constraction (TLSME) Activity run by Own entity 12 (Rating 9.50 to12)*
21 Hospital Construction (TLSME) Activity run by Own entity 12 (Rating 9.50 to12)*
22 Industrial Shed Loan (TLSME) Activity run by Own entity 12 (Rating 9.50 to12)*
23 Cash Credit (CCUNS) Cash credit Unsecured 13*
24 Cash Credit Installement (TLPSL) 13.5*
25 Personal Loan (Only Salary Person ) (TLPSL) 12*
26 Advance Against on Lease Agreement (TLLAP) 12*
27 Shop Purchases and Constraction (TLSME) 12*
28 Furniture 12*
29 Project Finance (TLBCL) 12*
30 Educational Institution Building Constriction (TLBCL) 12 *
31 T.L.S.M.E. Assets Back loan (TLSME) 12 *
32 SME TL (TLSME) 12 *
33 MSME ( Pos ) (TLSME) 12 *
34 Wear House 12 *
35 Godown Constraction (TLSME) Godwn Made for Renting 12 *
36 Hospital Construction (TLBCL) Hospital Made for Renting 12 *
37 Property Loan (TLLAP) 13.5*
38 Pledge Loan 13.5*
39 FDR Advance (ADBUL) As per FDR Rate excess 1.00 and if third party person 2
40 Bills Payble 13.5*
41 Bank Guarantee After Revoke 14.50*
42 Bedana (Raisins and Dry foods Pledge) 11*
* Terms and conditions will be applicable as per banks rule
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