HOUSING & MORTGAGE LOAN
Turning Your Dream Home into Reality
In today’s world, owning a home is not just a
necessity, it’s a dream every family cherishes. Whether you wish to purchase, construct, or
renovate, SKSNL is here to support you with reliable and affordable housing finance
solutions. We offer Housing Loans at attractive interest rates, helping you move one step
closer to your dream home.
- Available for all eligible residents
- Loan for construction of new house
- Purchase of independent house, residential land, or flats
- Finance for home improvement, repairs, renovation, and additional construction
- In-principle sanction within 3 days, subject to income proof, CIBIL & rating score
- Pre-mature closure facility available as per norms
- Flexible loan tenure from 3 years to 20 years
- 1-yr moratorium for construction loans (interest-only payment during this period)
- Loan eligibility up to 80% of property value OR 140% of registration value
- CIBIL deviation allowed with proper justification
VEHICLE LOAN
Drive Your Dream Vehicle with Ease
Whether it’s a two-wheeler or four-wheeler, SKSNL
offers a simple, quick, and flexible vehicle loan scheme tailored to your needs.
✨ Features & Benefits
- Available for resident individuals & proprietorship concerns
- Loan for personal use vehicles only
- Assessment based on Kachha/Pukka Bills, ITR, GST, and Bank Statements
- Available as a Term Loan with easy EMI options
- Vehicle hypothecation in favor of SKSNL
- Quick in-principal approval within a few days
- Pre-mature closure allowed as per norms
- CIBIL deviation allowed with satisfactory justification
GOLD LOAN
Unlock Instant Cash from Your Gold
Turn your idle gold into immediate financial
support with SKSNL Gold Loans. One of the fastest and easiest financing options, available
at your nearest branch. We offer loans against gold ornaments and approved gold coins for
both personal and agricultural needs.
Features & Benefits
- Available as Overdraft (OD), Short-Term Loan (STL), EMI, and Bullet repayment options
- Loan can be used for personal, agricultural, or any urgent needs
- Simple documentation & quick disbursal
- Highly secure storage with 24/7 CCTV surveillance and safe vaults
- Pre-mature closure facility available
- Loan tenure:
3 to 10 months (Overdraft)
Up to 12 months (Term Loan)
JOINT LIABILITY GROUP LOAN
Empowering Small Entrepreneurs Together
A Joint Liability Group (JLG) is a group of
like-minded micro-entrepreneurs who come together to save regularly and support each other
financially. This scheme promotes financial inclusion and mutual growth.
Loan Details & Terms
- Loan Amount:
- ₹10,000 to ₹1,00,000
- ₹1,00,000 to ₹5,00,000 (for Metro Cities)
- Margin Money: 10% of loan amount
- Repayment Tenure: 12 to 60 months
- Processing Charges: 2% of loan amount + GST
- Foreclosure Charges: 4% of outstanding loan
- Primary Security: Hypothecation of stocks in favor of SKSNL
- Guarantee: All group members act as guarantors
- Collateral Security: May be required based on loan amount