Nainital Bank Agra

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About Nainital Bank

Nainital Bank was established in the year 1922 by Pt. Govind Ballabh Pant who is one of the visionaries of Nainital who wanted to fulfill the financial needs of the people of Nainital. Soon after its existence, the Reserve Bank of India gave the authority of Nainital Bank to the Bank of Baroda. Having said that, Bank of Baroda holds 98.75% share holding in the Nainital Bank Limited and the remaining 1.43% of the share is held by the public.

Talking about the products and services offered by the bank, Nainital Bank is one of the leading banks when it comes to providing affordable loans. The interest rates on loans like home loans, personal loans, business loans, etc. are one of the lowest in the market that also give a higher loan amount with flexible repayment facility. Keeping in mind the financial needs and affordability of its customers, Nainital Bank has always believed in serving products that fits the pocket of the high-class as well as the middle-class. Ever since its existence, Nainital Bank has now spread its wings to Delhi, Haryana, Rajasthan, Uttar Pradesh and Uttarakhand. Read this article to know the branch details and product details of the Nainital Bank branch in Agra.

Branch Addresses of Nainital Bank Agra

Branch NameComplete AddressIFSCMICRContact Number
AgraKendriya Hindi Sansthan Road, Khandari Bypass Crossing, Agra - 282005NTBL0AGR0722821840020562-2530642

Products Offered by Nainital Bank in Agra

Nainital Bank is one of the banks that offers a wide array of loans and investment products. The bank offers home loans, personal loans, business loans, education loans, etc. that are available at an attractive rate of interest with a higher loan amount facility. Having said that, Nainital Bank loan interest rates are one of the lowest in the market. In addition to this, the bank offers investment products like Fixed Deposits with a higher return rate and hence giving the depositor the option to earn from their own savings without any hassle. Here are the basic details of the products offered by the bank in Agra, like eligibility criteria, amount, interest rate, tenure, processing fee, documents required, etc. So, have a look at the below details and apply for the product that suits your purpose.

Basic Details of Nainital Bank Products

ProductEligibilityAmount Interest RateProcessing FeeTenure
Home Loan (Apna Ashiana Housing Loan Scheme) All individual/s who own in his/her name the land on which the proposed house is to be constructed along with construction plan duly approved/sanctioned by competent authority/body. In case the land on which the proposed house is to be constructed stands in the joint names, all the joint owners should be made co-borrowers. The member of registered group housing society & farmers/agriculturists are also eligible under the scheme.Up to ₹20 lakhs8.35%NIL (Up to 31.03.2017)Up to 20 years
Personal Loan (Naini Sahyog)Permanent employees of Government Departments/Companies/ Reputed Institutions.
Field Officer/Agents of Insurance companies provided they are maintaining accounts with our bank for at least six months and the proceeds of their commission etc. are being credited in their accounts.
Other applicants engaged in business activity and professionals i.e. doctors, advocates, Chartered Accountants etc.
For salaried: Up to ₹5 lakhs

For Pensioners: Up to ₹50,000

For Insurance agents: Up to ₹2 lakhs

For Other Category and Businessmen etc: Up to ₹5 lakhs
11.30% - 14.75%0.50%-1% of the loan amountUp to 5 years
Car Loan (Suhana Safar Car Loan scheme)Individual
Proprietorship /
Partnership Firms / Private & Public Ltd. Co.
Up to ₹75 lakhs9.55% - 10.00%As per bank’s normsUp to 7 years
Business Loan For Vyapar Suvidha for Traders:
All individuals, firms, companies, regd. co-operative societies engaged in lawful trading of goods & commodities at least for last 2 years
Naini Health Care For Doctors:
Any individual having a Bachelors/ Masters Degree in the field of Medical Sciences like MBBS/ MS/ MD/ BDS/ MDS from a University recognized by Medical Council of India / Government of India
Up to ₹2 crores8.60%-10.35%As per Bank’s normsUp to 7 years
Fixed DepositAny Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Blind persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc. Trusts, Institutions/Agencies specifically permitted by the RBI eligible to open a "Fixed Deposit Account" in single/joint name/s.Above ₹10004.00% - 8.40%NILAbove 1 year
Education LoanFor Studies in India:-
School education including plus 2 stages.
Graduation courses – All graduation course i.e. B.A.
Post graduation courses: Masters & Ph. D.
Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental Management, Computer, Ayurved, Homeopath, Physiotherapy.
Computer certificate courses of reputed institutes accredited to Department of Electronics or Institutes affiliated to University.
Courses like ICWA,CA, CFA, CS.
Courses conducted by IIM. IIT, IISc, XLRI, NIFT.
Evening courses of Institutes approved by State /Central Government/UGC/ Universities.
Other courses leading to diploma/degree etc., conducted by colleges/universities approved by UGC/Govt/ AICTE/AIBMS/ICRM.
Courses offered by National Institutes and other reputed private institutions.
For Studies abroad:-
Graduation for job oriented professional/technical courses offered by reputed universities.
Post graduation MCA, MBA, MS.
Courses conducted by CIMA –London, CPA in USA.
Up to ₹20 lakhs10.10%-11.10%As per bank’s normsAfter completion of the course
Gold LoanAll individuals, subject to compliance of KYC/KYB norms. The applicant should be of good worth.As per the bank’s norms11.60%NILUp to 3 years

Documents Required

Below are the list of all the documents according to the product the applicant is applying for.

ProductDocuments
Home Loan Sale Deed/Agreement to Sale
Copy of approved map of proposed construction /purchase/extension
Detailed cost estimate/valuation report from an approved architect of the Bank
Salary Certificate & form No. 16 issued by employed for last two years
Income Tax Return/assessment order in case of Self-employed for last two years
Tax Paid Receipts
Allotment letter of Co-operative Society/housing board/Constructor/Builder etc.
Personal LoanFor Salaried:
Signed application form with photograph
Copy of passport/voter ID card/driving license
Processing fee cheque
Last 3 months bank statement/6 months bank passbook
Latest salary slip
Current dated salary certificate with the latest Form 16

For Self-employed:
Signed application form with photograph
Copy of passport/voter ID card/driving license
Processing fee cheque
Last 3 months bank statement/6 months bank passbook
Latest Bank statement
Latest ITR or Form 16
Car LoanIdentity Proof
Address Proof
Processing Fee cheque
Passport size photos
Loan application form
Business Loan ID Proof
Address Proof
Processing Fee cheque
Passport size photos
Loan application form
Latest audited ITR and financials for the last 2 years. (Balance Sheet, Profit & Loss A/c., Computation of Income along with all schedules.)
Last 6 months bank statements and 3 months of all other bank accounts mentioned in the Balance Sheet
Fixed DepositIndividuals
Hindu Undivided Families (HUFs)
Minor represented by parents /guardian
Guardian on behalf of societies, clubs, trusts and associations
Associations
Clubs
Trusts
Sole proprietorship firms
Partnership firms
Limited Companies
Education LoanLetter of admission
Duly filled and signed loan application form
2 recent passport size photographs
Statement of cost of study
PAN Card, AADHAR card of student and parent/guardian
Proof of identity and proof of residence
IT returns or IT assessment order of previous two years of the co-borrower
Statement of assets and liabilities of parent/guardian
Proof of income of parent/guardian
Gold LoanKYC Documents as per the bank’s norms

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