Nainital Bank Ghaziabad
Last Updated : Feb. 25, 2017, 6:58 p.m.
About Nainital Bank
Nainital Bank came into existence in the year 1922 and Pt. Govind Ballabh Pant was one of the personalities who were the part of the bank’s establishment. Other than this, in the year 1975, Bank of Baroda (BoB) which is second largest bank in India, became the share of the 98.6% of the bank’s share. Nainital Bank is associated with big-banners like Bank of Baroda, HDFC Bank, LIC, National Insurance Company Limited, etc. Presently, Nainital Bank Limited has 125 branches in Uttarakhand, Uttar Pradesh, Delhi, Haryana and Rajasthan.
The bank provides customer-friendly services both offline and online. From personal banking to agricultural banking solutions, Nainital Bank takes care of the convenience of its customers. The bank is also registered as scheduled bank of Reserve Bank of India (RBI) and the Central Bank of India. Not to forget, the loans as well as the investment products of the bank are one of the most affordables. Home loans, personal loans, business loans, etc. come with low-interest rate and a higher loan amount facility which make it one of the first choices of a loan borrower. The bank provides great service in Ghaziabad as well so have a look at the Nainital Bank Ghaziabad branch details.
Nainital Bank Ghaziabad Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Ghaziabad | 35, Addl. Sigani Gate Scheme, Near Navyug Market, GZB, (U.P.) - 201001 | NTBL0GHA026 | 110184008 | 0120-2790880 |
| Vaishali, Ghaziabad | Sector - 4, Plot No.3, Commercial Centre, Vaishali, Ghaziabad - 201010 | NTBL0GHA054 | 110184010 | 0120-2779118 |
Products Offered by Nainital Bank in Ghaziabad
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 Ghaziabad, 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
| Product | Eligibility | Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| 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 lakhs | 10.50% Onwards | 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 | 12.50% Onwards | 0.50%-1% of the loan amount | Up to 5 years |
| Car Loan (Suhana Safar Car Loan scheme) | Individual Proprietorship / Partnership Firms / Private & Public Ltd. Co. | Up to ₹75 lakhs | 9.20% Onwards | As per bank’s norms | Up 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 crores | 8.60%-10.35% | As per Bank’s norms | Up to 7 years |
| Fixed Deposit | Any 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 ₹1000 | 3.35% - 6.85% | NIL | Above 1 year |
| Education Loan | For 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 lakhs | 10.10%-11.10% | As per bank’s norms | After completion of the course |
| Gold Loan | All individuals, subject to compliance of KYC/KYB norms. The applicant should be of good worth. | As per the bank’s norms | 11.60% | NIL | Up to 3 years |
Documents Required
Below are the list of all the documents according to the product the applicant is applying for.
| Product | Documents |
|---|---|
| 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 Loan | For 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 Loan | Identity 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 Deposit | Individuals 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 Loan | Letter 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 Loan | KYC Documents as per the bank’s norms |