Loans
Vinayak Home Loan helps you buy or build the house of your dreams. The Vinayak Bank Home loan can be customised according to your needs and repayment capability.
Vinayak Bank has introduced Adjustable Rate Home Loan (ARHL) to provide the option to the well informed, market savvy customer to take advantage of the interest rate volatility.
Vinayak Bank Home Improvement loan adds value and contributes to a better living environment.
Vinayak Bank’s home extension loan is the easy way to create that extra bit of space to your home.
Vinayak Bank’s Short-Term Bridging loan facility is the perfect loan product if you are planning to move into a bigger, better house.
If you have found the perfect location to build your house, but need finance to acquire the land, this is the loan you need.
Vinayak Bank offers loans to doctors, chartered accountants, lawyers or any other self-employed professionals to buy or build, or renovate office premises.
Now owning your dream car is even easier, Vinayak Bank offers personalized car loans for the entire range of passenger cars. Quick decision-making, hassle free processes, and unmatched turnaround times are our specialty.
Vinayak Bank offers education loan scheme to provide financial support to meritorious students for pursuing Higher Education in India.
Micro Units Development & Refinance Agency Ltd. (MUDRA) is a new institution set up by Government of India to provide funding to the non-corporate, non-farm sector income generating activities of micro and small enterprises whose credit needs are below Rs. 10 Lakh.
Under the aegis of Pradhan Mantri MUDRA Yojana (PMMY), MUDRA has created three products i.e. ‘Shishu’, ‘Kishore’ and ‘Tarun’ as per the stage of growth and funding needs of the beneficiary micro unit. These schemes cover loan amounts as below:
- Shishu: covering loans up to Rs. 50,000
- Kishore: covering loans above Rs. 50,000 and up to Rs. 5,00,000
- Tarun: covering loans above Rs. 5,00,000 and up to Rs. 10,00,000
All Non-Corporate Small Business Segment (NCSBS) comprising of proprietorship or partnership firms running as small manufacturing units, service sector units, shopkeepers, fruits/vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, food processors and others in rural and urban areas, are eligible for assistance under Mudra.
Bank branches would facilitate loans under Mudra scheme as per customer requirements. Loans under this scheme are collateral free loans.