On the basis of 40 sq ft per animal and the cost assessed @ 50/- per sq ft 1000 Sq. ft covered (Area)
Amount of Loan : Rs. 50,000/-
Rate of interest : 12 % P.A. (Calculation of interest rests monthly)
i) Loanee should be the nominal member of the bank.
ii) Loanee should be resident of Chandigarh.
iii) The project should be located in Union Territory, Chandigarh.
iv) Full insurance cover of animals in favour of the bank.
v) Advance Cheques in favor of bank.
vi) Proof of repayment upto the satisfaction of the branch In-charge.
vii) 5 advance cheques.
© The Chandigarh State Cooperative Bank Limited Chandigarh,2014