A Secured Loan is a loan where the borrower will pledge for some asset which is used as Collateral. In this type of product, they will be sanctioning loan process for personal & commercial use.

Eligibility: Features & Benefits:

Attractive Interests Rates.


Member of the BETIYAN NIDHI LIMITED Holding either single account or joint account with other family members viz., father, mother, wife, son, or daughter with regular source of income.

Individuals who may be employed/self-employed in business having regular income.

Permanent employee of Central/State/Defence//Public or Joint Sector Undertaking/reputed firms/established Educational Inst/Professional/Businessmen having regular income.

Purpose of Loan

  • • Up-gradation, renovation, and extension of residential property.
  • • Medical, emergency expenditure for maintenance of family.
  • • To meet the Wedding Expenditure.
  • • Major Surgical operation.
  • • For expansion of your existing business or begin a dream venture.
  • • Meeting any other genuine need as may be specified by the Borrower and agreed to by the Lender.
  • • Planning to start a small business.

Quantum of Finance

As per eligibility and Income Earning Capacity.

Repayment Details

By EMI or Regular.

Processing Charges & Service Tax

1% Processing Fees and Other Charges (Inclusive) PLUS Service Tax as applicable.

Supporting Documents for Loan Sanctioning

  • • Photo Identity Proof:
  • • Passport
  • • PAN card
  • • Voters Identity Card
  • • Driving License
  • • Residence Proof
  • • Telephone Bill
  • •Letter from any recognized Public Authority
  • • Electricity Bill
  • • Ration Card
  • • Letter from employer subject to satisfaction on Bank
  • • Properly Tax Book/Receipt
  • • Registered Lease Deed
  • • Application on Prescribed form
  • • Two photographs of Borrower and Guarantors
  • • Address proof of Borrower and Guarantors (copy of Ration Card, Election card, Telephone bill, Driving License etc.)
  • • Income proof, Copy of Income Tax Return, Financial Statement of the Firm, Sales Tax returns etc.

Profile of Guarantors.

Loan should be guaranteed by three financially sound Guarantors having net individual worth twice the loan amount.

In case Guarantors are not available, then any other marketable security having worth twice the loan amount.