The Personal Surety Loan (Special) is designed to provide members of Tirur Urban Cooperative Bank with swift, flexible financial support for diverse personal needs. No collateral is required—just personal surety from you and another member in the bank.
| Purpose | Supports various special needs (medical, travel, events, emergencies, etc.) |
| Eligibility | Must hold Class D membership with the bank and be a Co‑op Bank member |
| Loan Amount | Up to ₹100,000 (1 Lakh) |
| Repayment Options | 5 years, available as EMI or non‑EMI schemes |
| Interest Rate | 12.5% per annum |
| Loan Processing Charges | |
|---|---|
| All Loans including Surety loans, MWL (Except gold loans, Deposit loans, NSC Loans, and loans to Staff) | 0.8% of the loan amount + GST |
| Cost of all loans (Mortgage) form | Rs.250/- + GST |
