Personal Loans at

Central
Cooperative Bank
Central Cooperative Bank offers a range of personal loan options to
help you achieve your financial goals. Whether you need funds for a
major purchase, debt consolidation, or unexpected expenses, our
personal loan program provides flexible and affordable solutions
tailored to your needs.

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by meet excise

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Types of Personal Loans
Term Loans Line of Credit Unsecured Loans

Fixed-term loans with set Revolving credit line that Loans without collateral,
monthly payments, great for you can access as needed, based on your
financing specific purchases. ideal for ongoing expenses. creditworthiness and
income.

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Eligibility Criteria

1 Age 2 Income
Applicants must be between 21 and 65 Steady and verifiable income from
years old. employment, business or investments.

3 Credit History 4 Residency

Good credit standing with no history of Applicants must be permanent residents
defaults or late payments. or citizens of the country.

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Loan Amount and Tenure
1 Loan Amount
Personal loans range from $5,000 to $50,000, based on your income and
creditworthiness.

2 Loan Tenure
Repayment terms from 12 months up to 60 months, allowing flexibility to
suit your needs.

3 Customized Options
Our loan specialists work with you to determine the optimal loan amount
and tenure.

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Interest Rates and Fees
Interest Rates Processing Fees
Competitive fixed or variable interest rates A one-time processing fee of up to 2% of
starting as low as 8% per annum. the loan amount may apply.

No Hidden Charges Flexible Repayment

We are transparent about all fees and costs Convenient monthly installment options to
associated with your personal loan. fit your budget and cash flow.

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Application Process

Step 1 Step 2 Step 3 Step 4

Submit your online Our team reviews If approved, we'll Upon your
application with your application provide you with acceptance, we'll
required and assesses your the loan disburse the funds
documents. creditworthiness. agreement for directly to your
your review and designated
acceptance. account.

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Required Documents

ID Proof Income Proof Address Proof Credit Report

Provide a valid Submit recent pay Utility bills, rental We'll obtain a credit
government-issued stubs, bank agreement, or bank report to assess your
ID, such as a driver's statements, or tax statements can creditworthiness and
license or passport. returns as proof of verify your repayment history.
income. residential address.

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Approval and Disbursement
Approval Timeline Within 2-3 business days

Disbursement Method Funds transferred directly to your bank

account

Disbursement Timeline Same or next business day after approval

Notification You'll receive email and SMS updates

throughout the process

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Repayment Options
Automatic Debit Online Payments Early Repayment

Set up automatic monthly Make payments anytime Prepay your loan at any time
payments from your bank through our secure online without penalty to save on
account for convenient banking platform or mobile interest charges.
repayment. app.

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