The Bank that has been acclaimed as ONE OF THE TOP 100 Urban Co-operative Banks in terms of deposits in India.

Mahesh Sahakari Bank Ltd, Pune was established in 1972 by visionary Shri. Hiralalji Malu with his colleagues and active support of Maheshwari Yuwak Mandal. It is running by the people who are the doyens of trade, commerce and industry and respected in the social circle. Their experience and expertise have made the bank efficient and profit-making. A ethical and professional top management has always been its guiding star.
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Loan Schemes:

Mahesh Sahakari Bank Ltd, Pune offers:

New Concessional Loans : @ 11% Interest Rate :

1) Higher Education Loans -
  (CA/CS/ICWA/MBA/ENGG/DOCTOR EDU COURSE)
Max. 2 Lacs
2) For Educational Institutions -
  Max. 10 Lacs
3) For Medical Professionals -
  (Loan for Purchase of Machinery & Equipments)
Max. 5 Lacs
4) Loans for Package Tours -
  Max. 50000/-
5) Loans for Medical Equipment Purchases -
  Max. 1 Lac.
6) Car Decor Loans -
  Max. 2 Lacs.
7) Business Loans for Professionals -
  Max. 10 Lacs ( CA/CS/ICWA/MBA/ARCHT./ENGG./DOCTORS)

Loans for Traders:

  • Attractive loan schemes against different securities available for the traders

Loans for Small Scale Industries:

  • Loan for purchase of machinery, land and building.
  • Loan for working capital.
  • Easy loan repayment terms.

Loans for Purchase of Household items:

  • Loans extended for purchase of TV, Refrigerator, Washing Machine, Furniture and other types of household goods.
  • Loan sanctioned up to 70% of value.
  • Easy loan installments.

Loans for Computers and Allied Equipments:

  • Mahesh Sahakari Bank Ltd, Pune provide loans for purchase of Computer, Printer, Software,
    UPS, and other required peripherals.
  • Loan up to 70% of value.
  • Easy loan installments.

Housing loan - your own house, A dream come in reality!

  • Present Loan rates upto 60 months – 11% p.a.
  • Above 60 to 120 months – 12.50% p.a.
  • Above 120 to 180 months – 13.50% p.a.
  • Housing loans maximum up to Rs.50 lacs
  • 0.50 % interest concession on regular payments of installments - For Loans above 60 months.

Four Wheeler Loans :

  • Loan up to 90% of value of the Vehicle.
  • Easy loan installments.
  • Minimum Sanction Period.
  • Monthly interest by reducing balance method.

Gold Loan: @ 11% (Margin 20%)

Loan Against Gold and Silver Bonds ( 'E' Series ) -

Term Loan & Cash-Credit limits available against the securities of Gold & Silver bonds


Loans to SHGs & JLGs :

Pursuant to Monetary policy 2011-12, our bank is also lending to Self Help Groups (SHGs) and Joint Liability Groups
( JLGs ). Our schemes are -


  Swayamrojgar Group Loan Scheme -
  Loan made available to Self Help Groups (SHGs). SHGs are small group of Individuals promoting saving's habit among members. These savings are then lent by the group to the members for income generating purpose.
 
  • SHGs should be registered under State Coop. Societies Act.
  • Required members - 10 to 20.
  • Loan Up to 4 times of their savings etc.
  Joint Liability Groups ( JLGs ) -
  JLGs are informal group of individuals coming together for purpose of availing of Bank loan through group mechanism against mutual guarantee in order to engage in similar type of economic activities.
 
  • Required members - 4 to 10
  • Maximum Loan Up to Rs. 5 lacs

Others :

  • Loans against the security of KVPs, LICs, NSCs etc are extended on liberal terms and disbursed immediately.