RBI License No. : UBD.RAJ 1117P    GST No. : 08AAAAT3808N2Z5
Udaipur Mahila Samridhi Bank Logo
The Udaipur Mahila Samridhi
Urban Co-operative Bank Ltd.
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Latest Updates
09 MAY 2026 Udaipur Mahila Samridhi Urban Co-operative Bank Ltd. was honored with the "Best Digital Bank Award" at the prestigious All India Co-operative Banking Summit & Awards organized by Crest Infomedia in Pune.
09 Oct 2018 The Bank provides complete digital banking solutions including RTGS / NEFT, RuPay ATM Debit Cards with Contactless Facility, IMPS, UPI, POS / E-Commerce Transactions and BBPS Services for secure, fast and convenient banking experience.
19 Nov 2017 Mobile Banking Services are available for both Android and iOS platforms, offering customers seamless access to fund transfers, balance enquiry, bill payments and digital banking facilities 24x7.
18 Sept 2025 Udaipur Mahila Samridhi Urban Co-operative Bank Ltd. received prestigious FCBA Awards for excellence in Core Banking Solutions (CBS), Data Management, Leadership and Mobile Banking Services.

Loan Charges & Guidelines

The Udaipur Mahila Samridhi Urban Co-operative Bank Ltd. follows transparent and customer-friendly loan processing policies with clearly defined charges, documentation requirements, and renewal guidelines.

Loan Charges & Guidelines

Transparent Loan Processing System

The Bank ensures fair and transparent loan processing procedures for all loan and advance facilities offered to customers.

Applicable charges, documentation rules, renewal conditions, and stamp duty requirements are maintained as per Bank norms and applicable Government regulations.

Customers are advised to carefully review all terms and conditions before availing any loan or credit facility.

Applicable Charges

Particulars Charges Remarks
Processing Charges 0.50% of Sanction Amount Applicable on all loans except Gold Loan (1.00% on Gold Loan)
Share Capital 2.50% of Sanction Amount Maximum up to ₹50,000/- as per Bank By-Laws
Nominal Membership Fee ₹101/- Per individual involved in loan/advance
Legal & Valuation Charges As per Actual Applicable for property valuation and legal verification
Main Agreement Stamp 0.25% Or as per applicable Government rules
Other Agreement Stamps ₹500/- Per agreement/document

Renewal & Documentation Guidelines

  • Stamp duty and agreement charges remain applicable for all new loan sanctions.
  • In case of renewal or reduction of sanction limits (CC, BOD, OD), renewal documentation is mandatory.
  • Balance Confirmation, Consent Letter, and Continuity Letter are required annually at renewal time.
  • Applicable renewal processing charges of 0.20% are required annually.
  • All documents must be properly stamped every 5 years.
  • Fresh stamping is mandatory whenever loan limits are enhanced or modified.

Important Loan Policy Notes

  • Branch Managers cannot commit any loan amount before written sanction by the Loan Committee.
  • The Bank may take over eligible loans from other banks subject to approval.
  • The Chief Executive Officer is authorized to moderate loan restrictions as per policy.
  • Processing charges may be reduced or waived by the Chief Executive Officer in special cases.
  • Loan Committee reserves the right to approve, reject, or modify loan terms.
  • Existing customers switching from credit facility to term loan may receive processing charge waiver.
  • Interest rates are floating/variable and may change as decided by the Board of Directors.

Important Information

All loan sanctions are subject to eligibility, repayment capacity, documentation verification, valuation norms, and Bank policies. Customers are requested to contact the nearest branch for detailed guidance.