Ordinary Loan(general ) Limit Upto 7Lakh Only (Repay In 75 Installments with interest)
Secured Loan against Property Limit Upto Rs. 20 Lakh (Repay In 100 Installments with interest)
Vehicle Loan upto 80% Of the Vehicle Value (Repay In 36 Installments with interest)
*All Loan Rate of Interest @12% p.a. on day to day Basis (On reducing Balances)
*10% Rebate will be given on total interest Paid by Member (if all Installments Paid on timely)
Documents Required
One address proof will be given Necessary other than Aadhar Card,Pan Card Of Applicant and all sureties for all types of loans.
Proof of address (Photocopy of Voter card /Driving Licence/Latest electricity Bill or any govt. recognized authorities.)
Photocopy of Aadhar card is necessary for Loanee and Securities.
One outsider gent’s Member surety Must In all Types of loan.
Age Limit Of Applicant and Securities:- Up to 60 Years.
All Photocopies Papers need to be self attested.
Share Money Required For general loan( 10% of the loan amount of the applicant and 20% of the loan amount of all Sureties.