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Emergent Loan

Maximum Loan 20,000-/
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Regular Loan

Maximum Loan 2,00,000-/
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Loan Against FD

Maximum Loan 5,00,000-/
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INTEREST
  • 15% p.a. (1.25% p.m.) Reducing Balance.
CONDITIONS
  • Must be a Member of the society.
  • Share Money and Compulsory Deposit (CD) shall be min. 10 % each deposited into the account of the member..
  • 2 Guarantor (Guarantor shall be the existing member of the society and should not be a defaulter).
DOCUMENTS REQUIRED
  • Photo Id Proof (Any like Voter ID Card, Aadhar Card, Pan Card etc.)
  • Address Proof (Water/Electricity bill, Compulsory)
  • Income Proof (3 years ITR, Salary Slip, Affidavit)
  • 2 A/c Payee Cheques (CTS Cheques)
  • 2 Latest Passport Size Photo.
  • Rent Agreement (In case of tenant. Electricity/Water bill of Landlord compulsory).
LOAN TENURE & CHARGES
  • Loan Tenure will be max. of 12 months (1 year)
  • Non-payment of the instalment on Due date will incur 3% penalty interest extra to the member.
  • Loan processing charges shall be applicable.