WE’RE A FULL SERVICE ESTABLISHMENT

Regular Loan

• Loan Limit of members

  Upto Rs. 200,000/-

• Maximum Installments

  50 Months installment

• Interest Rate

  18% per annum (Reducing balance)

• Required Sureties

  1. Upto Rs. 25,000/- Two Surety

  2. Rs.25,001/- to Rs. 50,000/- Three Surety

  3. Rs. 50,001/- to Rs. 1,00,000/- Four Surety

  4. Rs. 1,00,001/- to Rs. 2,00,000/- Five Surety

  5. Above Rs. 2,00,000/- Five Surety.

• Loan Charges -

1. Common Welfare Fund

   ½% of Loan Amount

2. Loan Processing Fee

   ½% of Loan Amount

3. Building Fund Fee

   ½% of Loan Amount

• Required Documents :

  Copy of ID Proof (Voter I-card, Aadhar Card/DL), Bank Statement, Electricity/Water/Telephone Bill, one photo of Borrower and one Photo ID & Photo of surety

• Others -

10% Shares of Loan sanctioned amount of Borrower all sureties.

Secured Loan

Get up to 90% Loan on your FD Principle Amount

Secured loans are a type of borrowing where the borrower provides collateral as a guarantee to the lender. Collateral is an asset, such as a home, car, or other valuable property, that the lender can take possession of if the borrower fails to repay the loan according to the agreed terms.
​Secured loans are considered less risky for lenders because they have a form of security, which often results in lower interest rates and more favorable terms for borrowers.