Business and Other Loan
We are providing loans to Member's Personal or Business Purpose
a) Interest rate will be 20% P.A. Reducing Basis.
b) You can avail loan upto 90% of Maturity Amount.
c) Loans are provided against Recurring deposits/ Daily Deposits.
d) You can obtain loans against deposits maintained with our another branch too. While availing the loan, the deposit receipts/ certificates shall be submitted to the branch for disbursing the loan.
|Product||Tenure||Loan Amount||Rate of Interest|
|Daily Basis||52 Days||upto 4000||12%|
|Daily Basis||107 Days||5000 upto 20000||15%|
|Monthly Basis||10 Months||upto 25000||20%|