A member of this co-operative Society can take a Vehicle Loan for his personal and commercial use i.e. Two wheeler, Three wheeler, Four wheeler and tractor (ITL & TP Loan are two types vehicle loans given in the society)
Eligibility: A member must have to run a savings/Current/Daily account on a regular basis for a minimum 1 year and above.
Mortgage: Loan can be given keeping security up to 50% of the quotation value including share Deposit. Collateral Security like the surrender value of Lic or other Insurance Bond/NSC and KVP. Hypothecation of financed vehicles with insurance coverage kept as mortgage and guarantors are of two members including one family member.
| Sl.No. | Maximum Limit | Maximum Repayment Period | Maximum Repayment Period |
| 1 | Rs. 500000/- | 14% (PA) reducing balance (T &C apply) | 5 Years |
