A member may be a proprietor/trader/Hotelier/Restaurant owner/partnership firm/Small or cottage Industries and other business persons of this co-operative Society can avail a Business Loan for his business development.
Eligibility: A member must have to run a Current with Daily account on a regular basis for at least 3 years and above.
Mortgage: Loan can be given under the mortgage of NSC/KVP/LIC/other Insurances/Land & Building (after legal opinion by office advocate and proper valuation by the office valuer) and minimum 10% of loan amount can be kept as margin money including share Deposit. Two members including one family member stood as guarantor/co-applicant.
| Sl.No | Maximum Limit | Maximum Repayment Period | Maximum Repayment Period |
| 1 | Rs. 3000000/- | 11% (PA) reducing balance (T &C apply) | - |
Repayment: Loan renewed in every year and Loan can be recall at any time (*TC Apply*)
