A member may be a Self Employed/Govt or Semi-govt. Employee/Private Employee/ person /Business person of this Society can avail a Loan against property for their specific purpose.
Eligibility:A member must have to run a savings/Current/Daily account on a regular basis for 6 months and above.
Mortgage: Loan can be given under the mortgage of Land & Building after proper valuation by the office staff and approved valuer, 15% of loan amount can be kept as margin money including 5% share capital. Guarantor two members including one family member as guarantor.
| Sl.No. | Maximum Limit | Maximum Repayment Period | Maximum Repayment Period |
| 1 | Rs. 1500000/- | 13% (PA) reducing balance (T &C apply) | 10 Years |
Repayment:Loan can be paid by ECS/weekly/Monthly/ through Daily Account collected by society Agent.
