A member may be a Self Employed/Govt or Semi-govt. Employee/Private Employee/ person of this Society can avail a Personal Loan for their specific purpose.
Eligibility: A member must have to run a savings/Current/Daily account on a regular basis for a minimum 6 months and above.
Mortgage: Loan can be given under the mortgage of NSC/KVP/LIC/other Insurances/gold/Land & Building after proper valuation by the office staff and 15% of loan amount can be kept as margin money including 5% share capital and 20% as Fixed Deposit. Guarantor two members including one family member as guarantor.
| Sl.No. | Maximum Limit | Maximum Repayment Period | Maximum Repayment Period |
| 1 | Rs. 1000000/- | 14% (PA) reducing balance (T &C apply) | 5 Years |
Repayment: Loan can be paid by daily/weekly/Monthly through Daily Account.
