Regular/Ordinary Loan

Loan Limit

Upto Rs. 6,00,000/- (Six Lac)
Maximum Installment 72 Months Installment
Interest Rate 15.6% P.A (Reducing Balance)
Required Sureties Four Surety ( Two Govt. Surety Compulsory)
Risk Fund Risk Fund 1% of Loan Amount
Required Documents Copy of ID Proof/Income Proof /Bank Pass        
Book/12 Post Dated Cheques
Others

10% Shares of Loan Sanctioned Amount

     

Emergency Loan

Loan Limit

Upto Rs. 40,000/-
Maximum Installment 40 Months
Interest Rate 15.6% P.A (Reducing Balance)
Required Sureties Two Surety
     

Loan Against Deposits

Loan Limit Upto 90% of Principal Value of Deposits
Maximum Installment Till the maturity value of the Deposit
Interest Rate Plus 2% of Deposit Rates
Required Sureties No Surety required
Required Documents Original Certificate of Deposits & One Photo with application form