Business and Other Loan
We are providing loans to Member's Personal or Business Purpose
a) Interest rate will be 20% P.A. Reducing Basis.
b) You can avail loan upto 90% of Maturity Amount.
c) Loans are provided against Recurring deposits/ Daily Deposits.
d) You can obtain loans against deposits maintained with our another branch too. While availing the loan, the deposit receipts/ certificates shall be submitted to the branch for disbursing the loan.
| Product | Tenure | Loan Amount | Rate of Interest |
|---|---|---|---|
| Daily Basis | 52 Days | upto 4000 | Maximum 15% Reducing p.a. |
| Daily Basis | 107 Days | upto 20000 | Maximum 15% Reducing p.a. |
| Monthly Basis | 10 Months | upto 25000 | Maximum 20% Reducing p.a. |
