REGULAR LOAN

• Max. up to Rs. 50,000/-
INTEREST
• 15% p.a. (1.25% p.m.) Reducing Balance

CONDITIONS
• Must be a Member of the society.
• Share Money and Compulsory Deposit (CD) shall be min. 10 % each deposited into the account of the member.
• 2 Guarantor (Guarantor shall be the existing member of the society and should not be a defaulter)

DOCUMENTS REQUIRED

• Photo Id Proof (Any like Voter ID Card, Aadhar Card, Pan Card etc.)
• Address Proof (Water/Electricity bill, Compulsory)
• Income Proof (3 years ITR, Salary Slip, Affidavit)
• 2 A/c Payee Cheques (CTS Cheques)
• 2 Latest Passport Size Photo.
• Rent Agreement (In case of tenant. Electricity/Water bill of Landlord compulsory)

LOAN TENURE & CHARGES

• Loan Tenure will be max. of 36 months (3 year)
• Non-payment of the instalment on Due date will incur 3% penalty interest extra to the member.
• Processing Charges (2%)

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