Regular Loan

Regular / Personal Loan

Max. Up To Rs. 2,00,000/-

INTEREST

  • 15% p.a. (1.25% p.m.) Reducing Balance
  • CONDITION

  • 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)
  • Rent Agreement (In case of Tenant and Electricity/Water Bill of the Landlord)
  • Income Proof ( Salary Slip , Income Certificate , RTI )
  • 2 Latest Passport Size Photo.
  • Guarantor (ID Proof & Photo)
  • Nominee Pan Card Copy
  • 2 A/c Payee Cheque (CTS Cheque)
  • LOAN TENURE & CHARGES

  • Loan Tenure will be max. of 12 months (1 year)
  • Non-payment of the instalment on Due date will incur 3% penalty interest extra to the member.
  • Loan processing charges shall be applicable.