Ordinary Loan Scheme :-
- The loan amount will be up to maximum of Rs.1,00, 000 or ten times of share money whichever is less
- Loan after one months of membership.
- The installment will be monthly payable and non-payment of installment on due date will attract 3% penalty per monthly installment.
- The rate of interest on loan will be @ 10% per annum.
- The loan period will be for maximum of 60 months.
- Two guarantor required for Loan.
Before Filling Loan Form Member must fulfill following conditions:
- Share capital must be 10 % of loan