INTEREST

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

2% extra on loan against RD and FD.

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 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.