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Member Cash Credit/ Loan facility

Name of the scheme Salaried employees, Businessmen, professional self-employed, Traders and Members
Purpose For Social and Business and House Rearing and renovation
Eligibility Members, Manufacturing Units, Traders, Service Providers Salaried Employed will be eligible for this scheme.
Rate of interest 12.00%
Processing fee Nil
Period of Finance Maximum 36 Months.
Share linking 3 % of the loan amount sanctioned
Guarantee Two guarantor possessing property and also Income tax-payer.
Security LIC Policy assign as a Co-lateral Security for loan amount More than Rs. 100,000/-