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Loans:

100% Loans

Attention Members:

  • LOAN ISSUING GUIDELINES :
  • The person should be a Valid member of the society
  • The loan process initiated only after 45 days of his membership.
  • Loan applicant should provide enough contribution to Society .
  • Loan application should be completely filled and submitted to the base branch or nearest branch.
  • After receiving the application society staffs will verify all those details ,After complete verification the application is forwarded to the Board Meeting.
  • The loan process Board meeting will be conducted once in a month or at least every quarter.
  • After receiving the application society staffs will verify all those details ,After complete verification the application is forwarded to the Board Meeting.

LOAN ISSUING GUIDELINES :

  • Only eligible members will be provided the loan.

  • Loan application is not guarantee of loan , so avoid false commitments..

  • Processing fees will not be refunded at any cost.

  • Normal loan application processing time is Maximum 60 days from the receipt of application.

  • For loans after letter of sanction the persons should deposit 10% amount to the society.

  • Interest rate per annum is from 9.25% to 19.5%.

     

    SELF HELP GROUP (MAHALIR KULU) AND PERSONAL LOAN WE HAVE DONE TILL NOW: 

     

 

 

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