Ordinary Loan

At present our society is providing Ordinary Loan upto Rs. 1,40,000.00 (One Lakh and Forty Thousand only) or ten times of share money of an account holder, which ever is lesser.

Ordinary Loan is provided at an interest of 10% percent monthly reducing on first cum first serve basis.

However in case of urgency out of turn loan may be taken by the member at an interest of 13%. This loan is proveded to the member within 2 days.

 

Download the Application Form for Ordinary Loan

Download the Bond (To be submitted alongwith application form for ordinary loan)