Regular Loan

1) The loan amount will be up to maximum of Rs.1,50,000.

2) The documents mentioned –

A) Two cheque of bank account.

B) Bank statement of last six months

C) Pay slips of last six months of the government and private sector employee ,

D) Identification proof and electricity bill of current month.

3) The installment will be monthly payable and non-payment of installment on due date will attract 3% penalty per monthly installment.

4) Non-payment of full loan by due date will attract Rs. 200 /= penalty per month.

5) The rate of interest on loan will be @ 15% per annum.

6) The loan period will be for maximum of 36 months.

Note:- BEFORE APPLING FOR ANY KIND OF LOAN MEMBER SHOULD FULFILL THE FOLLOWING CONDITIONS.

1) Share Money sholud be 10% of the loan amount.

2) Compulsory Deposit should be 10% of the loan amount.

By the members, For the members, Of the member come and become a part of our
" SUBHLABH Parivaar"