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LOAN

Loan Scheme
Scheme
Details
Maximum Limit
ROI (%)
With effect form
Ordinary Loan

6.67 times of Shares + Subs.(Rs. 75,000/-) OR
15 times of monthly Salary OR
Rs.60,000/- per completed year of membership
WHICHEVER IS LESS
120 MONTH RECOVERY RS. 5952/- (4167+1785)
Two Sureties are required

(To be printed on Legal Size Green Ledger Paper)
5,00,000
8.5% p.a.
13/07/2021

Take home salary should be minimum Rs.7000/-

Note : (The Interest rate will be charged subject to ABR of Society)
Required documents:
  1. Self attested current month’s pay-slip of borrower.
  2. In case of other than BARC unit, Self attested Borrower’s & Self attested Surety’s both side Identity Card Xerox.
  3. Self attested bank details of borrower which can be clearly identified.

Any further information can be obtain from the Society Office .