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Updates
Gold loan for one month special scheme up to 10,00,000 @7.75% p.a
Gold loan for Three months up to 2,50,000 @8.25% p.a
Gold loan for Four months up to 50,00,000 @8.25% p.a
Gold loan for Six months up to 1000000 @9.00% p.a
Gold loan for one year up to 1000000 @9.25% p.a
Cash credit Loans
Business Loan Up to 5,00,000 @13.00%
Above 5,00,000 Above @14.00%
Loan can be availed by A class Members only. Loan can be availed against the security of land mortgage / immovable property. The Maximum limit that can be advanced under this scheme will be Rs.4,00,000/- (Rs.Four lakh only). Loan can be availed only for raising the fund for the marriage of the applicant or direct blood related persons (son, daughter etc). A copy of invitation letter should be submitted to prove the purpose. Interest will be calculated under EMI method. All the loans should be remitted in monthly installments. Penal charges will be levied on the overdue instalment in addition to the normal rate whenever an instalment becomes overdue.
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