Jananidhi Fortnight Loan (Group Loan):
- We provide this loan Group Members.
- Each group consists of 5 members.
- All Group member should have minimum one share in our cooperative
- Minimum loan limit is Rs. 20,000/- per member and maximum limit is up-to Rs.50,000/- per member.
- Loan tenure is 12 months (24 Fortnightly).
- The interest rate for the product is as per Souharda act*.
DOCUMENTS REQUIRED:
- Photograph - Latest Color Photograph
- Identity Proof of Applicant (Any One) - Voter ID Card / PAN Card / Passport / Driving License / Aaadhar Card
- Age Proof (Any One) - Voter ID Card with Date of Birth / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document with date of birth
- Signature Verification (Any One) - PAN Card / Driving License / Passport / Bank Signature Verification
- Ownership Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Possession Letter + Utility Bill / Power of Attorney + Utility Bill / Index copy + Utility Bill
- We will take guaranty from group members.
- Postdated Cheques (2 Nos).
Self Help Group (SHG):
Self-Help Group (SHG) is a small voluntary association of poor people, preferably from the same socio-economic background. They come together for the purpose of solving their common problems through self-help and mutual help. The SHG promotes small savings among its members. The savings are kept with a Cooperative.
- We provide this loan only to Group Members.
- Each group consists of 10 members.
- All Group member should have savings amount in our cooperative SB Accounts.
- Minimum loan limit is Rs. 20,000/- per member and maximum limit is up-to Rs.50,000/- per member.
- Loan tenure is 12 months (24 Fortnightly).
- The interest rate for the product is as per Souharda act*.
DOCUMENTS REQUIRED:
- Photograph - Latest Color Photograph
- Identity Proof of Applicant (Any One) - Voter ID Card / PAN Card / Passport / Driving License / Aaadhar Card
- Age Proof (Any One) - Voter ID Card with Date of Birth / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document with date of birth
- Signature Verification (Any One) - PAN Card / Driving License / Passport / Bank Signature Verification
- Ownership Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Possession Letter + Utility Bill / Power of Attorney + Utility Bill / Index copy + Utility Bill
- We will take guaranty from group members.
- Postdated Cheques (2 Nos).