Smart Loan (SMR) SMART LOAN is aimed to provide financial assistance to Members for the purchase of Computers/Laptop/Smart Phone, etc., as per the following table:

Net Salary                                        Loan Amount                         Interest                           Recovery

Rs.4,000/- to Rs.6,000/-                      Rs.20,000/-                            10%                         40 Months

Rs.6,001/- to Rs.9,000/-                      Rs.40,000/-                            10%                          40 Months

Rs.9,001/- to Rs.13,000/-                    Rs.60,000/-                             10%                          40 Months

Rs.13,001/- to Rs.17,000/-                  Rs.80,000/-                             10%                         40 Months

Rs.17,001/- to Rs.22,000/-                  Rs.1,00,000/-                          10%                         40 Months

Above Rs.22,000/-                               Rs.1,50,000/-                         10%                          40 Months

Members should submit an Estimate obtained from the Shop/Dealer along with the Loan Application.

Surety not required.