LOANS

Thrift Deposit Loan (TDL)
This is a facility to take Loan from the Thrift Deposit being maintained at the Society by the Members.

Conditions:
  • A minimum balance of Rs.10,000/- in the Thrift Deposit A/c is a pre-requisite 
  • Loan will be granted upto 90% of the balance in Thrift Deposit A/c
  • Option is left to the Members to effect recovery of Principal Loan Amount with number of instalments / waiver of recovery of Principal Loan Amount
  • Interest Rate is 9%

Surety not required