15% p.a. (1.25% p.m.) Reducing Balance.
Must be a Member of the society.
Share Money and Compulsory Deposit (CD) shall be min. 10 % each deposited into the account of the member..
2 Guarantor (Guarantor shall be the existing member of the society and should not be a defaulter).
Photo Id Proof (Any like Voter ID Card, Aadhar Card, Pan Card etc.)
Address Proof (Water/Electricity bill, Compulsory)
Income Proof (3 years ITR, Salary Slip, Affidavit)
2 A/c Payee Cheques (CTS Cheques)
2 Latest Passport Size Photo.
Rent Agreement (In case of tenant. Electricity/Water bill of Landlord compulsory).
Loan Tenure will be max. of 12 months (1 year)
Non-payment of the instalment on Due date will incur 3% penalty interest extra to the member.
Loan processing charges shall be applicable.
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