The loan is provided to various purposes to the members of the Society subject to a maximum of Rs 5000/- for each member. The security for the loan varies withpurpose and amount of loan.
A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. (Upto 25,000/-)
An employee loan is given to an employee with the expectation that the amount is to be repaid in full to the employer, often via a pre-agreed deduction from the employee's net salary. (Upto 50000)
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian banks. This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of R.V.GUPTA committee to provide term loans and agricultural needs.(Upto 3lakh)
A mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. (Upto 50lakh)
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Gold loan or loan against gold is a secured loan in which a customer pledges his/her gold ornaments as collateral with a gold loan company. ... It is a very quick and easy way of fulfilling one's financial needs as compared to the other loans. (Upto 5lakh)
