Loans

Being a responsible financial institute every loan is processed only after considering mainly three points and following complete due diligence

• 1. Minimum rate of interest- Simple interest method with the rate between 9% to 15 %
• 2. Simple Interest Method- Due to the system of simple interest method the benefit of daily reducing balance can be availed by the customers. Loans can be repaid any number of times in a month.
• 3. No hidden or additional charges are charged to the customers. Also, no commission of any sort is charged.
• 4. Loan repayment period is 36 months to 180 months depending on the amount of loan and the repayment capacity of the customer.
• 5. No Pre-closure charges: No pre-closure charges are charged for the repayment of the loan before the stipulated tenure.