Instant Loan
Thinking of financing a project, investing and even improving your investments? This is the right deal to help you.
Features
- The applicant must complete the loan application form in full and any incomplete form will not be considered.
- The total loan granted shall not exceed 30% of savings and is repayable in a period of maximum 6 months.
- The rate of interest shall be 3% per month at fixed rate.
- Member’s account must be active for the last 6 months.
- Insurance fee must be paid upfront.
- Facilitation fee of 2% will be deducted from the loan.
- One should not be a defaulter to any other granted loan.
How to Apply
To apply for instant loan, you need to fill the Instant loan application form. Attach required documents (depending on the project or investment at hand).
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