| Who can Borrow | Individual |
|---|---|
| Purpose | House Repair |
| Max .Finance available | Up to Rs.1.00 Lakh for members (House Repair & Renovation) |
| Security | One person Surety (must be our Bank Member) |
| Repayment duration | 60 Months |
| Processing Charges | As Applicable |
| Documentation Charges | As applicable |
| Share Linking | 5% On Loan Amount + Share Fees Rs.10/- per Share |
| Prerequisites | 1. Estimation for Repair & Renovation 2. Individuals employed/engaged in business/having professional income and sound financial of the applicant and Surety. 3. Confirmed employee in case of salaried person 4. COMPLIANCE OF KYC NORMS. (Both Parties) 5. Statement of Salary Credited Bank account for the last Six months. 6. Salary certificate or salary slip for consecutive three months. |
| Required Document | 1) Latest three months pay slip or salary certificate 2) Address Proof, ID proof 3) Office id 4) Bank membership 5) Passport Size Photo 6) 6 months Bank statement 7) Other Documents if any. |