Any member can apply for a loan under any of the 3 categories of the loan i.e. Unsecured, Secured & Special Loan. Loan application is required to be made in a specific format available at free of cost to the members from the office of the Society during the working hours.
| Srl.No. | Loan Category | Maximum Loan (in Rs.) | Conditions |
| 1. | Unsecured | 3,00,000 |
|
| 2. | Secured | No Limit |
|
| 3. | Special | 50,00,000 |
|
In case of unsecured loan, pattern of sureties required for the purpose of approval is:
| Borrowed Sum (in Rs.) |
No. of Sureties from regular member |
|
| From | Upto | |
| 1 | 40,000 | 1 |
| 40,001 | 80,000 | 2 |
| 80,001 | 150,000 | 3 |
| 150,001 | - | 4 |
Emergency Loan:-However, in case of emergent conditions, CEO of the Society is empowered to lend a sum lower of Rs. 20,000/- or share money deposited by member. Conditions (Other than upfront deductions) for the Emergency loan will remain same as Unsecured Loan.
Rate of Interest Loan:
(i) On ordinary Loan & Emergency Loan: - 14.40% p.a.
(ii) On Mortgage Loan: - 14.40% p.a.
(iii) On Secured Loan against deposits: - 01% p.a. extra of deposit rate.