
CREDIT SERVICES / LOANS.
- Through savings members can get various loan products i.e Normal loan, Emergency loan and asset financing loan.
- Loan amount is based on ability to pay and on deposits held with society.
- Repayment period currently is up to 72 months.
- Loan amount is up to 4 times member’s deposit.
- Interest charged is very low at 1% p.m on reducing balance and flat rate.
- Security is members deposit and chattels.