Super Loan
Super loan is meant for development purpose.
- Maximum loan is 3X deposits.
- Repayment period is 60 months
- 12% Interest per annum.
- Member must contribute 6 months before they are eligible.
- Security is own deposits or guarantors.
Requirements:
- Minimum six months consistent contributions.
- Duly filled loan form.
- Two original current pay slips.
- Mode of payment check-off or standing order (Salaried).