Personal Loan

Personal Loan

This is a clean loan given to employees Private, Public and Government sectors in order to fulfil their commitments against security of two respectable sureties.

Rate of Interest: 16% (Reducing Interest)

Maximum sanction limit is Rs.1,00,000/-

Documents required for Personal Loan :-

  •   passport size photo.
  •  Identity Proof :–
    1. Salary bank account statement .
    2. Id card or Employee card.
    3. 2Surety – (SB a/c with Mahalakshmi Co-Operative Bank)
    4. Latest 2 months Salary Slip.
    5. LIC Assignment (Statement of Surrender value)
  •  Driving License
  •  Voter ID
  •  Ration Card

– Membership is necessary for the borrower and sureties to avail this loan