Personal Loan
Quick, unsecured finance for life's big moments and sudden needs.
A Personal Loan covers weddings, travel, medical bills, home repairs, or any other personal requirement. No collateral needed — approval rests on your repayment capacity and standing with the cooperative.
Because you are a member-owner, our rates stay well below market personal-loan rates and there are no processing charges for most amounts.
Interest rates
| Balance slab | Interest rate | Note |
|---|---|---|
| Up to Rs. 5,00,000 | 9.50% p.a. | |
| Rs. 5,00,001 – Rs. 10,00,000 | 9.00% p.a. |
Loan period
- Tenure
- Up to 5 years
- Repayment
- Monthly EMIs
- Prepayment
- Allowed after 12 months, no charge
Required documents
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Proof of identity Aadhaar, PAN, or Voter ID
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Proof of address Latest utility bill or rent agreement
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Income proof Salary slips (3) or ITR (2 years)
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Passport-size photographs Two recent
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Existing member Proof of membership / share certificate
Eligibility
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Member of the society for 6+ months
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Age 21 – 60 years
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Stable income: salaried or 2 years self-employed
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No overdue dues with the society
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Minimum shareholding maintained