How long does it take to access loans?

Category: Loans

A member is only eligible to access regular long-term loan facility of the Society upon the attainment of 24 months continuous contribution account with the Society. For short-term loan, an arrangement can be made upon the successful consideration of members’ short-term loan request, subject to his duration of membership and contribution balance. Turnaround time for treatment of application is contingent upon applicant’s financial position with the society in line with the forgoing and availability of fund. Typically, value is availed to the applicant within one week of application.

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