The loan is advance to members to sort out short term projects or emergencies
Features of Shortcall Loan
- Maximum amount should not exceed (3) times members total deposits.
- Maximum amount is 250,000/=
- Maximum repayment period is 6 months.
- The loan must be fully guaranteed by guarantors.
- The member must proof repayment capability.
- Interest rates is 2.25% per month.