Business Loan

Business loan

This loan facility is given to members who want to build up on their investments/business.

Features:

  1. The loan shall be within 10 times deposits non withdraw able deposits.
  2. The loan is repaid in a period of up to 12months
  3. Interest rate shall be as approved by the Board of Advisors
  4. A pledge over the shares shall be taken as security for loans not covered by the guarantors.

All business loans shall be approved by the credit committee.