Micro Loan:

• ML is working capital loan to the micro enterprises.
• We provide this loan only to our Share Members.
• ML loan is provided up to 5,00,000/-
• Loan tenure is 18 to 36 Months
• The interest rate for the product is as per Souharda act*.
• Loan extended to over 190 categories of micro enterprises (more are added from time to time)

DOCUMENTS REQUIRED:

• We will take guaranty from any two of our members.
• Photograph - Latest Color Photograph
• Identity Proof of Applicant (Any One) - Voter ID Card / PAN Card / Passport / Driving License / Aaadhar Card
• Age Proof (Any One) - Voter ID Card with Date of Birth / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document with date of birth
• Signature Verification (Any One) - PAN Card / Driving License / Passport / Bank Signature Verification
• Ownership Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Possession Letter + Utility Bill / Power of Attorney + Utility Bill / Index copy + Utility Bill
• Bank Statement - Last 3 months bank statement.
• Postdated Cheques (2 Nos).