Commercial Asset Financing

Eligibility for Loan

1. One has to be a member of Sahyog

2. Has running deposit account from at-least 3 months.

3. Able to produce surety/security depending on loan amount

4. Applicable surety/security guarantee of 2 members/2 post-dated cheque/valuables (Gold)

Commercial Asset Financing:

1. For the purchase of commercial asset such as; deep freezer, 100 CC motorcycles for ferry or delivery boy, AC, Computer, rickshaw etc.

2. Minimum finance value 20,000/- and maximum finance value 200,000/-

3. One time profit is charged over commodity purchased.

4. Minimum tenure 6 months and maximum tenure 2 years.

5. Repayment daily/monthly depending on the nature of income.

6. EMI collection is available at door-step

7. Loan passbook and SMS for every repayment

SAHYOG
Urban Thrift & Credit Co-Operative Society