Demand Loan

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)

Demand Loan:

1. For consumption purposes such as; education, healthcare, repair & maintenance, small household purchases etc.

2. Minimum amount of loan 20,000/- and maximum amount of loan 100,000/-

3. Minimum tenure 6 months and maximum tenure 1 year.

4. Service charges applicable as per the actual cost.

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