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Call: 07242 - 410843

Email: nishantho2013@gmail.com

Address: M. G. Raod, Akola, Pin - 444001

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Small Business Loan

Nishant Multi State Co-Operative Credit Society

1Aspects:

Hassle-free Loan Processing.
Free to use the funds for any purpose.
Maximum loan limit is up to Rs.2 Lacs.
Maximum loan tenure of three years is allotted .
No need to provide collateral against the loan.
No margin amount.

2ROI & Handling Charges:

Rate of Interest will be 13 % per annum.
No Handling Charges & Service Charges.
Processing Fees as per Societies rule.

3Eligibility:

Salaried Individual, having a regular monthly income of Rs.10,000+.
Businessmen.
Self – Employed.
Professionals having regular source of income.
Age Between: 18 to 55 years.

4Documentation & Security:

In case of new customer, applicant & guarantors need to open savings / current account.
Income Proof of Applicant & Guarantors.
Residential Proof of Applicant & Guarantors.
PAN Card of Applicant & Guarantors.
KYC of Applicant & Guarantors.
3 years of ITR.
Property documents.
Employer (salary slip of 3 months) and income verification.
Two Acceptable Guarantors.
No Prime Security

5Share Holdings:

Applicant should be regular member of the society.
Two guarantors are necessary.

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