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SUPER FLEXI LOAN

Super Flexi Loan

 

  1. Purpose of loan
  • long-term credit facility meant for big investments like large scale farming, purchase of capital assets – land and plots, building homes, business vehicles, tractors and other related investments.

 

  1. Maximum Amount
  • Deposits multiplied by 4
  • Maximum 12,000,000

 

  1. Maximum period
  • 84 Months

 

  1. Loan Security
  • At least seven guarantors whose deposits adequately cover the loan applied or acceptable collateral.

 

  1. Other Conditions
  • Loan deduction through member salary.
  • 10% Interest on loan Top up.
  • Loan approved once a month.
  • 0.75% Insurance fee.
  1. Interest rate

 

  • 1.21% per Month (14.5% P.A) Amortized.