Ordinary Loan
Ordinary loan scheme has been introduced exclusively for the police credit society members and the loan approval is based on loan prepayment capability of the applicant and the loan distribution decision would be on the discretion of the society directory board. Strictly adhere to sending in all applications in legal sized bond paper. Please make a note that without the above documents application will not be accepted.
Ordinary Loans Criteria
| Amount | No.of months | Interest | Surety |
| Upto 2,00,000 | 60 | 10.25% | |
| Up to 08 lakhs | 120 | 10.25% | Self Employment Certificate |
| Up to 15 lakhs | 120 | 10.25% | Self + One surety |
| Up to 20 lakhs | 120 | 10.25% | Self + Two surety |
| Up to 25 lakhs | 120 | 10.25% |
Self + 3 surety |
