Mahila Group Loan
United Mahila Multistate Credit Co-Operative Society Group Loan is designed to extend loan facilities to women, with the objective of helping them meet their financial needs.
Key Benefits
FEATURES |
ATTRIBUTES |
Loan Amount |
Minimum amount is INR 10000
Minimum amount is INR 100000
|
Age of Applicant |
Between 18 to 58 years
|
Loan Tenure |
Maximum 24 months
|
Security |
Group guarantee
|
Processing Fee |
0 - 2% plus applicable GST
|
Interest Rates |
Enjoy highly competitive interest rates ranging from 22% - 26% p.a.
|
Eligibility Criteria
Applicants must meet the following requirements to be eligible for the loan:
Should fulfill KYC documents requirements
Age should be between 18 to 58 years
Should not have an adverse credit record
Should meet the acceptable credit norms according to United Mahila Multistate Credit Co-Operative Society
Should be part of a group of customers who are willing to guarantee each other for the repayment of loan
How to Apply
Visit the nearest branch United Mahila Multistate Credit Co-Operative Society and our Loan Executive will guide you on the application process.
Contact us and our Customer Care Executive will fix a doorstep service appointment with our Loan Executive to help you with the application process.
Required Documents
Primary ID: Aadhaar
Secondary ID: PAN card / Form 60
In case of non-availability of PAN card, customer needs to submit Form 60 along with the one of the following OVDs (Officially Valid Documents)
Passport
Voter ID card
Driving licence
NREGA (National Rural Employment Guarantee Act)
Letter issued by National Population Register containing details of name and address
Residence Proof:
Any of the valid KYC documents
Utility bill (not more than 60 days old)
Apply: Service Charges & Fees