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AL HABIB ISLAMIA MULTISTATE CO-OPERATIVE SOC LTD

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AL HABIB ISLAMIA MULTISTATE CO-OPERATIVE SOC LTD

Al Habib Islamia Multistate Co-Operative Society Ltd  0% Interest   Group Loan is designed to extend loan facilities to women, with the objective of helping them meet their financial needs.

 

FEATURES

ATTRIBUTES

Loan Amount

  • Minimum amount is INR 25,000
  • Maximum amount is INR 50,000

Age of Applicant

  • Between 18 to 55 years

Loan Tenure

  • Maximum 48 Weeks

Security

  • Group guarantee

Processing Fee

  • 1750/-

Interest Rates

  • 0 % p.a.

Eligibility Criteria

Applicants must meet the following requirements to be eligible for the loan:

  • Should fulfil KYC documents requirements
  • Age should be between 18 to 55 years
  • Should not have an adverse credit record
  • Should meet the acceptable credit norms according to Al Habib Islamia Multistate Co-Operative Society Ltd.
  • Should be part of a group of customers who are willing to guarantee each other for the repayment of loan