Loan Scheme
DNES Employees Co-operative Thrift & Credit Society Ltd Loan Scheme! We understand the financial needs of our members and strive to provide flexible and affordable loan solutions tailored to your requirements.
(I) Ordinary / General Loan:-
1. The loan amount up to maximum of Rs. 1,00,000/- or ten times of share money whichever is less.
2. The rate of interest on loan @ 10 % per annum.
3. The installment monthly payable and non-payment of installment on due date penal interest @ 3% P.A. per monthly installment.
4. The loan period not more than 50 months.
5. Two guarantors/sureties and two witness are required for Loan.
6. Eligible for loan only after one month of membership.
7. Share capital must be 10 % of loan.
(II) Emergency Loan:-
The loan amount up to maximum of Rs. 20,000/- within the limit of Rs. 1,00,000/-.
Documents required for Loan
To facilitate a smooth and efficient loan application process at DNES Employees Co-operative Thrift & Credit Society Ltd, members are required to submit the following documents:
Loan application form duly filled & signed.
Share money 10% of loan amount.
Post dated cheques
Pan card, Adhaar card, Office I.Card.
Latest Income Proof:- Payslip/ salary certificate/I.T.R/Form16.
Latest Bank Statement.