Group Loan

The product is designed to meet needs of individuals who have come together as one body.

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Groups of people from the same societies, associations or organization such as cooperative societies, schools, staff of educational institutions, regulatory bodies and other professional associations.

The following documents are required along with your Group Loan application:

  • Post-dated cheques for loan repayment
  • Guarantee from organisers, executives or company management as the case may be.
  • Insurance

6 months, but employed staff of organised companies may take up to 12 months.

3 months (with roll over option)