Available Loan Schemes

Small Loan

Quick access to funds for minor expenses with minimal processing time.

  • Fast Approval
  • Flexible Repayment
  • Competitive Rates

Medium Loan

Ideal for significant purchases, home improvements, or medical emergencies.

  • Higher Limit
  • Extended Tenure
  • Low Interest

Large Loan

Designed for major investments, vehicle purchases, or substantial asset acquisition.

  • Maximum Funding
  • Long-term Repayment
  • Dedicated Support

Education Loan

Invest in your future or your children's education with our specialized scheme.

  • Grace Periods Available
  • Direct Institution Payments
  • Low Rates

Emergency Loan

Immediate financial relief for unforeseen circumstances.

  • 24-Hour Disbursement
  • Minimal Documentation
  • Easy Access

Loan Application Process

Step 1: Application Submission

  • Member fills out loan application form
  • Submit to Loans Officer at front counter
  • Provincial members submit via fax

Step 2: Eligibility Check

  • Loans Officer verifies eligibility
  • 70% recovery rule applied
  • Application filed and sent to Credit Committee

Step 3: Approval Process

  • Credit Committee reviews applications
  • Ensure compliance with lending policy
  • Approved applications signed by 3 members
  • Rejected applications returned

Step 4: Payment Processing

  • Accountant verifies documents
  • Payment via check or bank transfer
  • Records updated in system

Step 5: Reconciliation & Reporting

  • Monthly reconciliation of accounts
  • Loan & share balance verification
  • Reports submitted to management and board