Interest Rate

8 %

Loan to value

60 %

Maximum Loan Amount

30,000/-

Maximum Tenure

90 Days

Interest Slab

Period

Rate (Per Annum)

Minimum Interest
1-30 Days8 %7 Days Interest or Rs. 50/- which ever is higher.
31-60 Days15 % 
61-90 Days22 % 
  • In this scheme, customers are granted the privilege of obtaining only one loan concurrently.