Special Pigmy Loan - Samarth Credit Co-operative Society
Overview
At Samarth Credit Co-operative Society, we understand the unique needs of our members and strive to offer tailored financial solutions. Our Special Pigmy Loan is designed to support our loyal pigmy customers by providing financial assistance with ease and flexibility. This loan is available exclusively to our regular pigmy customers who are also members of the society.
Key Features:
- Eligibility:
- The loan is available to regular pigmy customers who are active members of Samarth Credit Co-operative Society.
- Loan will be granted at the discretion of the Board, based on the customer’s account history and repayment record.
- Loan Amount:
- The maximum loan amount available is Rs. 50,000/-.
- Security:
- The loan is offered against the security of one surety. The surety must be an eligible member of the society who agrees to guarantee the repayment.
- Repayment Terms:
- Repayment is daily, through the daily pigmy collection system.
- The loan must be repaid in full within a maximum period of 6 months.
- Daily collections will be made from your pigmy account, ensuring seamless and regular payments.
- Loan Disbursement:
- The loan amount will be disbursed once all formalities, including the agreement of the surety, are completed.
Why Choose Special Pigmy Loan?
- Easy Access: As a regular pigmy customer, you already have a trusted relationship with us. This loan offers easy access to funds when you need them the most.
- Flexible Repayment: With daily collections, repaying the loan is made simple and manageable.
- Quick Processing: Loans are processed quickly for eligible members, ensuring fast access to funds.
- No Collateral: Only a surety is required, making this an unsecured loan option for eligible customers.
How to Apply:
- Visit your nearest Samarth Credit Co-operative Society branch.
- Meet with our loan officer and provide your pigmy account details and the surety information.
- Complete the necessary documentation.
- Wait for the approval from the Board, and upon sanction, the loan amount will be disbursed.
Important Notes:
- Loan approval is subject to the discretion of the Board, based on your eligibility and repayment history.
- Ensure that your pigmy account is active and in good standing to qualify for this loan.
- The loan must be repaid within the stipulated 6-month period through daily collections. Failure to meet repayment may affect your membership status.
Contact Us:
For more details and to apply for the Special Pigmy Loan, visit your nearest branch of Samarth Credit Co-operative Society, or call our customer service at [Phone Number].
Empower your future with Samarth Credit Co-operative Society’s Special Pigmy Loan — a flexible, fast, and reliable financial solution for our valued members!