Fair Credit Facilities

Member Loans & Financial Support

All loans carry a flat, reducing monthly interest rate of 1.5% per month (18% p.a.), without hidden processing traps. Exclusively for verified society members with 2 member guarantors.

1.5% / mo Interest Rate On reducing balance, pay by 10th

₹4,00,000 Max Regular Loan Flexible tenure from 12 to 48 months

2 Guarantors Member Guaranty Existing non-defaulter members

90% FD Overdraft Borrow liquidity against your deposit

Loan Brochure & Documents ChecklistDocuments required, guarantor rules and the charges table for every loan amount.

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Family & Business Credit

Regular Loan

Life brings major milestones such as weddings, higher education, home renovation, or business working capital. Our Regular Loan provides up to ₹4,00,000 with tenures from 12 to 48 months, allowing you to repay comfortably without straining your monthly household budget.

Must be an active member of the society
Share Money and Compulsory Deposit (CD): 10% each of loan amount
Guarantors: 2 existing society members (non-defaulters)
Late payment penalty: 2% interest on due EMI for that month

Required KYC & Verification Documents

Photo ID Proof (Voter ID, Aadhaar Card, PAN Card)
Address Proof (Water or Electricity bill mandatory)
Two recent passport-size photographs
Income Proof (3 months' payslips, bank statements, ITR, or affidavit)
3 CTS blank signed account payee cheques
Rent agreement & landlord's utility bill if residing as a tenant

Priority Disbursal

Emergency Loan

Unanticipated expenses can suddenly impact your peace of mind. Our Emergency Loan delivers immediate financial relief from ₹2,500 to ₹40,000 with rapid document turnaround and simple 12-month repayment terms.

Fast-track processing for urgent domestic requirements
Share Money and Compulsory Deposit (CD): 10% each
Guarantors: 2 existing society members (non-defaulters)
Only 1 CTS blank signed account payee cheque required

Required Documents

Photo ID Proof (Aadhaar, Voter ID, PAN Card)
Address Proof (Water/Electricity bill)
Two recent passport-size photographs
Income Proof (Payslips / Bank Statement / ITR)
1 CTS signed account payee cheque

Healthcare Emergency

Medical Loan

Health emergencies shouldn't be accompanied by financial distress. Avail up to ₹40,000 for hospitalisations of 24 hours or more, covering yourself as well as direct blood relatives. Minimal documentation ensures you can focus entirely on treatment and recovery.

Sanctioned for hospitalisation of 24 hours or more
Can be availed for direct blood relatives (parents, spouse, children)
Fast-track compassionate processing
Only 2 society guarantors required

Required Documents

Hospital medical report/admission certificate by recognised doctor
Photo ID Proof (Aadhaar Card, PAN Card, Voter ID)
Two recent passport-size photographs
Two blank signed CTS account payee cheques
Income proof (ITR / Salary slip / Bank Statement)

Home Comfort

Household Appliances Loan

Upgrade your living standards without paying large amounts upfront. Purchase an air conditioner, television, refrigerator, washing machine, laptop or smartphone against original GST retail bill with transparent 12-month instalments.

Financed against original GST retail bill of the product
Share Money and Compulsory Deposit (CD): 10% each
Tenure up to 12 months with easy monthly EMIs
Guarantors: 2 existing society members (non-defaulters)

Required Documents

Original GST tax invoice of the electronic product / appliance
Photo ID Proof (Aadhaar, Voter ID, PAN Card)
Address Proof (Water/Electricity bill)
Two recent passport-size photographs
1 blank signed CTS account payee cheque
Income proof (ITR / Salary slip / Bank Statement)

Mobility & Commute

Two-Wheeler Loan

Own your dream bike or scooter for convenient daily commute. Avail up to ₹40,000 with budget-friendly step-up EMIs repayable over tenures up to 48 months.

Lease agreement structure: vehicle is registered in the society's name until full loan repayment, then transferred 100% to member
Share Money and Compulsory Deposit (CD): 10% each
Guarantors: 2 existing society members
Tenure up to 48 months with step-up EMIs

Required Documents

Lease agreement of the two-wheeler
Official showroom quotation, RC copy, and valid Driver's License copy
Photo ID Proof & Address Proof (Water/Electricity bill)
Three latest passport-size photographs
Income proof (3 months' payslip, bank statement, or ITR)
Three blank signed CTS account payee cheques

Secured Overdraft

Loan Against FD / MIS

Need urgent cash but don't want to forfeit your accumulated compound interest by prematurely breaking your Fixed Deposit or MIS? Borrow up to 90% of your FD value or 75% of your MIS value at just 2% above your deposit interest rate, while your investment continues to earn!

Borrow up to 90% against FD value instantly
Borrow up to 75% against MIS value
Interest rate: Only 2% above your deposit interest rate
Zero impact on compound growth of your underlying deposit

Comparison Matrix

Compare Member Loan Products

Every loan is governed by transparent Bye-law terms, fair interest, and straightforward documentation.

Loan Type	Max Amount	Interest Rate	Repayment Tenure	Processing Fee	CTS Cheques
Regular Loan	Up to ₹4,00,000	1.5% / month (18% p.a.)	12 to 48 Months	3%	3 Cheques
Emergency Loan	₹2,500 – ₹40,000	1.5% / month	12 Months	3%	1 Cheque
Medical Loan	Up to ₹40,000	1.5% / month	Up to 12 Months	–	2 Cheques
Household Appliances	Up to ₹40,000	1.5% / month	Up to 12 Months	3%	1 Cheque
Two-Wheeler Loan	Up to ₹40,000	1.5% / month	Up to 48 Months	3%	3 Cheques
Loan Against FD/MIS	Up to 90% of deposit	+2% above deposit rate	Flexible	–	Deposit Lien

Need Financial Support?

Speak to a Loan Officer in Laxmi Nagar

We assist you step-by-step with guarantor forms, document verification, and fast loan approval.

Apply for Loan → Call 7844884646