The Rate of Interest on a Reducing Balance basis is 26% for all loans.

For Fortnightly Repayment Products, the loan is to be repaid in 36 Fortnightly Installments:

• Rs 11000 - Rs 370 x 35 + Rs 170 x 1
• Rs 15000 - Rs 500 x 35 + Rs 425 x 1

For Monthly Repayment Products, the loan is to be repaid in 18 Monthly Installments:

• Rs 11000 - Rs   750 x 17 + Rs  630 x 1
• Rs 12500 - Rs   850 x 17 + Rs  765 x 1
• Rs 15000 - Rs 1000 x 17 + Rs 1330 x 1

1% of the Loan Amount

Premium of Rs 175 for Insurance Cover of Rs 15000 each to Member and Guarantor for 18 Months