Loan · ऋण
Business / Enterprise Loan
Business enterprise loan are an important service provide by our cooperative. They help members start new business, expand existing enterprises, create employment, and improve their standard of living.
Interest
from 10%
per annum
Finance to start, run or grow your enterprise. Business & enterprise loans help members launch new businesses, expand existing ones, create employment and raise their standard of living — for working capital, equipment, stock or expansion, repaid in comfortable monthly instalments.
Who can apply
- An active member with a share / savings account
- A running business, or a viable plan to start one
- Demonstrated repayment capacity
- Acceptable collateral or guarantor
Required documents
- Completed loan application form
- Active membership & share / savings account
- Citizenship certificate copy — applicant (and spouse, if applicable)
- 2 passport-size photos
- Guarantor(s): citizenship copy + photo
- Business / firm registration (PAN or VAT) and latest renewal
- Brief business plan or cash-flow and recent bank statements
- Tax clearance certificate
- Collateral: land ownership certificate (Lalpurja), Naksa, Malpot tax receipt, Char Killa
Final document requirements and terms are confirmed by the cooperative office and subject to Loan Sub-committee / Board approval.
Apply / Enquire
Interested in the Business / Enterprise Loan?
Send us a message and an officer will get back to you.