/
Group Loan
Sri Raksh Group Loans

With Sri Raksh Group Loans, it is now possible to strengthen the relationship you share with your employees & make their dreams possible.

Who can Borrow

Individuals earning salary in reputed organization

Purpose

Any personal use

Max. Limit

Rs.5 lacs

Security

Company’s undertaking

Guarantors

Two guarantors (Cross Guarantee within a group of three)

Repayment

48 months

Processing Charges

Minimum

Attractive Features

Competitive Rate on daily reducing. No Prepayment penalty

Documentation Charges

As applicable

Prerequisites

Minimum service of 3 years & Maximum completed age at the time of application should not exceed 51 years. Company’s undertaking for direct deduction of EMI from the salary. Total deduction not to exceed 60%. KYC Norms Compliance

Foreclosure charges & Charges for late payment of EMI

2% per month on EMI/Principal overdue subject to minimum amount Of Rs.200/-

About Us

Sri Raksh Souharda Credit Co-operative Limited

At Sri Raksh, we put our customers first. And the confidence that our customers have in us drives us to excel and to redefine boundaries. For us, customer centricity is not just a buzzword. We strive to embody elements of what relationships are about:- Being there for the long haul, through good times and bad Recognising that relationships have swings and roundabouts

Our location

#7, First Floor, Chandra Layout Main Road Income Tax Layout Binny Mills Employees Colony Vijayanagar Bangalore-560 040

Phone Number

(080) -23441011