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School fees Loan
School fees Loan
The total loan amount that a member can apply for is 3 to 4 times of their savings.
Applicants should have made deposits for a minimum of 3 months.
The total loan amount that a member can apply for is 3 to 4 times of their savings.
The interest rate is 0.8% per month on a fixed balance.
The applicant has to submit the requisite school’s fee structure.
The loan is repayable within 12 months.
A banker’s cheque in the name of the beneficiary institution shall be issued.
