The Loan Relief fund is created and credited by debiting 1% of gross loan amount on every fresh loan and 1% of net amount on every subsequent loan issued to the share holder.
S.NO. | CRITERIA | BENEFIT EXTENDED |
1 | Natural Death of shareholder | Loans are adjusted from Loan relief fund excluding vehicle loan and festival loan |
2 | Normal Settlement | 50% of the amount contributed by shareholder would be refunded from the Fund to the Shareholder. |