Saving & Credit Co-Operative Ltd.


All of us have a dream to be successful in our life by doing something which is very economical & profitable for that we need proper fund from a secure place by respecting these ideas we have been providing loans to our customers for a fixed period of time at a variable or fixed rate of interest with repayment calculated at the outset on the basis of monthly installments.

Types of Loans

1. Hire Purchase Loan

2. Sushama as Micro Credit

3. House Loan

4. Business Loan

5. Education Loan

6. Personal Loan

7. Mortgage Loan

8. Short Term Loan

9. Agriculture Loan

10. Loan Against Fixed Deposit

11. Overdraft Loan(Conditional  only)

12. Loan against Period (FD)+2% (All Diminishing Rate of Interest)

13. Microfinance Loan

14. Youth Self Employment Loan

Loan Scheme with Interest Rate:

In this method the repayment is deduced every month from the loan and the interest is charged only on the balance principle.

We offer different types of loan to help you in your business and some other investment to realize your dream. The interest rates are highly competitive and we offer both types of short and long term loans as per your requirement. If the loaner pays their interest and installment in time, the office will waive One percent on their charged interest.  The rates of different types of loans are featured below:

Types of Loan Schemes

Interest Rates

Sushama Saving and Credit Loan Scheme(Microfinance Loan







Loan against periodic( FD)

+2.00 %

Hire Purchase


Educational Loan

18.00 %

Short-term  Business Loan


Industrial/Business Loan

18.00 %

Guarantee Loan

18.00 %

Loan against Share issued with conditions only

14.00 %

Agricultural Loan

(Business Scheme with legal Document)

16.00 %

Flat Interest  will be charged on at all Loan Schemes