Services

Special loan scheme provided to perform different activities of Kudumsree Units. The loan amount will be sanctioned under the surety of the concerned authority.

Eligibility

• ‘A’ or ‘D’ Class Membership in Areekode Service Co-operative Bank
• Security - surety from the concerned authority 

Documents Required

1. Loan Application
2. Resolution From NHg’s
3. ID Proof of Loanees
4. Agreement
5. 2 Copy of Passport Size Photo (Loanee)

The bank will sanction a maximum of ₹ 10,00,000 at a 9.00% p.a (monthly remittance) interest rate. The repayment period is 52 weeks.