Loan - Karamjyot Bachat Nidhi Limited

Gold Loan-

Rate of Interest 18 % Per Annum (Rs.1.50 paise for Rs.100/-).

Daily Loan-

1. The loan period will be for three or Six Months.
2. The loan amount will be maximum of Rs. 20,000/-
3. A person having daily income will be admissible of DLS.
4. The borrower must have saving account with Karamjyot Bachat Nidhi Limited.
5. The Loan will be paid back by Daily Instalments.
6. File Charge will be Charged 4% of Loan Amount.

Details of instalments period of three or Six Months

Loan Amount Three Months Daily Instalment Loan Amount Six Months Daily Instalment
10,000 130 10,000 70
20,000 260 20,000 140

Personal Loan-

1. The loan period will be for One or Two Years.
2. The loan amount will be maximum of Rs. 30,000/-
3. A person having daily income will be admissible of DLS.
4. The borrower must have saving account with Karamjyot Bachat Nidhi Limited.
5. The Loan will be paid back by Monthly Instalments.
6. File Charge will be Charged 4% of Loan Amount.

Details of instalments period of One or Two Years

Loan Amount One Year Monthly Instalment Loan Amount Two Years Monthly Instalment
10,000 1000 10,000 585
20,000 2000 20,000 1170