In this modern era of digitization, technology has become an irreplaceable requirement across industries, businesses and in day-to-day life. Our Tech loan empowers members of cooperatives with the opportunity to invest in computers, laptops and other equipment, to join in the global digital revolution and not be left behind.

FEATURES AND BENEFITS
  • Repayment period of 3 years in monthly installments at prevailing interest rates
  • Loan amount depends on the capacity of the society, and can go up to Rs. 20 million with no collateral
Eligibility
  • SANASA Societies, Multi-Purpose Cooperative Societies, other cooperatives and registered societies may apply for this loan
  • Suitable collateral will be required to mitigate risk on a case by case basis
Required Documentation
  • A duly filled loan application
  • Society Mandate
  • Society Registration Certificate
  • Copy of the Memorandum and Articles of the Society
  • Certified copy of the resolution of the Board of Directors
  • Society Declaration Form
  • Signature Card
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