SDB bank | Re –Lending Loans

Re –Lending Loans

RE –LENDING LOANS

A loan for co-operative societies to relend their society members.


FEATURES AND BENEFITS
  • Maximum Loan limit – Depend on total assets of the society.
  • Tenor – Up to 05 years

Eligibility criteria
  • SANASA societies, Multi-purpose Co-operative Societies, other co-operative societies and registered societies may apply for loan
  • Suitable collateral will be required to mitigate risk on a case by case basis
Required Documentation
  • List of sub borrowers
  • A duly filled loan application
  • Society Registration Certificate
  • Copy of the Memorandum and Articles of the Societies
  • Certified copy of the resolution of the Board of Directors
  • Society Declaration Form
  • Signature Card
E-Calendar 2025