sukrapath overdraft loan (sahuliyat loan)

Loans

Sahuliyat Loan

" Sahuliyat Loan " is especially desgine for easy, safe and fast approvial proceed loan for our member. In other word sahuliyat loan is OD LOAN (OVERDRAFET) .

Overdraft is a financial instrument in which the money can still be withdrawn from the current or savings account, even if the account balance goes below zero. It is a type of extension of monetary limit offered by Co-operative and that money is said to be ‘overdrawn’. An authorized overdraft limit is assigned for each customer depending on their relationship with the Co-operative. The customer can withdraw money up till the assigned limit.Co-operative do charge interest rate on the money withdrawn in form of overdraft.

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Features/Benefits

Customers are required to pay interest only on the utilised amount with the freedom to repay the amount anytime without pre-closure charges.
Competitive premium rate.
Fast approval process.
We provide only 14.75% of interest rate
Minimal paper work
flexible end use