Member loans
Practical credit with clear terms.
Gold loans, mortgage-backed loans, business loans, and group (JLG) loans tailored for members with straightforward documentation and transparent repayment schedules.
Quick snapshot
- Gold: ₹10,000–₹10,00,000; 1–2 years; margin 25%
- Mortgage: ₹1,00,000–₹20,00,000 up to 60% property value
- Business: ₹50,000–₹2,00,000; 12–24 EMIs
- Group (JLG): ₹20,000 and above; weekly/monthly EMIs
Pre-closure after 6 months with 2% fee (where applicable). Income proof and membership required.
Loan products
Explore each loan with full terms.
Each loan type has a dedicated page with eligibility, limits, and conditions as per MAHA loan information.
Gold Loan
Loan against pledge of gold ornaments / coins with daily-balance interest method.
View details
Business Loan
Working capital / equipment support for eligible self-employed members.
View eligibility
Group Loans (JLG)
Group lending for members with mutual guarantee and weekly/monthly EMI options.
View detailsGold Loan
Fast funds against gold ornaments.
Eligibility & limits
- Loan: ₹10,000 to ₹10,00,000
- Tenor: 1–2 years; margin 25% on appraised value
- Gold ≥ 16 carat accepted; appraiser charges borne by member
Repayment & rate
- Interest on daily balance; monthly rests
- Early closure after 6 months with 2% fee
- Bring ID/address proof and membership details
Mortgage Loan
Leverage property for business or personal needs.
Eligibility & limits
- ₹1,00,000 to ₹20,00,000; up to 60% of market value
- Residential/commercial property (urban/semi-urban); registered mortgage
- Income proof required; personal guarantors who are members
Repayment
- EMI: 12–72 months (monthly/quarterly)
- Pre-closure after 6 months with 2% fee
- Property subject to legal scrutiny for title and marketability
Business Loan
Working capital for shops and small units.
Eligibility & limits
- Self-employed, small proprietors, professionals, petty traders
- Turnover ≥ ₹1,00,000/year; age 18–65
- Loan amount: ₹50,000 to ₹2,00,000
Repayment
- Equal monthly installments: 12–24 months
- Pre-closure after 6 months with 2% fee
- Security: Third-party guarantee (family/reputable members)
Group Loans (JLG)
Joint liability groups for shared progress.
Eligibility & limits
- Groups of 2–10 members; age 18–60
- Loan: ₹20,000 and above
- Mutual guarantee within the group
Repayment
- Weekly or monthly EMIs; tenor 1–2 years
- Pre-closure after 6 months with 2% fee
- Encourages credit discipline and peer support
Documents
Keep these handy when you apply.
Identity & address
Aadhar, PAN, voter ID, or accepted ID + address proof.
Income proof
Bank statements, salary slips, GST/sales records, or IT returns (as applicable).
Collateral docs
Property documents (for mortgage), gold appraisal (for gold loans).
Guarantor details
For business loans, provide guarantor KYC and income proof.