Corporate Office

1st floor, Nandwana Mansion,
Lohamandi Corner,
Sansar chandra Road,
Jaipur
Pin Code:- 302001

info@padmavaticooperative.com

Phone :
          
0141-2375136
0141-2365136



DAILY LOAN SCHEME (D.L.S.)

1. The loan period will be for three or six months

2. The loan amount will be maximum of Rs. 50,000/-

3. A person having daily income will be admissible for D.L.S.

4. The borrower must be a member of PCCS Ltd

5. The loan will be paid back by daily installments


DETAILS OF INSTALLMENTS

 

PERIOD OF THREE MONTHS

PERIOD OF SIX MONTHS

LOAN AMOUNT

DAILY INSTALLMENT WITH INTEREST

LOAN AMOUNT

DAILY INSTALLMENT WITH INTEREST

10000

120

10000

65

20000

240

20000

130

30000

360

30000

195

40000

480

40000

260

50000

600

50000

325

  • After opening of daily loan account if the borrower discontinues daily deposit account, 6% of DDS account will be deducted
  • Under Daily Loan Scheme, Sundays and pre declared holidays will be considered holidays and the borrower can pay holiday installment without penalty
  • In case the borrower doesn’t pay daily installment, a penalty of 10% has to be paid along with next day’s installment
  • On nonpayment of loan amount including interest and penalty interest by due date, an additional interest @ 6% of loan amount will be charged as penalty on daily basis.
  • The borrower will insured and the premium will be borne by borrower