The provident loan program serves to bridge the income gaps that individual members may face, by offering them various loan products at competitive rates vis-à-vis informal lenders and conventional financial institutions.
|Credit/Loan Rates||Term||Rate per month||Service Fee|
|Multi - purpose Loan||Maximum 12 months||1.50%||1%|
|Special Loan||Maximum 2 months||0%||1%|
|Educational Loan||Maximum 6 months||1.25%||1%|
|Special Purpose Loans||Maximum 3 years||2.0% to 2.5%||1%|