Emergency Loan


MACO Bank offers Emergency loans to member.

Loan amount eligible :

  • Maximum of Rs 2,00,000 )

Guarantors

1) 2 Members for personal guarantors

Repayment Period :

  • Not more than 24 EMI's

Share Linkage :

  • 5% of the loan amount.

Special Features :

  • Interest calculated on daily reducing balance.
  • No prepayment/commitment charge levied