Personal Surety of One Govt. Employee or Two Reputed Persons of that area having annual income 1.5 times the loan amount is
taken. The income of sureties is calculated separately. As regards it consider Sarpanch, Nambardar or any other Person against
who has not been convicted by any Court.
The personal surety should also not be defaulter of any Bank.
Collateral Security Above Rs. 1,00,000
Collateral Security is mandatory, the value of the immovable property should not be less than 1.5 times the loan amount.
In all the cases
Ten post dated cheques are obtained from beneficiaries
To avall any scheme or service,