Short-Term Loans
STL
- Category: LOANS
- Interest: 0.5% per month
- Interest Type: FLAT
- Total Interest: 6% per annum
Detailed information of the product
The Short-Term Loans shall be provided within the limits of the savings of the applicant at the time of applying for the loan.
i. The loan interest rate shall be 5% per annum on reducing balance model.
ii. The loan amount shall not be more than the total savings balance.