Daily Loan Scheme

Daily Loan Scheme

Members can get advances under the daily loan repayment scheme. This scheme is to encourage the members to start income generation ventures and repay the loan on daily basis.For Daily Loans, the loan rate of interest will be a standard rate of interest. Details are given below:

• The loan period will be for three or six months.
• The loan amount will be maximum of Rs. 100,000/-
• A person having daily income will be admissible for D.L.S.
• The borrower must have saving account with Rivo Nidhi.
• The loan will be paid back by daily installments