" We, Sree Narayana Guru Co-op T&C Society do not have any branches in any of the states except Delhi & NCR. We came to know that somebody is offering loans in other states especially in Kerala under the name of Sree Narayana Finance and spreading our communication details. If any body falls under their trap, it is their own risk and responsibility. We are nothing to do or liable for any consequences. For any further clarification, contact us. VK Balan Secretary "
" A simple fact that is hard to learn is that the time to save money is when you have some.”

need a loan ?

Loan Facility Available From The Society To The Members-

  • Regular Loans – Interest @ 13% per annum
  • Consumer Loans – Interest @ 16% per annum
  • Gold Loans – Interest @ 12% per annum ( All rates are reducing balance)
  • Present Outstanding amount of the loans is around 37 crores.

Necessary Procedures & Eligibility of Loan :

  • Only those members who are completed 6 months are eligible for the loan.
  • Loan will be available only till 65 years, loan upto 3 lakh will be available, which will be repaid till the age of 70 years. this means that the loan has to repaid in only 5 years.
  • for availing insurance no restriction of age limit. 
  • Obtain the Loan application form from the office. The cost of the form is Rs.25/-.
  • Submit the Loan form duly complete in all respect to the office
  • Applicants are required to provide two guarantors of our members for a loan of Rs.50,000/- and four guarantors for more than Rs.50,000/-. Members less than 6 months seniority cannot stand for guarantee.Not more than one relatives and lady members should stand for surety/guarantor. Defaulted members surety/guarantee will not be accepted.
  • To avail the enhanced limit of the loan Salary class members should produce the Form 16A & ITR for the last 2 years and copy of the bank pass book or statement for the last 6 months. For the business class people they should produce the IT Returns of the Individuals as well as of their business organization and a copy of the bank pass book or statement for the last 6 months.
  • The applicants are also required to submit a bond from duly filled with all required information and two blank cheques for security in favour of the society.
  • A member who is in service should attach his salary certificate together with three months bank statement which is presently operational.
  • Self employed or House wife member should provide six month bank statement and a letter of guarantee signed by an earning member of the family /friend /relative along with their income proof.
  • The member and all sureties /guarantors are required to fill all the necessary particulars of the loan application and other documents.
  • Loan eligibility and amount approval by management committee will be final.

300+

days service

20+

Daily Customers

20+

hours support Session

5000+

Happy Customers

Regular Loan more Gold Loan