About Susu Loan

To make your Susu loan journey a smooth sail, in this article we will help you to know eligibility criteria, rates of interest, process and necessary documents.

Susu loan refers to a form of lending that is facilitated through a community-based savings and credit association.

Members of a Susu group contribute a fixed amount of money regularly, often on a daily or weekly basis. These contributions form a collective savings pool.

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Features of Susu Loan

All loans are not created equal, Susu loan has become a great option for people to use.

Loan for Regular Contributors

Members of a Susu group contribute fixed amounts of money regularly, often on a daily or weekly basis. These contributions form a pool of savings from which loans are disbursed.

Loan For Small-Scale Activities

The loans may be used for various purposes, including covering household expenses, funding small businesses, or handling emergencies.

Quick Disbursement of Loans.

This loans are given to individuals within the shortest possible time. Since the system operates within a close-knit community, the decision-making process and access to funds can be faster than in Other financial institutions.

Susu Loan - Eligibility

Any salaried, self-employed or professional Public and Private worker that has a susu account an makes contributions regularly.

Age

Minimum age of applicant at loan maturity: 18 years

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: Rs 15,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

Can I pay off my loan early?

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Do you offering refinancing ?

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When should i apply?

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Where are you located?

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Now apply for a Car Loan online, All you need to do is provide your details below application form.

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Loan Amount

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Susu Loan