The Lokmanya Multi-Purpose Co-operative Society has introduced a gold mortgage loan scheme for its members in Maharashtra, Goa and Karnataka. The scheme is now available in 16 more branches in the three states and Lokmanya members will be able to get gold mortgage loans at an interest rate of 11.99 % per annum. The scheme was launched by Sai Thakur-Bijlani, director of the society, at a function held at the office of the Lokmanya Society in Belgaum. On the occasion, Additional Deputy Commissioner (ADC general) Anita Darshi, ADC Development Rajinder Batra, Assistant Commissioner General Lal Vishwas Bains, Sub-Divisional Magistrate (SDM) Moga Gurwinder Singh Johal, District Welfare Officer Bikramjit Singh Purewal and District Education Officer (Secondary) Pardeep Sharma were present. Along with this, the scheme was also launched by the officials of the 16 branches who is offering this facility. Now, The scheme has been implemented in a total of 26 branches of Lokmanya Society. This scheme will be useful for those members who need immediate financial assistance. In this scheme, an assessment of Rs 53000 per ten grams will be given by Lokmanya and various options are available to repay the loan. Apart from this, account holders will be able to take advantage of the scheme at a nominal processing fee and loans will be provided to the citizens through four different schemes.
Lokmanya Society Offers Gold Loans at 26 Branches with 11.99% Interest Rate”
