The Pigmy Deposit Loan at Devbag Credit Souharda Co-Operative Ltd. is a specialized loan facility exclusively for Pigmy Deposit holders. If you have been maintaining a Pigmy account for at least 6 months, you can avail a loan of up to 90% of your deposit amount-perfect for meeting personal, business, or urgent financial needs.
Key Features
✅ Loan available only for Pigmy Deposit holders with a minimum of 6 months’ account history
✅ Loan amount up to 90% of the deposit balance
✅ Attractive interest rate of 10% per annum
✅ Quick processing with minimal documentation
✅ Flexible repayment options aligned with your Pigmy schedule
✅ Transparent terms with no hidden charges
Documents Required
Aadhaar Card (mandatory)
PAN Card (if applicable)
One passport-size photograph
Pigmy Deposit passbook / account details
Duly filled loan application form
Who Can Apply?
Small shopkeepers & vendors
Daily wage workers and delivery personnel
Housewives & senior citizens
Students maintaining Pigmy deposits
Anyone with an active Pigmy Deposit of 6 months or more
Loan Highlights
Loan Type: Pigmy Deposit Loan
Loan Amount: Up to 90% of Pigmy Deposit
Interest Rate:10% per annum
Tenure: As per repayment convenience and deposit schedule
Security: Pledge of Pigmy Deposit
Apply at Your Nearest Branch
Visit any of our branches in Devbag, Sadashivgad, or Karwar, and our staff will guide you through a quick and transparent application process, helping you access funds safely and efficiently against your Pigmy Deposit.