NOTICE

When the clients take out the loan for big livestock, they have to pay 5% premium of loan in order to secure the loanee from the death of their livestock. If the animal died within the loan period, the clients will get 75% of loan amount instead of loss.

In the time of taking the loan from the bank, compulsorily the program members should pay 1% of loan amount on loanee security fund. This fund operation compensates in the death of loanee, which provides 100% of loan amount or in the case of guardian’s death, the loanee will get Rs. 1,500/- as compensation.