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State of West Bengal - Section

Section 84 in West Bengal Co-operative Societies Rules, 2011

84. Application for Loan.

— (1) An application for loan shall be in such form as may be required by the Board and shall state the purpose for which the loan is required.
(2)A member of a primary society applying for loan shall furnish a full statement of his—
(i)property and debts;
(ii)a scheme in case of medium term or long term loan;
(iii)annual expenditure including instalment of principal incurred and proposed to be incurred; and
(iv)surplus available for repayment of the loan applied for.