Loans should be available to all people at reasonable rates, so that people can easily take loans in any difficult situation. The loan helps the farmers to grow their crops. It helps the entrepreneurs to set up business units, complete the production on time and meet the working expenses of the production. This increases their income. Loans play a very important role in the development of the country.

Due to getting the loan at a higher rate of interest, most of the borrower's income is spent in the interest payment of the loan. The borrower has very little income left for himself. Sometimes due to very high interest rates, the borrower remains burdened with debt throughout his life and lags behind in development.