On what terms did Savita get a loan from Tejpal Singh? Would Savita's condition would be different if she could get a loan from the bank at a low rate of interest?

Savita got a loan from Tejpal Singh on the following terms:

1. Rate of interest is 24% on the loan for four months.

2. She will have to work as a farm labourer during the harvest season at Rs. 35 per day in Tejpal Singh’s field.

Yes, if she applies for the loan from bank then her condition may differ, she could get loan from the bank at a low rate of interest and no other conditions like extra labor on low wages. This could help in improving her financial condition.