Loan...
 
Mid Term Loan
  Members can apply for the Medium Term Loan as per the eligibility mentioned in the table given below
  Loan Amount revised from 1 July 2022
   
 
GROSS SALARY LOAN LIMIT BOND FRANKING SERVICE CHARGE
UPTO ` 20,000/-  `  5,00,000/- 100 200
` 20,001/-  To  ` 25,000/- ` 6,00,000/- 200 200
` 25,001/-  To  ` 30,000/- ` 7,50,000/- 200 200
` 30,001/-  To  ` 35,000/- ` 9,00,000/- 200 200
` 35,001/-  To  ` 40,000/- ` 10,50,000/- 300 200
` 40,001/-  To  ` 45,000/- `  12,00,000/- 300 200
` 45,001/-  To  ` 50,000/- `  13,50,000/- 300 200
` 50,001/-  To  ` 55,000/- `  15,00,000/- 300 500
` 55,001/-  To  ` 60,000/- `  16,50,000/- 300 500
` 60,001/-  To  ` 70,000/- `  18,00,000/- 300 500
` 70,001/-  To  ` 80,000/- `  21,00,000/- 300 500
` 80,001/-  To  ` 90,000/- `  24,00,000/- 300 500
` 90,001/-  To  ` 1,00,000/- `  25,00,000/- 300 500
` 1,00,001/-  And Above `  30,00,000/- 300 500
   
 

Maximum Installment 240
* Interest Rate  w.e.f. 01-01-2021*
Interest rate @ 10% for all loan.
Interest rate Applicable from 01/01/2021

   
  Midium Term Loan  (How To Apply) Requirements
 

Rs 100/- Bond paper upto Loan 5,00,000/-
Rs 200/- Bond paper loan above 5,00,001/-
Rs 300/- Bond paper loan above 10,00,001/-
3 Sureties Signature required upto 18 Lac
4 Sureties Signature required above 18 Lac
 
  MT Loan-Rules
 
Repayment within 240 equal installments - maximum
Deduction through salary
Member already having loan from other society is not eligible for loan.
All loan rate of int. is @10 %
   
  MT Loan & Emergency Loan for Details Rules Please Click Hear
   
Emergency Loan
  If member needs urgent financial help, he can apply for Emergency Loan as per below given slab
   
 
GROSS SALARY LOAN LIMIT
 Gross Salary Upto   ` 50,000/-  ` 30,000/-
 ` 50,001/- To 1,00,000/- ` 60,000/-
` 1,00,000/- And Above ` 80,000/-
   
 
Member can apply maximum 80,000/-
Repayment Should be within 12 equal installment through salary
Loan Rate applicable @ 8.5%
Service Charge ` 100/- (one time)
   
   
 
     
 

 
     

 
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