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Keeping in view the present Loan demand and recovery of Loan of our Co-operative Society, it is observed that the Loan recovery position of Co-operative Society is decreasing day by day. In order to strengthen the Loan recovery position of Co-operative Society and to reduce defaulter cases it has been decided to revise the Loan limits, Loan sanction criteria/conditions, etc. of our Co-operative Society with effect from 10/06/2024 as per following details:


Maximum Eligibility for General Loan - @ 8% [ EMI 2,028/- per 1 Lakh Repayable in 60 Months]  
Duration of Membership Eligibility

1 Yr and above but less than 3 Yrs

2,00,000
3 Yrs and above but less than 6 Yrs 2,80,000
6 Yrs and above but less than 9 Yrs 3,50,000
9 Yrs and above but less than 12 Yrs 4,60,000
12 Yrs and above but less than 15 Yrs 5,70,000
15 Yrs and above but less than 20 Yrs 6,80,000
20 Yrs and above but less than 25 Yrs 8,00,000
25 Yrs and above 8,00,000
 
Maximum Eligibility for Special Loan - @ 9% [EMI 2076/- per 1 Lakh Repayable in 60 Months]  
Duration of Membership Eligibility

1 Yr and above but less than 3 Yrs

2,00,000
3 Yrs and above but less than 6 Yrs 2,80,000
6 Yrs and above but less than 9 Yrs 3,50,000
9 Yrs and above but less than 12 Yrs 4,60,000
12 Yrs and above but less than 15 Yrs 5,70,000
15 Yrs and above but less than 20 Yrs 6,80,000
20 Yrs and above but less than 25 Yrs 8,00,000
25 Yrs and above 8,00,000
 
Maximum Eligibility for Sanchayeeta Adv.- @ 8.5% [EMI 1240/- per 1 Lakh Repayable in 120 Months]  
Duration of Membership Eligibility
1 Yrs and above but less than 3 Yrs NIL
3 Yrs and above but less than 5 Yrs 2,20,000
5 Yrs and above but less than 10 Yrs 2,70,000
10 Yrs and above but less than 15 Yrs 3,50,000
15 Yrs and above but less than 20 Yrs 4,50,000
20 Yrs and above but less than 25 Yrs 6,00,000
25 Yrs and above 6,00,000
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