LOANS

Surety Loan:

The maximum amount of loan is Rs.12,00,000/-25 times of his/her gross pay per month whichever is less.It is recoverable in 120 monthly installments at the discretion of the Board. Within the maximum loan limit, the Board shall frame guidelines of sanctioning loan to member according to the length of the individual member’s service, membership in the society, carry home salary etc.. It is the responsibility of the member to furnish eligible sureties for availing the loan.