info@screccs.com
628-121-2858
- Domestic Tour : Upto a maximum of Rs 1,50,000/-
- International Tour : Upto a maximum of Rs 3,00,000/-
- No Of Installements : 12/24/36/48/60
- One surity required from Genaral Loan
- He/She must have 30% take home salary
- Interest Rate 7%
Archives: Loans
Loan – loans
Gold Purchase Loan
- Loan will be sanctioned for purchase of 22/24 caret Gold
- An Amount of Rs 3 Lakhs will be sanctioned for Non-Gazetted Shareholders and Rs 5 Lakhs for Gazetted Shareholders
- No. of Installments 12/24/36/42/48/54/60/66/72
- One surity required from General Loan
- He/She must have 30% take home salary
- Interest Rate @ 7%
Festival Loan
- Loan Amount of Rs.1,00,000 will be sanctioned once in a year
- No. of Installments: 48
- No surity required
- He/She must have 30% take home salary
Festival loan 2024:
| S.No | Name of the Festival | Date of Sanction |
|---|---|---|
| 1 | Sarakka Jathara | 21.02.2024 |
| 2 | Dr.BR Ambedkar Jayanthi | 5th to 15th April |
| 3 | Bakrid | 5th to 15th June |
| 4 | Independents Day | 5th to 14th August |
| 5 | Dassera | 5th to 15th October |
| 6 | Chrishtmas | 16th to 24th December |
Marriage Loan
- For Self/Daughter/Son/Dependent Sister , Loan upto Rs 5,00,000
- Interest Rate 7%
- No. of Installments: 12, 24, 36, 42, 48, 54, 60, 66, 72
- Two surites from special loan required
Education Loan
- Loan amount ranging from Rs.10,000 to Rs.1,00,000 in multiples of Rs.10,000 will be sanctioned
- 24/36/48 equal monthly installments sanctioned to one child per year
- No surity required
- He/She must have 30% take home salary
- Interest Rate 7%
- Interest Rate 1% rebate for Woman Shareholders
Vehicle Loan
- For Group ‘C’ and ‘D’ Category : Upto a maximum of Rs 8,00,000/-
- For Gazetted Officers : Upto a maximum of Rs 15,00,000/-
- No Of Installments :24/36/48/60/72/84
- Maximum three surities required
- He/She must have 30% take home salary
- Interest Rate 7%
Special Loan
Special Loans
| S.No. | Description | CMTD below Rs.40,000 | CMTD from Rs.40,001 to Rs.60,000 |
CMTD from Rs.60,001 to Rs.80,000 |
CMTD above Rs.80,001 | Gazetted Officer |
|---|---|---|---|---|---|---|
| 1. | Special Loan (Rate of Interest 7% Flat option1) | Rs.1,40,000 | Rs.1,75,000 | Rs.2,30,000 | Rs.3,00,000 | Rs.6,00,000 |
| 2. | Special Loan (Rate of Interest 8% Flat option2) | Rs.2,00,000 | Rs.3,00,000 | Rs.4,00,000 | Rs.5,00,000 | Rs.10,00,000 |
- No. of Installments 24, 30, 36, 42, 48, 54, 60, 72
- He/She must have 30% take home salary
- Special loan is renewable after completion of 18 installments of the previous loan
General Loan
General Loan (Rate of Interest 5% Flat)
| S.No. | Service Condtion | Amount |
|---|---|---|
| 1 | Service upto 5 years | Rs.1,20,000 |
| 2 | Service between 5 to 10 years | Rs.1,50,000 |
| 3 | Service between 10 to 15 years | Rs.1,80,000 |
| 4 | Service above 15 years | Rs.2,30,000 |
| 5 | CMTD Balance Rs.1,00,000 to Rs.1,50,000 | Rs.2,50,000 |
| 6 | CMTD Balance above Rs.1,50,000 | Rs.3,00,000 |
| 7 | Gazetted Officers | Rs.5,00,000 |
- No. of Installments: 12, 18, 24, 30, 36, 42, 48, 54, 60
- General loan is renewable after completion 1/4th of the loan period and loan amount of the previous loan
