Loan Issue : Terms & Conditions ( Full Time Employee )
| Sl.No | Type of Loan | Max Amount | Interest | W.E.F 01/05/2020 | Instalment | Sureties |
|---|---|---|---|---|---|---|
| 1 | H.B.L (House Building Loan) | 20,00,000.00 | 10% | 8.75% | (11112*180) | Gahan |
| 2 | H.P.L (House Purchase Loan) | 20,00,000.00 | 10% | 8.75% | (11112*180) | Gahan |
| 3 | Ordinary Loan | 2,00,000.00 | 11% | 10.50% | (2000*100) | Self Surety |
| 4 | Ordinary Loan | 20,00,000.00 | 11% | 10.50% | (20000*100) | 2 Sureties |
| 5 | H.M.L (House Maintenance Loan) | 2,00,000.00 | 11% | 9.50% | (2000*100) | Self Surety |
| 6 | H.M.L (House Maintenance Loan) | 7,00,000.00 | 11% | 9.50% | (7000*100) | 2 Sureties |
| 7 | Festival Loan | 1,00,000.00 | 11 | 10.50 | (3334*30) | Self Surety |
| 8 | Emergency Loan | 1,50,000.00 | 11 | 10.50 | (3000*50) | No Surety |
| 9 | M.P.L (Mobile Phone Loan) | 40,000.00 | 9.50% | 9.50% | (1600*25) | No Surety |
| 10 | A.L (Academic Loan) | 50,000.00 | 9 | 9 | (4167*12) | No Surety |
| 11 | M.L (Mangalya Loan) | 2,00,000.00 | 10% | 9.50% | (4000*50) | Self Surety |
| 12 | E.I.L (Educational Instrument Loan) | 1,00,000.00 | 11% | 10.50% | (2000*50) | Self Surety |
| 13 | H.E.L (Higher Education Loan) | 2,00,000.00 | 10% | 8.75% | (4000*50) | Self Surety |
| 14 | H.I.L (Health Insurance Loan) | 30,000.00 | 13 | NIL | (3000*10) | Self Surety |
| 15 | M.T.L (Medical Treatment Loan) | 4,00,000.00 | 8.00% | 7.75% | (8000*50) | 1 Surety |
| 16 | V.L (Vehicle Loan) | 10,00,000.00 | 10.00% | 9.00% | (10000*100) | 2 Surety+Copy of RC book |
| 17 | M.O.D (Member Over Draft) | 1,00,000.00 | 12.5 | 11.5 | 12 Months,2 Renewals | Self Surety |
| 18 | MDS Kuri | 2,00,000.00 | Self Surety | |||
| 16 | MDS Kuri | 5,00,000.00 | 1 Surety | |||
| 17 | Gold Loan | 5,00,000.00 | 11% | 11% |
Loan Issue : Terms & Conditions ( Part Time Employee )
| Sl.No | Type of Loan | Max Amount | Interest | W.E.F 01/05/2020 | Instalment | Sureties |
|---|---|---|---|---|---|---|
| 1 | Ordinary Loan | 7,00,000.00 | 11 | 10.50 | (7000*100) | 2 Sureties |
| 2 | H.M.L (House Maintenance Loan) | 7,00,000.00 | 11 | 9.50 | (7000*100) | 2 Sureties |
| 3 | Festival Loan | 15,000.00 | 11 | 10.50 | (600*25) | 1 Surety |
| 4 | Emergency Loan | 20,000.00 | 11 | 10.50 | (400*50) | No Surety |
| 5 | M.P.L (Mobile Phone Loan) | 12,000.00 | 9.5 | 9.5 | (480*25) | No Surety |
| 6 | A.L (Academic Loan) | 15,000.00 | 9 | 9 | (1250*12) | No Surety |
| 7 | M.L (Mangalya Loan) | 75,000.00 | 10 | 9.50 | (1500*50) | 1 Surety |
| 8 | H.I.L (Health Insurance Loan) | 20,000.00 | (2000*10) | No Surety | ||
| 9 | M.O.D (Member Over Draft) | 15,000.00 | 12.5 | 11.5 | 12 Months,2 Renewals | 1 Surety |
| 10 | MDS and Gold Loan are same as in the case of full time employees. |