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The Jackson Co-op Credit Society offers various loan slabs and interest rates effective from September 9, 2024, based on the length of service, with maximum loan amounts for members, education, and marriage loans specified. Eligibility criteria for borrowers and sureties are outlined, along with required documentation for loan applications. Additionally, deposit schemes with varying interest rates for fixed and recurring deposits are provided, along with details on membership cessation requirements.

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59 views1 page

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The Jackson Co-op Credit Society offers various loan slabs and interest rates effective from September 9, 2024, based on the length of service, with maximum loan amounts for members, education, and marriage loans specified. Eligibility criteria for borrowers and sureties are outlined, along with required documentation for loan applications. Additionally, deposit schemes with varying interest rates for fixed and recurring deposits are provided, along with details on membership cessation requirements.

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We take content rights seriously. If you suspect this is your content, claim it here.
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THE JACKSON CO.OP CREDIT SOCIETY OF THE EMP.

OF THE WESTERN RAILWAY LTD


BRANCH OFFICE - RAJKOT
AUTO NO - 44050 EMAIL - [email protected]

MEMBER LOAN SLABS FROM 09.09.2024 LOAN INT RATES FROM 09.09.2024
LENGTH OF SERVICE BASIC LOAN AMT ECUCATION LOAN 5.00%
1 TO 5 YEARS 19 7,00,000/- MARRIAGE LOAN 5.00%
5 TO 10 YEARS 20 8,00,000/- MEMBER LOAN 5.10%
10 TO 15 YEARS 21 8,50,000/-
15 TO 20 YEARS 22 9,00,000/- Max. Member Loan 20,00,000/-
20 TO 25 YEARS 23 10,00,000/- Max. Education Loan 5,00,000/-
25 TO 30 YEARS 24 10,50,000/- Max. Marriage Loan 3,00,000/-
30 + 25 11,50,000/-
ELIGIBILITY FOR BORROWER ELIGIBILITY FOR SURETY
* MEMBERS HAVING 1 YEAR SERVICE COMPLETED * MINIMUM 3 YEARS SERVICE
* AT LEAST 1 CTD RECOVERY THROUGH SALARY OR 2 YEARS MEMBERSHIP
65 BASIC FROM 09.09.2024
DOCUMENTS
* LATEST PAYSLIP (SELF ATTESTED)
* CANCELLED CHEQUE OR BANK PASSBOOK ZEROX
DEPOSIT SCHEMES FROM 09.09.2024
FIXED DEPOSITS RECURRING DEPOSIT Tenure
TENURE RATE RD 7.25% 1 TO 5 YEARS
45 TO 90 DAYS 4.75% CTD 7.50%
91 TO 180 DAYS 5.75%
181 TO 364 DAYS 6.00%
12 TO 24 MONTHS 7.00%
24 + TO 36 MONTHS 7.25% SAVING A/C 4.00% ZERO BALANCE
Documents to be Member
1 - Latest Paylsip (Self Attested)
2 - Cancelled Cheque Or Bank Passbook zerox (Self Attested)
3 - ADHAAR CARD and PAN CARD copy of Employee ( Self Attested)
4 - ADHAAR CARD copy of Nominee
5 - Passport size Photo (1)

# For ceasation of membership from the society, minimum 5 years membership required
as per Bye-Low No-12
MANAGER
Shri G N JADEJA Shri BALRAM MEENA S B JADEJA
Director Director M-7016751535
M-9727716171 M-8140840021 R G PIPARIYA
M-7698636612

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