THE GOVERNMENT TELECOMMUNICATION
EMPLOYEES' CO-OPERATIVE SOCIETY Ltd.
MULTI STATE CO-OPERATIVE SOCIETY
( Regd. No. MSCS CR-10/86 ) Estd : 1924
 
 


Regular members can avail the following loans (or other new loans that may be introduced from time to time):

a) Ordinary Loan (OL)

Currently the maximum limit for OL is Rs. 5,00,000. But the actual eligibility for each member may vary depending on various conditions at the time of loan application.The total eligibility for member depends on their basic salary, surety eligibility, current deductions, etc. Each member is allowed only one OL but can consolidate any number of times as long as there are minimum three recoveries should have been completed. Please contact the society for further details. If you are a member currently you can login online and check your eligibility.

b) Education Loan (EL)

Currently we allow maximum of Rs. 10,000 for Education Loan with the interest rate of 14.5%. The maximum allowed installments are 10. Please contact the society for further information.

c) Festival Occasion Loan (FOL)

Currently we allow maximum of Rs. 10,000 for Festival Loan with the interest rate of 14.5%. The maximum allowed installments are 10. Please contact the society for further information.

d) Jewel Loan (JL)

Jewel loans are given both Regular and Nominal members. One can avail any number of Jewel Loans. We give up to Rs. 2000 per gram as the loan amount and member can avail the jewel loan upto 8,00,000. with the interest rate of 13.5%.

e) Computer Loan (CL)

Currently we allow maximum of Rs. 20,000 for Computer Loan with the interest rate of 14.5%. The maximum allowed installments are 20. Please contact the society for further information.