LARSEN & TOUBRO GROUP EMPLOYEES' COOPERATIVE THRIFT & CREDIT SOCIETY LIMITED
REGD. NO. MSCS/CR-27/92
Membership
Loan
Deposits
Rates of Interest
Features
Board Members
Annual Report
   
    9th August 2010
 
Circular on Loans Enhancement

 

      The Board of Directors are pleased to inform the members that the Individual Maximum Loan Limit enhanced from Rs.4,50,000/- to 5,00,000/- and the Loan Eligibility Guidelines and Repayment Period will be as follows  

 

             Category Eligible Amount Repayment Period
             10 years Company Service with 2 years membership Rs.5,00,000/- 84 Months
             9 years Company Service with 2 years membership Rs.4,50,000/- 72 Months
             5 to 8 years Company Service with 2 years membership Rs.3,50,000/- 60 Months
             3 to 4 years Company Service with 2 years membership Rs.2,00,000/- 48 Months
             1 to 2 years Company Service with 1 years membership Rs.1,00,000/- 36 Months

   

(P.Benedict)

Secretary