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LARSEN &
TOUBRO
GROUP
EMPLOYEES'
COOPERATIVE
THRIFT &
CREDIT
SOCIETY
LIMITED
REGD. NO. MSCS/CR-27/92 |
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9th August 2010 |
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Circular on Loans Enhancement
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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
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Category |
Eligible
Amount |
Repayment
Period |
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10 years Company Service with 2 years membership
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Rs.5,00,000/- |
84 Months |
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9 years Company Service with 2 years membership
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Rs.4,50,000/- |
72 Months |
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5 to 8 years Company Service with 2 years membership
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Rs.3,50,000/- |
60 Months |
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3 to 4 years Company Service with 2 years membership |
Rs.2,00,000/- |
48 Months |
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1 to 2 years Company Service with 1 years membership |
Rs.1,00,000/- |
36 Months |
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(P.Benedict)
Secretary |
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