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LOANS
INTEREST IS APPLIED AT HALF-YEARLY RESTS ON DAILY PRODUCT
ELIGIBILITY – MEMBER SHOULDN’T BE A MEMBER OF ANY OTHER
SOCIETY
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LONG TERM LOAN
-
TERM LOAN (MEDICAL)
-
EMERGENCY LOAN
LONG TERM LOAN (Max)
Loan Amount : 2.00
Lacs
Rate of Interest : 10.50% PA Half yearly Rests
No of Monthly installments : 84
Installment amount : 3400 Per month
TERM LOAN (MEDICAL)
Loan Amount : 50,000/-
Rate of Interest : 10.50% PA Half yearly Rests
No of Monthly installments : 60
Installment amount : 1200 Per month
EMERGENCY LOAN
Loan Amount : 10,000/-
Rate of Interest : 10.50% PA Half yearly Rests
No of Monthly installments : 10
Installment amount : Rs.1100/- Per month
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SBH OFFICERS
CO-OPERATIVE CREDIT SOCIETY LTD., a Multi state Co-operative Society
(Regd.No.CR-21) is a financial organisation established in the year
1985 to cater the credit facility to the beloved officers of our
bank with a strong membership of 5000 officers.
MANAGING COMMITTEE FOR
THE PERIOD 2009-12
| NAME OF THE MEMBER SHRI |
ELECTED AS |
WORKING AT |
MOBILE NO |
| K P N TAGORE |
PRESIDENT |
HYD-N S ROAD |
9866335855 |
| K UPENDER |
VICE PRESIDENT |
W.MARREDPALLY |
9441647989 |
| P VASUDEVA RAO |
SECRETARY |
LBO NALGONDA |
9849130363 |
| B GANGADHAR RAO |
TREASURER |
HO-CREDIT AUDIT |
9849997476 |
| K SATYANARAYANA |
DIRECTOR |
HO-INSP DEPT |
9849639587 |
| M R BRAHMANATHA RAO |
DIRECTOR |
HO-BPR-IT |
9866019341 |
| K B S RAJU |
DIRECTOR |
MAHBUBGUNJ |
9642994949 |
| CHEBROLU BABU |
DIRECTOR |
HO-INSP (M) |
9440737663 |
| CH SURESH KUMAR |
DIRECTOR |
HO-CREDIT DEPT |
9295804835 |
| D SURYAM |
DIRECTOR |
THORRUR |
9949725566 |
| E RAGHUPATHI |
DIRECTOR |
CHERIYAL(WGL) |
9949129506 |
Benefits for
Officers from our society are highlighted as under.
SHARE CAPITAL & DIVIDEND :
Share Capital is collected while sanction of loan, and
dividend is paid every year during the festival season i.e.
October or November.
THRIFT DEPOSIT A/C :
It is a recurring Deposit of Rs.100/-p.m. and the total
accumulated amount is paid
along with Simple interest @ 8% at the time of
retirement/resignation.
MUTUAL BENEFIT FUND :
It covers a Benefit Fund of Rs.2.50 Lac. to the nominee of the
deceased member. The monthly contribution Rs.150/-.
PENSION SCHEME :
An amount of Rs.650/-p.m. being paid as pension to the member on
attaining his/her superannuation i.e., 60 years of age, who
contributes to the M.B.F. regularly for a period of 10 years.
LOANS :
Various Loan schemes are available for members ranging from
Rs.10000 to Rs.2.00 lacs provided to staff.
How to Become a Member
DD favoring SBH Officers’ Cooperative Credit Society Ltd., Drawn
on SBH-Hyderabad for Rs.60/- along with Membership application, to
be submitted.
Member should initially contribute Rs.200/- i.e., Rs.100/- towards
Thrift every month till he/she
avails Long term loan.
Member gets facility of M.B.F subject to conditions of Member
shouldn’t have membership in any other Society
Member can contribute Rs.150/- towards M.B.F on availing Long term
loan and contribution towards Share capital will be stopped as the
maximum Share capital will be adjusted from the Long Term Loan.
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