Benfits

The only society registered under the multistate cooperative credit societies act governed by central cooperative credit society act (parliament).

POINTS TO PONDER

LOAN FACILITIES

MAXIMUM BORROWING POWER UPTO 9 LAKHS FOR SUB STAFF 14 LAKHS FOR OFFICERS/ CLERICAL

SHORT TERM LOAN: RS 3,00,000/- (Common)

LONG TERM LOAN:

•  RS: 4,00,000/- SUBSTAFF (REVISED FROM 3,00,000.00 )
•  RS: 6,00,000/- CLERICAL (REVISED FROM 5,00,000.00)
•  RS: 6,00,000/- OFFICERS (REVISED FROM 5,00,000.00)

SPECIAL LONG TERM LOAN:

•  RS: 5,00,000/- SUBSTAFF (REVISED FROM 4,00,000.00)
•  RS: 8,00,000/- CLERICAL (REVISED FROM 5,00,000.00)
•  RS: 8,00,000/- OFFICERS (REVISED FROM 7,00,000.00)

DEATH BENEFIT:

•  RS 9,00,000.00 SUBSTAFF (Revised From 7,00,000.00)RS: 5,00,000/- SUBSTAFF (REVISED FROM 4,00,000.00)
•  RS 14,00,000.00 CLERICAL/OFFICERS (Revised From 10,00,000.00)

FUNERAL EXPENSES:

•  RS 50,000.00 for existing members (revised from RSs 40,000.00
•  RS 10,000.00 for Associate Members (Revised from RS 1000.00)

FINAL SEVERANCE PAYMENT RS 12,000.00 (Revised from RS 9000.00)

SUEPERANNUATION BENEFIT: RS 2,600.00 (Revised from RS 2400.00)

MEDICAL REIMUBURSEMENT BENEFIT: RS 50,000.00 MAX

ADDITIONAL BENEFITS:

In case of early Death of an Associate Member

a) After Joining the Scheme within 2 years Rs.35,000.00
b) Above 2 years but less than or equal to 4 years RS 30,000.00
c) Above 4 years but less than or equal to 6 years RS: 25,000.00
d) Above 6 years but less than or equal to 8 years RS: 20,000.00

Permanent Disablement RS 2,75,000.00 (Revised from 2,50,000.00)

Financial Assistance for Members Suffering From, Major Ailments upon Loss of Pay: RS 48,000.00 Max (Revised from RS 36,000.00)

Financial Assistance for Dependents, Spouse or Children Suffering from Major Ailments: RS 25,000.00 max (Revised from RS 20,000.00)