Loans

THE ARMY HQ CO-OPERATIVE THRIFT & CREDIT SOCIETY LIMITED

Regular Loan

Members should have completed Two years of service in AFHQ Cadre OR should have completed one year of membership in society, subject to the fulfillment of terms & conditions prevails.
The Regular Loan eligibility depends on 10 times of share money and fulfilment of Compulsory Deposit criteria.
The Maximum Regular Loan limit is Rs.5,00,000/- (Five Lakhs only), subject to fulfilment of terms & conditions of the Society.
The application of fresh loan is accepted by the Society when previous loan is closed by the member.
The loan shall be granted on personal security with six sureties who are members of the society and have more than 01 years of regular continuous service in the AFHQ Cadre.
At the time of Regular Loan disbursement, Benevolent Fund @0.5% will be deposited by the members.

A member may be sanctioned upto Rs 5,00,000/- at easy terms repayable in 80 or less EMIs. The special feature of this loan schemes stated at chart.

Repayment Period	36 Months	48 Months	60 Months	72 Months	80 Months
EMI of Rs 1 Lac	Rs. 2778/-	Rs. 2083/-	Rs. 1667/-	Rs. 1389/-	Rs. 1250/-
EMI of Rs 2 Lac	Rs. 5556/-	Rs. 4167/-	Rs. 3333/-	Rs. 2278/-	Rs. 2500/-
EMI of Rs 3 Lac	Rs. 8333/-	Rs. 6250/-	Rs. 5000/-	Rs. 4167/-	Rs. 3750/-
EMI of Rs 4 Lac	Rs. 11111/-	Rs. 8333/-	Rs. 6667/-	Rs. 5556/-	Rs. 5000/-
EMI of Rs 5 Lac	Rs. 13889/-	Rs. 10417/-	Rs. 8333/-	Rs. 6944/-	Rs. 6250/-

*EMI have been rounded off to higher tens. Hence the final installment requires adjustments.

Members should have completed Two years of service in AFHQ Cadre OR should have completed one year of membership in society, subject to the fulfillment of terms & conditions prevail.
The Emergent Loan eligibility depends on 02 times of share money and fulfillment of Compulsory Deposit criteria.
The Maximum Emergent Loan limit is Rs.1,00,000/- ( One Lakh only), subject to fulfillment of the terms & conditions of the Society.
The application of fresh loan is accepted by the Society when the previous loan is closed by the member.
The loan shall be granted on personal security without any sureties and have more than 01 years of regular continuous service in the AFHQ Cadre.
At the time of Emergent Loan disbursement, Benevolent Fund @0.5% will be deposited by the members.

Repayment Period	10 Months	12 Months	15 Months	18 Months	30 Months
EMI of Rs 25 Thousand	Rs. 2500/-	Rs. 2083/-	Rs. 1667/-	Rs. 1389/-	Rs. 833/-
EMI of Rs 50 Thousand	Rs. 5000/-	Rs. 4167/-	Rs. 3333/-	Rs. 2778/-	Rs. 1667/-
EMI of Rs 75 Thousand	Rs. 7500/-	Rs. 6250/-	Rs. 5000/-	Rs. 4167/-	Rs. 2500/-
EMI of Rs 1 Lakh	Rs. 10000/-	Rs. 8333/-	Rs. 6667/-	Rs. 5556/-	Rs. 3333/-