The Delhi Co-operative Urban T & C Society Ltd.

Surety Loan

Loan


We, The Delhi Co-operative Urban T. & C. Society Ltd. completely understand your family's day-to-day needs.

We are here to fulfill your dream of your own house, repair of old house, extension of your existing home, education/ marriages of your children, extension of business and other professional purposes etc.

We are with you to complete all your above dream and needs through hassle free and in a customer friendly atmosphere. If you are looking such help, we facilitate you with a co-operative and truly friendly manner.


Silent Features of our Loan Scheme:

  • He/she should be Member of our Society.

  • Loan can be advance to more than one person of the family having regular source of income.

  • Individuals who may be employed/self-employed in business having regular income.

  • Permanent employee of Central/State/Defense/Police Force/Public or Joint Sector Undertaking/reputed firms/establishments/Professional/Business persons with a proper proof of income.

 

Purpose of Loan

  • Extension of existing business.

  • Construction of independent house/flat.

  • Purchase of independent house/flat.

  • Repair/Improvement/Extension/furnishing/renovation of house property.

  • Repayment of existing housing loan.

  • For purchase/construction of second property (independent house/flat)

  • For children Education

  • For self/children Marriage

  • Any professional purposes

Repayment Details

  • By EMI or Regular fixed amount of installments..

  • The maximum repayment period should not exceed 10 years(120 months)

 

Rate of Interest

  • 10.50% per annum on day-to-day reducing Balance

 

Other Attractive Features

  • No prepayment penalty

  • Loan sanctioned within no time if application and documentation fulfilled as per requirement.

  • Interest on a monthly reducing balance basis.

 

Criteria for Loan Sanctioning

  • Aadhar Card
  • PAN card
  • Last Month Pay Slip/Income proof at the time of loan sanctioning

If you have any query please  click here

Secured Loan / Loan against Deposits

SecuredLoan

We are also facilitating the menbers to meet their requirements against their deposits on following terms.

  • Facility of loan against Fixed/Recurring deposits with the society is available up-to 90 % of investment on 1 (one) % extra interest on prevailing interest rates on deposits.

  • Facility of loan against fixed deposit up-to 70 % of deposited amount in which interest is paid quarterly by the society/received by the depositor is also avialable on 1 (one) % extra interest on prevailing interest rates on deposits.

  • Facility of loan against Special “Ladli-Lal Yojana”(Recurring Deposit) is also available up-to 90% of deposits on 1% extra interest on prevailing interest rates on deposits.

  • Loan against properties/invetment in LIC/Govt. Security Bonds is also avilable as per title of documents/invested amount in LIC/Govt. Security Bonds as per the terms of the society.

NEW INTEREST RATES ON

Fixed and Recurring Deposits

As approved by the Managing Committee w.e.f. 01.05.2023

NEW INTEREST RATES ON

Special “Ladli-Lal Yojana”(Recurring Deposit)

As approved by the Managing Committee w.e.f. 01.05.2023