CITY POLICE COOPERATIVE CREDIT SOCIETY

Membership Registration

Loan APPLICATION FORM's



*Above downloaded forms should print in Legal Size Paper only.

*For any assistance please call 040-27852758

Loan Eligibility Criteria

Description

Upto 2 Lac

Upto 3 Lac

5 Lac

1

Period of service remaining

Not less than 24 Months for self and sureties

Not less than 36 Months for self and sureties

Not less than 48 Months for self and sureties

2

Minimum takehome salary for the previous month should be

10K

15K

25K

3

Salary Slip & ID Card signed by self and SHO or concerned officer

Previous month Salary slip

Previous month Salary slip

Previous month Salary slip

4

Number of Sureties required (Co-Operative Member)

Two

Two

Three

5

Eligibility of surety

Should not have given surety for more than 4 current loanees

Should not have given surety for more than 4 current loanees

Should not have given surety for more than 4 current loanees

6

Loanee Cooperative Savings Deposit Minimum Balance Criteria (Share+Thrift)

40K

60K

100K

7

Minimum period of Cooperative Membership

Not Applicable

Minimum 3 months after date of admission

Minimum 3 months after date of admission

8

Probation Clearing Certificate (D/O Copy)

Not Applicable

Should have cleared probation period

Should have cleared probation period

Document Enclosures Checklist

  • Passport Size Photo of Loanee To be pasted on the Loan Form
  • Passport Size Photo of Surety(1) To be pasted on the Loan Form
  • Passport Size Photo of Surety(2) To be pasted on the Loan Form
  • Passport Size Photo of Surety(3)[if 5 Lac loan] To be pasted on the Loan Form
  • Salary Slip of Loanee Signed by Loanee and Attested by concerned officer
  • Salary Slip of Surety (1) Signed by Surety and Attested by concerned officer
  • Front Page Copy of Bank Passbook with Account Number and IFSC code clearly visible OR Cancelled Cheque Leaf of Loanee Xerox, Self-Attested
  • Salary Slip of Surety (2) Signed by Surety and Attested by concerned officer
  • Salary Slip of Surety (3)[if 5 Lac loan] Signed by Surety and Attested by concerned officer
  • ID Card Xerox of Loanee Signed by Loanee and Attested by concerned officer
  • ID Card Xerox of Surety (1) Signed by Surety and Attested by concerned officer
  • ID Card Xerox of Surety (2) Signed by Surety and Attested by concerned officer
  • ID Card Xerox of Surety (3)[if 5 Lac loan] Signed by Surety and Attested by concerned officer2




EMI Slabs Currently Prevaling

Months

Rs. 500000/-

Rs. 300000/-

Rs. 200000/-

Rs. 100000/-

EMI - Equated Monthly Instalment

60

10258

6155

4103

 

48

12324

7394

4930

2465

36

15784

9470

6314

3157

24

22728

13637

9091

4546

12

43610

26166

17444

8722

long loan interest @8.5%