As per Multi State Cooperative Society Act 2002 and Society Byelaw - Thiru.A.Dhamodharan, Thiru. S.Ponnambalam, Thiru. D.Udhayakumar, Thiru.A.Raman and Thiru.K.Vengatesan are removed from Membership of the Society on 1.5.2016
:: Services :: Society Loans

Simpson Society Loan
   
1. SURITY LOAN (MEMBERS ONLY)
2. HOUSE MORTGAGE LOAN (MEMBERS & NON-MEMBERS)
3. JEWEL LOAN (MEMBERS & NON-MEMBERS)
4. SPECIAL LOAN(MEMBERS ONLY)
5. EMERGENCY LOAN (MEMBERS ONLY)
6. FLOD LOAN (MEMBERS ONLY)
7. CRACKERS LOAN (MEMBERS ONLY)
 
S.No Member/Nominal Member Name of the Loan Period Rate of Int Share T.F F.D
1. Member (upto 1 lacs) Surity Loan(M/T) 60 Months 15.5 % 10 % 10 % Nil
  Member (above 1 lacs) Surity Loan(M/T) 100 Months 15.5 % 10 % 10 % Nil
2 Member (upto 30 thousand) Consumer Loan 24 Months 15.5 % 10 % 10 % Nil
3. Member (1000 to 3000) EL,FL,EML Loans 12 Months 15.5 % 10 % Nil Nil
4. Member (upto 5 lacs) Jewel Loan 6 Months notice 15 % Nil Nil Nil
  Public (upto 5 lacs) Jewel Loan 6 Months notice 16 % Nil Nil Nil
5. Member (upto 5 lacs) H.M.L 120 Months 15.5 % 10 % 10 % Nil
  Nominal Member (upto 5 lacs) H.M.L 60 Months 18 %
10 %
Nil 10 %
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The Simpson & Group Companies Employees' Co-operative Society Ltd.,
REGD.NO.MSCS/CR-14/91
No.1, Desi Colony, Perambur High Road,Chennai - 600012.
Phone No.044-65474724,26624778,65474725
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