REGISTERED NO.MSCS/CR-14/91
Services of the Society
In accomplishment of these objects, the Society undertakes the following functions:
- Giving Surety loan for all Members to meet their urgent needs with teller system on the basis of "Tri party Agreement" Society / Members / Management (Under the Indian Contract Act)
- Giving Consumer Loan to purchase durable articles
- Giving medium-term loan for 30% guideline Value i.e., House Mortgage / Land Mortgage Loan and New Land purchase loan to our members
- Jewel Loan of Rs. 10,00,000/- at a lesser interest rate to members
- Education advance of Rs. 20,000/- (June on wards)
- Festival advance of Rs. 20,000/- (October onwards)
- Emergency Loan of Rs. 5000/-
About Us
The Simpson & Group Companies Co-operative Credit Society Ltd (formerly known as The Simpson & Group Companies Employees' Co-Operative Society Ltd) is basically a credit organization. This Co-operative movement traced back its origin in 22.12.1951 and the date of functioning from 26.01.1952 and this Co-operative Society was organized by the Read More...
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- No.1, Desi Colony, Perambur High Road, Chennai - 600012.
- 044 - 43556268
89251 44090 | 90259 99265 - raj.simpson1983@gmail.com
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