Services of the Society

In accomplishment of these objects, the Society undertakes the following functions:

  1. 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)
  2. Giving Consumer Loan to purchase durable articles
  3. Giving medium-term loan for 30% guideline Value i.e., House Mortgage / Land Mortgage Loan and New Land purchase loan to our members
  4. Jewel Loan of Rs. 10,00,000/- at a lesser interest rate to members
  5. Education advance of Rs. 20,000/- (June on wards)
  6. Festival advance of Rs. 20,000/- (October onwards)
  7. Emergency Loan of Rs. 5000/-

About Us

The Simpson & Group Companies Employees Co-operative Society 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...

Touch With Us
  • No.1, Desi Colony, Perambur High Road, Chennai - 600012.
  • 044 - 43556268
    89251 44090 | 90259 99265
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