• Welcome to SACH Cooperative Thrift and Credit Society Ltd.
  • contactus@sachtcs.org
  • +91 46114888 / 9717062247

Services

RECURRING DEPOSIT

The Society offers recurring deposit facility, where the deposits can be made for a period of 1-2 years at attractive rate of interest. A deposit of minimum Rs. 500/- or its multiples shall be accepted.

WELFARE FUND/INSURANCE

All members would be provided accidental insurance coverage for Rs. 2lacs within three months of the date of enrolment as member.

FIXED DEPOSITS

Fixed deposit facility open to all members has the following bene its:

  1 YEAR 2 YEARS 3 YEARS
GENERAL RATE 9% 9.25% 9.5%
SR. CITIZEN RATE 9.25% 9.5% 9.75%


FD can be withdrawn only through cheques, at any time. TDS shall be applicable upon withdrawal of interest amount.

LOANS

Loan Facilities are open to individuals with a Society membership of at least 6 months.
The society provides the following loan services:

  • Regular/Ordinary Loans at 16% interest PA with repayment period ranging from 12, 24, 36 and 48 EMIs as per the convenience of members

  • Emergency Loans up to Rs. 20,000/- at 16% interest PA for a period of 10 months.

  • Gold Loans at Rs. 1800 per gram or 70% prevailing market rates (whichever is lower) at 12% for a period of 6 months. Interests to be paid on a monthly basis.

  • Property Renovation Loan

  • Vehicle Loan

New membership is open to all individuals residing under National Capital Region (NCR) who are employed and above the age of 18, at a joining fee of Rs.500/- and initial share value of Rs.1000/ subjected to the submission of the following documents for verification:

  • Duly filled application form

  • Photographs (1)

  • Address Proof of Delhi & Native Place

  • ID Proof

Membership will be confirmed in writing after successful completion of due diligence. In case the membership is declined, complete payment made by the applicant will be refunded.

New membership is open to all individuals residing under National Capital Region (NCR) who are employed and above the age of 18, at a joining fee of Rs.500/- and initial share value of Rs.1000/ subjected to the submission of the following documents for verification:

  • Duly filled application form

  • Photographs (1)

  • Address Proof of Delhi & Native Place

  • ID Proof

Membership will be confirmed in writing after successful completion of due diligence. In case the membership is declined, complete payment made by the applicant will be refunded.

Under the by-laws, a member of society has to compulsorily deposit a minimum amount of Rs.200/month which is aimed at inculcating saving habit within it members.

New member can deposit Rs. 20,000/- at the time of enrolment for life membership.

Compulsory deposit interest shall be credited into the account of the member at the end of every financial year after 31st March at 7%.