Any member wishing to apply for a loan shall submit an
application on the form prescribed by the Society.
Loans shall be granted to members for the purpose of:
- Children's educational needs;
- Traveling;
- Medical expenses;
- House renovation;
- Furnishing homes;
- Purchase of equipment;
- For any other reasons that are acceptable to the
Committee of Management
Scheme of Loan
Depending on the terms and conditions, members may apply for
loan under the following scheme:
Loans shall only be disbursed to a member after complete
executions of the necessary documents.
Monthly repayment (Principal & Interest) by members are
paid by deduction from the monthly salary through their respective
employers.
( Note: By-laws 11.14 - It shall be entirely within
the power of the Committee of Management to refuse a loan, to limit
the amount and object to a particular member as surety. No member
may claim a loan as a matter of right)
For further enquiries, please contact our Society and speak to
our customer service officers.
All rights reserved.
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