BHEECB 52nd Annual General Body Meeting

BHEECB 52^nd Annual General Body Meeting Details:

1.    Resolution Passed to Revise the following :

Type of Loan	Details	Existing	Revised
Surety Loan	Rate of Interest	9.50%	9.25%
	Max Loan Amt	Rs.8,00,000.00	Rs.10,00,000.00
	Max Repay Period	120 Months	120 Months
Special Loan	Rate of Interest	9.75%	9.50%
	Max Loan Amt	Rs.8,00,000.00	Rs.8,00,000.00
	Max Repay Period	100 Months	120 Months
Housing Loan	Rate of Interest	8.40%	8.40%
	Max Loan Amt	Rs.25,00,000.00	*Rs.40,00,000.00
	Max Repay Period	240 Months	240 Months
	Mode of Repayment	Diminishing Balance Method only	Member Can Choose Diminishing Balance Method or EMI.
Vehicle Loan	Rate of Interest	10.00%	9.00%
	Max Loan Amt	Rs.7,00,000.00	Rs.10,00,000.00
	Max Repay Period	96 Months	96 Months
One time Loan	Rate of Interest	10.00%	9.50%
	Max. Loan Amt	Rs.50,000.00	Rs.1,00,000.00
	Max. Repay Period	25 Months	25 Months
	Loan Availability	Only on Festival Time Oct-Nov.	Can be availed once in a calendar year.
Jewel Loan	Rate of Interest	10.00%	9.00%
Overall Loan Limit		Rs.30,50,000.00	Rs.40,00,000.00
Share Capital		900 Shares (Rs.90,000.00)	1000 Shares (Rs.1,00,000.00)

* Subject to approval of co-operative registrar.

Further Information will be Updated soon.


- J.RAMAJAYAM.
VPN / Bldg-VI,
BHEL, Trichy-14.