3  LOANS:
i) A member is eligible to get loan only after 90 days from the date of his enrolling as a member.
ii) Managing Committee can sanction Loan to the members :- upto ten times of value of a paid-up shares subject to a maximum of Rs.8,50,000/- or Thirty months gross pay, whichever is less.
iii) Maximum 120 equated monthly installments are allowed for repayment of loan.
iv) Member has to apply for loan in the prescribed application form.The form can be obtained from the Society Office.
v) Every alteration/cancellation in the articles of agreement should be authenticated by applicant against his full signatures.
4  FIXED DEPOSIT :
 
We accept Fixed Deposit at an attractive rates of interest. The rates of interest on fixed
deposits are printed elsewhere in this Report.
5  SCHOLARSHIP PRIZES :
 
Society is awarding Scholarship prizes to members or their children who have passed certain
examinations by obtaining meritorious marks/ranks. At present the scholarship prizes are awarded for the following examinations :

i) High School & Middle Schools Scholarship Examinations conduced by Shasakiya Mandal, Maharashtra State.
ii) Secondary School Certificate Examination (S.S.C.) conducted in Maharashtra State.
iii) Higher Secondary School Certificate Examination (XII) Arts, Science, and Commerce conducted in Maharashtra State.
iv) Degree Examinations such as B.A., B.Sc., B.Com, etc.
v) C.A.I.I.B. Part-1 & Part-II passed in one attempt only.
vi) Indian Central School Examination/ National Search Examination.
Interested members may apply to the Society soon after the results of above examinations are declared. They should send along with their applications for scholarship, xerox copies of the mark-sheet/Certificates of the examinations passed for the Society’s record. Prescribed Forms can be had from the Society’s Office upon request.