Serious Illness Aid
Financial support for members facing major surgery or critical illness.
₹30,000non-refundable
Since 1931 · Regd. No. 6946 · Bombay High Court
Thrift, credit & care for the High Court family.
For more than nine decades, employees of the Bombay High Court have saved together and lent to one another at fair rates, through a society they own and run themselves.
- Fixed deposits up to 7.25%
- Welfare for members & families
- Members-owned since 1931
95+
Years of service
Est. 19 January 1931
2,273
Members
As at 31 March 2026
₹63.15 Cr
Working capital
Up ₹9.30 Cr in a year
₹54.43 Cr
Lent to members
Loans outstanding
8.5%
Dividend
Proposed for 2025-26
Serving members since19 January 1931
Who we are
A society of colleagues, built on trust.
The High Court Employees' Co-op. Credit Society Ltd. was established on 19 January 1931 (Regd. No. 6946) and serves the employees of the High Court. This year the society presents its 96th annual report to 2,273 members.
- Owned and governed by its members, the employees of the Bombay High Court
- ₹54.43 Cr lent to members as at 31 March 2026
- Surplus returns to members as dividend and welfare support
- “A” audit classification for 2025-26
What the society offers
Everything a member needs, under one roof.
Savings that earn, credit that's fair, and a safety net for the moments that matter, run by members, for members.
Plan before you apply
Know your instalment to the rupee.
Pick a loan, slide to the amount and period you have in mind, and see exactly how the society would schedule your repayments.
Choose a loan
After 3 years of membership · up to ₹15,00,000
₹10,00,000
₹7,00,000₹15,00,000
180 months
60 months210 months
This is not a fixed EMI. Like the society’s repayment chart, it shows a fixed monthly instalment (the loan divided by the months, rounded up to the next ₹50) plus 8.75% interest on the balance outstanding. Figures are indicative; the final sanction depends on your eligibility and the society’s rules.
As per the society’s repayment chart
- Monthly instalmentदरमहा हप्ता
- ₹5,600
- Interest @ 8.75%first month
- + ₹7,292
- Totalएकूण
- ₹12,892
The monthly instalment of ₹5,600 repays your loan and stays the same. Interest is charged separately on the balance still outstanding, so it goes down every month, and your total payment drops from ₹12,892 in the first month to about ₹3,223 in the last.
- Loan amount
- ₹10,00,000
- Total interest (whole term)
- ₹6,54,681
- Total repaid over the term
- ₹16,54,681
- Repayment period
- 180 months (cleared in 179)
- Interest rate
- 8.75% p.a. on outstanding balance
Includes cover under the Loan Security Fund: a one-time ₹15,000 (1.5%) contribution at disbursal, so the full loan is cleared if anything happens to you.
Member welfare
When life happens, the society shows up.
A share of every year's surplus goes back to members through welfare funds: for illness, for children's education, on retirement, and for families in loss.
Help when it matters most, from colleagues who understand.
Paid to members in 2025-26
₹27.66 L
- Medical assistance₹10.30 L · 103 members
- Retirement benefits₹8.13 L · 68 members
- Learning devices aid₹4.84 L · 6 members
- Children's education aid₹2.90 L · 3 members
- Serious illness aid₹1.50 L · 5 members
Medical Assistance
For the treatment of a member or their family, on continuous hospitalisation of 48 hours or more.
₹10,000non-refundable
Learning Devices Assistance
Help to buy a computer, laptop, tablet or mobile for educational needs — repaid in 12 easy instalments of ₹8,667.
Up to ₹1,00,000at 4% a year, 12 months
Children's Higher Education
Assistance for members' children continuing their education after the 10th standard.
Up to ₹1,00,000at 4% a year, 12 months
Retirement Benefit
A thank-you on retirement, growing with your years of membership.
₹5,000 – ₹15,000on superannuation or VRS
Members' Bereavement Support
Support for the family of a member who passes away, through the Death Benefit Fund.
₹20,000paid to the legal heir
Fourteen years at a glance
Steady hands, steady growth.
Lending to members has more than quadrupled since 2012-13, while the society has paid a dividend in every one of those years and earned an “A” audit classification for 2025-26.
Loans outstanding to members
Financial years 2012-13 to 2025-26 · as at 31 March each year
Board of Directors · 2022 – 2027
Elected by members, accountable to members.
Twelve directors, elected from among the society's own members, met fifteen times last year to steer its work.
Shri. Sunny S. Housalmal
Chairman
Shri. Chandrakant A. Sarwankar
Vice-Chairman
Shri. Amol A. Shinde
Hon. Secretary
Shri. Vinod V. Bhosale
Hon. Treasurer
Notice board
What's new for members
We’re here to help
Questions about a loan, a deposit or your membership?
The society office is at the High Court, Mumbai. Call or write to us, or visit during office hours on working days.