॥ सहकारात् समृद्धीः ॥Regd. No. 6946 · Serving members since 1931
Loans for members
From a quick emergency advance to a special long-term loan of up to ₹15 lakh, members borrow from their own society on the same simple terms, with interest charged only on the balance still outstanding.
Choose your loan
After 6 months of membership
तातडीचे कर्ज
Quick help for the unexpected
Up to
₹60,000
Repay over
12 months
After 1 year of membership
अल्पमुदत कर्ज
For planned, near-term needs
Up to
₹1,00,000
Repay over
40 months
After 1 year of membership
दीर्घ मुदत कर्ज
For the bigger milestones
Up to
₹6,00,000
Repay over
120 months
After 3 years of membership
दीर्घ मुदत विशेष कर्ज
Our largest facility for long-standing members
Up to
₹15,00,000
Repay over
210 months
कर्ज सुरक्षा निधी
A protection scheme for borrowing members. If a borrower passes away, the society clears the entire outstanding loan, so the family is not left with the debt.
Compulsory for all loans from ₹1,00,000 up to ₹15,00,000
A one-time contribution of 1.5% of the sanctioned amount, deducted at disbursal
On a borrower's natural or accidental death after 3 months, the full outstanding loan is written off from the fund
The member's deposits with the society are returned to the legal heirs
The contribution is non-refundable under all circumstances; the benefit does not apply in case of suicide
Official repayment chart
How much you can borrow depends on your length of membership and monthly salary. These are the society's published slabs.
| Monthly salary | Loan available | Repayment period | Monthly instalment | Interest @ 8.75%* | Total |
|---|---|---|---|---|---|
| Emergency loanafter 6 months of membership | |||||
| Up to ₹50,000 | ₹30,000 | 12 months | ₹2,500 | ₹219 | ₹2,719 |
| ₹50,001 – ₹1,00,000 & above | ₹60,000 | 12 months | ₹5,000 | ₹438 | ₹5,438 |
| Short-term loanafter 1 year of membership | |||||
| ₹15,000 | ₹1,00,000 | 40 months | ₹2,500 | ₹729 | ₹3,229 |
| Long-term loanafter 1 year of membership | |||||
| ₹15,000 | ₹2,00,000 | 75 months | ₹2,700 | ₹1,458 | ₹4,158 |
| ₹15,000 | ₹3,00,000 | 75 months | ₹4,000 | ₹2,188 | ₹6,188 |
| ₹15,000 | ₹4,00,000 | 100 months | ₹4,000 | ₹2,917 | ₹6,917 |
| ₹15,000 | ₹5,00,000 | 120 months | ₹4,200 | ₹3,646 | ₹7,846 |
| ₹15,001 – ₹25,000 | ₹6,00,000 | 120 months | ₹5,000 | ₹4,375 | ₹9,375 |
| Special long-term loanafter 3 years of membership | |||||
| ₹15,001 – ₹25,000 | ₹7,00,000 | 150 months | ₹4,700 | ₹5,104 | ₹9,804 |
| ₹15,001 – ₹25,000 | ₹8,00,000 | 150 months | ₹5,350 | ₹5,834 | ₹11,184 |
| ₹25,001 – ₹35,000 & above | ₹9,00,000 | 180 months | ₹5,000 | ₹6,563 | ₹11,563 |
| ₹25,001 – ₹35,000 & above | ₹10,00,000 | 180 months | ₹5,600 | ₹7,292 | ₹12,892 |
| ₹25,001 – ₹35,000 & above | ₹11,00,000 | 180 months | ₹6,150 | ₹8,021 | ₹14,171 |
| ₹25,001 – ₹35,000 & above | ₹12,00,000 | 180 months | ₹6,700 | ₹8,750 | ₹15,450 |
| ₹25,001 – ₹35,000 & above | ₹12,50,000 | 180 months | ₹6,950 | ₹9,115 | ₹16,065 |
| ₹25,001 – ₹35,000 & above | ₹13,00,000 | 210 months | ₹6,200 | ₹9,480 | ₹15,680 |
| ₹25,001 – ₹35,000 & above | ₹14,00,000 | 210 months | ₹6,700 | ₹10,209 | ₹16,909 |
| ₹25,001 – ₹35,000 & above | ₹15,00,000 | 210 months | ₹7,150 | ₹10,938 | ₹18,088 |
* Interest for the first month. The monthly instalment (दरमहा हप्ता) stays the same, while interest at 8.75% is charged on the balance outstanding, so the interest and the total reduce every month. Source: the society’s loan facility and repayment instalment chart (कर्जसुविधा व कर्जपरतफेडीच्या हप्त्याचा तक्ता), 96th Annual Report.
Plan your loan
Choose a loan
After 3 years of membership · up to ₹15,00,000
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
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.
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.
Good to know
A loan is considered only if at least one-fourth of the monthly salary remains in hand after the instalment and all other deductions.
Please check every month that your instalments — and those of loans you have guaranteed — are being deducted from salary. Guarantors are equally responsible for a loan.
Avoid standing as a guarantor within 3–4 years of your retirement; a guarantor must be replaced before deposits can be released.
We’re here to help
Contact the society office at the High Court, Mumbai to check your eligibility and the documents you need.
