Loan Eligibility

Members should have completed one year of service in Sesa Goa Ltd. for Short Term Loan and Min 5 years for Long Term Loan
Long term loan may be granted to any eligible member 30 times of his gross salary or Rs 700000.00( Rupees Seven Lakh Only) whichever is less by the Board.
The loan shall be granted on personal security with two sureties who are members of the society and having more than 05 year of regular continuous service in the establishment.
Repaying capacity shall be considered by taking into account net salary though the Bye Law of the society provides loan facility on the basis of gross salary. Explanation: Repaying capacity of loanee be considered as an amount derived after deducting at least 1/3 of the gross salary from the net salary receivable by the loanee member.
At no point of time home take salary contribution be less than 1/3 of total emolument/gross salary.
Above 5 lacs loan monthly contribution of Rs 2000/-

09.00 AM - 05.00 PM

Holiday

TERM LOAN TERM DEPOSITS INVESTMENT SCHEMES GALLERY NEWS

Sesa Colony, Desai Nagar, Sanquelim Goa.

+91-8767507523, +91-832-2365124

sesaemployeessociety@gmail.com

Sesa Goa Employees Co-Op. Credit Society Ltd.