SBI OFFICERS' ASSOCIATION


Chennai Circle

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NEWS FLASH

SBIOA Co - Op Society



SBIOA OFFICERS' CO-OPERATIVE THRIFT & CREDIT SOCIETY

The Society was registered on 09.06.1975 had its 35th General Body of the Society was held on 22.08.2009, the 36th on 21.08.2010 and the 37th General Body on 03.09.2011. For the first time in the history of the Credit Society a lady officer has been elected for the Board of Directors of the Credit Society in the elections for the Board of Directors held on 18.12.2010.

Society at present has 1873 members I request the Zonal Secretaries to ensure that all the officers become member of the society.

Due to the demand of our members the Medium Term Loan amount has been enhanced to Rs.7.5 lacs and to meet the dreams of our members to have a flat at Chennai a new Housing Loan Scheme was introduced with a maximum loan amount of Rs.3 lakhs repayable in 60 months.

Contact Us:

STATE BANK OF INDIA OFFICERS' CO-OPERATIVE THRIFT & CREDIT SOCIETY LIMITED,
(Registered Under the Multi-State Co-operative Societies Act, 2002)

No. 34/9, Second Line Beach,
'S.C.C.Anthoni Pillai Bhavan' (III Floor)
Post Box No. 1831, CHENNAI - 600 001.
PHONE (Off) : 25221913, 25251913
Secretary (Cell): 9994491311

BOARD OF DIRECTORS AND OFFICE-BEARERS

President A. Krishnan
Vice-President P. Vallikannan
Directors P. Babu Sundaram
  T. Nagaiah
  S. Santhi
  R. Balaji
  K. Bavanisankar
  V. Subburaj
  V. Radjarame
  M. Muralidharan
  C.S. Hariharan
Secretary P. Ramaniyan


Are you a Member of the Society ?
If not, Join at Once. Join the Co-operative movement Strengthen the Collective efforts

L O A N S

Medium Term Loan*
(On Initial application)
Rs. 3,00,000/- 120 Instalments or length of(On Initial application) his/surety's Service in Bank whichever is less
Medium Term Loan *
(After One Year of initial Loan)
Rs. 7,50,000/- 120 Instalments ---- do -----
Marriage Loan Rs. 50,000/- 100 Instalments ---- do -----
Housing Loan Rs. 50,000/- 100 Instalments ---- do -----
Emergency Loan Rs. 25,000/- 60 Instalments ---- do -----
Festival Loan Rs. 10,000/- 10 Instalments ---- do -----


* (M.T.Loan - Renewal after 6 monthly instalments are recovered from Salary)

Cash Gift at the time of Retirement : Rs. 2,000/-

Death Relief to Legal Heir : Rs. 5,000/-

Death Relief to Legal Heir from Members Family Welfare Scheme : Rs. 50,000/-