Jamshedpur: UCIL Cooperative Credit Society, Jadugora, here on Wednesday announced to increase the loan amounts given to its 5000 shareholder UCIL employees.
This was informed by the Society member Narayan Bahali. He said a proposal to this effect was sent to the assistant registrar Joginder Sharma at the annual general meeting of the company Board in Ghatsila on 21st January last.
After receiving approval of the assistant registrar on 29th April last, efforts have started to implement the decision.
As per the scheme, Society members having a membership tenure between three months to one year would get a maximum loan amount of Rs 7000 while members having been associated with the Society for 20 years or more would be entitled to get loan of Rs 2 lakh.
