STATE BANK OF INDIA STAFF ASSOCIATION CO-OPERATIVE SOCIETY LIMITED
11, Abdul Hamid Street, Kolkata – 700069
Ph. 2210-7486/8245, 2248/2621 Fax: 2210-4122

S.B.I.S.A. Co-operative Society is the only Society under the banner of S.B.I.S.A. which has been serving its Members for the last 85 years within the seven Circles.

Please take the Membership of the oldest Society and enjoy the following benefits:

A member can avail following types of loans after completion of 6 (Six) months from the date of enrolment of his membership in the S.B.I.S.A. Co-operative Society Ltd:-

Long Term Loan : Rs.1,30,000/- (Rupees One Lac thirty thousand only) repayable in the way of 84 (Eighty four) monthly instalments (maximum) or less instalments in case of short service of the member. Amount of monthly instalment – Rs.2294/-
Short Term Loan : Rs.60,000/- (Rupees Sixty thousand only) repayable in the way of 54 (Fifty four) monthly instalments (maximum) or less instalments in case of short service of the member. Amount of monthly instalment – Rs.1443/-
Special Short Term Loan : Rs.40,000/- (Rupees Forty thousand only) repayable in 36 instalments (maximum) or less instalments in case of short service of the member. Amount of monthly instalment – Rs.1328/-
House Building Loan (under 2nd Mortgage) : Rs.1,50,000/- (Rupees One lac fifty thousand only) repayable in the way of 120 (one hundred twenty) monthly instalments (maximum) or less instalments in case of short service of the member. Amount of monthly instalment – Rs.2152/-
Interest is charged on all types of loans at the reate of 12.00%.

Cost of Loan Forms:-

Long Term Loan/Short Term Loan: Rs.2/- each
House Building Loan (under 2nd Charge) : Rs.20/- each
Death Benefit:-

This is a unique scheme launched by the Society for the benefit of the members. In case of death of a member before his retirement, the legal heir of the deceased member will be provided by the Society, a financial assistance of Rs.50,000/- (Rupees Fifty thousand only), provided that the member was not a defaulter member at the time of his death.

A prospective member has to remit along with his Application Form for Membership, a sum of Rs.310/- being the aggregate of the following:

Membership Fee: Rs.10/-
Ten Shares of Rs.10/- each (Rs.100/-)
R.B.Fund deposit: Rs.200/-
Thereafter, a member has to deposit at the rate of Rs.200/- per month to his Retirement Benefit Fund account till cessation of his membership. Interest is given on the balance of R.B.Fund at the rate of 7%.

Application Form for Membership, Application Form for Cessation of Membership, and Application Form for Death Benefit, are available free of cost at the office of the Society. (Xerox copies are also acceptable).

Download Forms : -

MEMBERSHIP FORM LONG TERM LOAN
SHORT TERM LOAN SPECIAL SHORT TERM LOAN
CESSATION OF MEMBERSHIP DEATH BENEFIT
HOUSE BUILDING LOAN UNDER SECOND MORTGATE