Loan Limit Increased to ₹6.50 Lakh for TISCO Mills Cooperative Society Members

Members to receive ₹3282 dividend, along with mementos and refreshments.

The TISCO Mills Combined Cooperative Credit Society Limited held its 81st annual general meeting in Jamshedpur, announcing a loan limit increase to ₹6.50 lakh.

JAMSHEDPUR – The 81st annual general meeting of the TISCO Mills Combined Cooperative Credit Society Limited took place at Impact Center on Saturday.

During the meeting, it was announced that the loan limit for members has been increased to ₹6.50 lakh.

Steel Grade, NS Grade, and TSDPL members saw a loan limit increase of ₹50,000, while JCACPCPL members received a ₹40,000 increase.

Additionally, the society declared a dividend of ₹3282 for the year.

Members will also receive a ₹500 memento and a ₹250 refreshment coupon.

Society President Vineet Kumar Shah led the meeting, starting with a moment of silence to honor deceased members.

Information about financial assistance for dependents was shared, and two members were honored for 25 years of continuous membership.

Vice Presidents Sunil Kumar Singh and Diba Ahmed, Secretary Rajesh Kumar Chakrabarti, and other committee members including Alok Kumar Singh, Ranjan Pandey, and Vipul Kumar Singh were present.

Vipul Kumar Singh concluded the meeting with a vote of thanks.