Have a wedding in the family? Don’t worry. With a TCC Marriage Loan, you can borrow up to 6 times your monthly income and enjoy flat rates as low as 4.5% p.a. The tenure can be stretched to 3 years.
You can also use a TCC Consolidation Loan to reduce the weight of the interest burden on your unsecured credit lines and become debt-free faster. Flat interest rates on this loan start from 6.99% p.a. For other unexpected financial emergencies, use a TCC Personal Loan at an affordable interest rate of 6.99% p.a. Read on to know more about all the personal loan products offered by TCC.
TCC offers 3 different personal loan products. Each is designed to solve a specific problem. Here’s a look at them:
TCC Personal Loan: To follow your dreams, sometimes you need money along with passion. This loan from TCC Credit Co-operative can solve your money problems and help you reach your destination. You can borrow up to 6x your monthly earnings or joint monthly income, in case of a joint loan application. The tenure can be from 1 year to 5 years. Flat rate of interest starts from 6.99% p.a.
TCC Marriage Loan: Need money to organise your dream wedding? With this loan, you can borrow up to 6x your monthly income, subject to a certain cap. The loan repayment period can be between 1 year and 3 years. Nominal interest rates start from 4.5% p.a. for this loan.
TCC Consolidation Loan: Tired of managing multiple loan payments? Are you also tired of dealing with high interest rates on multiple existing credit facilities? With this loan, you can consolidate outstanding balances you have on multiple unsecured loan accounts, and enjoy applied interest rates as low as 6.99% p.a. You can borrow up to 6x your monthly income and stretch loan payments up to 5 years.
Here are some features/benefits that you can expect from TCC loans:
If you decide to opt for a TCC loan for personal use, you’ll enjoy the following flat interest rates for each:
|Name of Loan Product||Applied Interest Rate|
|TCC Personal Loan||6.99% p.a.|
|TCC Marriage Loan||4.5% p.a.|
|TCC Consolidation Loan||6.99% p.a.|
Provided you choose the right tenure/amount and don’t default on your loan, you can savings can be significant.
Keep the following points in mind before you apply for a loan from TCC:
Here are the important eligibility conditions that the main and/or joint applicants will have to satisfy for each loan:
A surety for a TCC loan has to satisfy the following conditions:
Turn to the specific TCC loan product pages on our website to learn about the supporting documents that may be required for.
Want to apply? Enjoy a hassle-free experience. The relevant application form can be downloaded from the bank’s website. Fill it out and send it to the bank for processing and approval. Call the bank or send an email to the bank to learn more about the application process. It’s true that since TCC maintains exclusivity for its loan products by ensuring that only members can access them, it will be outside the reach of non-members. However, if you’re a member, covering expenses with these loans can make a lot of sense. That’s because interest rates are competitive and the application process is simple. Moreover, being a member may not be too difficult, especially since you’ll be charged no membership fee. Check with the co-operative to know if membership is currently available.