{"id":13077,"date":"2022-08-22T09:41:44","date_gmt":"2022-08-22T09:41:44","guid":{"rendered":"https:\/\/www.megaserverstore.com\/mcsmutualaid\/?page_id=13077"},"modified":"2025-04-10T09:05:51","modified_gmt":"2025-04-10T09:05:51","slug":"spouse-loan","status":"publish","type":"page","link":"https:\/\/www.megaserverstore.com\/mcsmutualaid\/spouse-loan\/","title":{"rendered":"Spouse Loan"},"content":{"rendered":"\t\t
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Spouse Loan<\/div>\r\n\t\t\t\t\r\n\t\t\t<\/div>\r\n\t\t\t\t

\u00a0<\/p>

Spouse Loan is available to surviving spouse of deceased Public Officers (formerly members of the Association) who are drawing a pension from the Civil Service Family Protection Scheme Board\/Statutory Bodies Family Protection Fund.<\/p>

\u00a0<\/p>

Loan facilities are extended to surviving spouse of deceased members of Municipal and District Councils.<\/p><\/div>\r\n\t\t\t \r\n <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Know more about:<\/div>\r\n\t\t\t\t\r\n\t\t\t<\/div> \r\n <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Loan Table<\/span> \t\t\r\n\t\t\t\t\t\t\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/span><\/div>

Interest rate 9.80%\u00a0<\/strong><\/p>

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<\/td>Period 120 Months<\/th>Period 108 Months<\/th>Period 96 Months<\/th>Period 84 Months<\/th>\n<\/tr>\n<\/thead>\n
Loan<\/td>Minimum<\/td>Deductions<\/td>Minimum<\/td>Deductions<\/td>Minimum<\/td>Deductions<\/td>Minimum<\/td>Deductions<\/td>\n<\/tr>\n
Amount<\/td>Pension<\/td><\/td>Pension<\/td><\/td>Pension<\/td><\/td>Pension<\/td><\/td>\n<\/tr>\n
Rs<\/td>Rs<\/td>Rs<\/td>Rs<\/td>Rs<\/td>Rs<\/td>Rs<\/td>Rs<\/td>Rs<\/td>\n<\/tr>\n
15,000<\/td>491<\/td>197<\/td>524<\/td>210<\/td>565<\/td>226<\/td>619<\/td>247<\/td>\n<\/tr>\n
20,000<\/td>655<\/td>262<\/td>699<\/td>279<\/td>753<\/td>301<\/td>825<\/td>330<\/td>\n<\/tr>\n
30,000<\/td>983<\/td>393<\/td>1,048<\/td>419<\/td>1,130<\/td>452<\/td>1,237<\/td>495<\/td>\n<\/tr>\n
40,000<\/td>1,310<\/td>524<\/td>1,397<\/td>559<\/td>1,507<\/td>603<\/td>1,650<\/td>660<\/td>\n<\/tr>\n
50,000<\/td>1,638<\/td>655<\/td>1,746<\/td>699<\/td>1,884<\/td>753<\/td>2,062<\/td>825<\/td>\n<\/tr>\n
60,000<\/td>1,966<\/td>786<\/td>2,096<\/td>838<\/td>2,260<\/td>904<\/td>2,475<\/td>990<\/td>\n<\/tr>\n
70,000<\/td>2,293<\/td>917<\/td>2,445<\/td>978<\/td>2,637<\/td>1,055<\/td>2,887<\/td>1,155<\/td>\n<\/tr>\n
80,000<\/td>2,621<\/td>1,048<\/td>2,794<\/td>1,118<\/td>3,014<\/td>1,205<\/td>3,300<\/td>1,320<\/td>\n<\/tr>\n
90,000<\/td>2,949<\/td>1,179<\/td>3,143<\/td>1,257<\/td>3,390<\/td>1,356<\/td>3,712<\/td>1,485<\/td>\n<\/tr>\n
100,000<\/td>3,276<\/td>1.310<\/td>3,494<\/td>1,397<\/td>3,767<\/td>1,507<\/td>4,125<\/td>1,650<\/td>\n<\/tr>\n
200,000<\/td>6,552<\/td>2,621<\/td>6,985<\/td>2,794<\/td>7,534<\/td>3,014<\/td>8,249<\/td>3,300<\/td>\n<\/tr>\n
300,000<\/td>9,828<\/td>3,931<\/td>10,478<\/td>4,191<\/td>11,301<\/td>4,521<\/td>12,374<\/td>4,949<\/td>\n<\/tr>\n
400,000<\/td>13,105<\/td>5,242<\/td>13,971<\/td>5,588<\/td>15,069<\/td>6,027<\/td>16,498<\/td>6,599<\/td>\n<\/tr>\n
500,000<\/td>16,381<\/td>6,552<\/td>17,463<\/td>6,985<\/td>18,836<\/td>7,534<\/td>20,623<\/td>8,249<\/td>\n<\/tr>\n
600,000<\/td>19,657<\/td>7,863<\/td>20,956<\/td>8,382<\/td>22,603<\/td>9,041<\/td>24,747<\/td>9,899<\/td>\n<\/tr>\n
700,000<\/td>22,933<\/td>9,173<\/td>24,449<\/td>9,799<\/td>26,370<\/td>10,548<\/td>28,872<\/td>11,549<\/td>\n<\/tr>\n
800,000<\/td>26,209<\/td>10,484<\/td>27,941<\/td>11,176<\/td>30,137<\/td>12,055<\/td>32,996<\/td>13,198<\/td>\n<\/tr>\n
900,000<\/td>29,485<\/td>11,794<\/td>31,434<\/td>12,574<\/td>33,904<\/td>13,562<\/td>37,121<\/td>14,848<\/td>\n<\/tr>\n
1,000,000<\/td>32,761<\/td>13,105<\/td>34,927<\/td>13,971<\/td>37,671<\/td>15,069<\/td>41,245<\/td>16,498<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p><\/div><\/div>
Repayment<\/span> \t\t\r\n\t\t\t\t\t\t\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/span><\/div>

Repayment periods up to 18 years depending on applicant\u2019s age.<\/p><\/div><\/div>

New Loan Application<\/span> \t\t\r\n\t\t\t\t\t\t\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/span><\/div>

New Loan may be applied after having refunded 8 monthly instalments.<\/p><\/div><\/div>

Security<\/span> \t\t\r\n\t\t\t\t\t\t\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/i><\/span>\r\n\t\t\t\t<\/span><\/div>