{"id":13109,"date":"2022-08-22T13:08:29","date_gmt":"2022-08-22T13:08:29","guid":{"rendered":"https:\/\/www.megaserverstore.com\/mcsmutualaid\/?page_id=13109"},"modified":"2023-11-20T10:11:43","modified_gmt":"2023-11-20T10:11:43","slug":"special-loan-schemes-category-b","status":"publish","type":"page","link":"https:\/\/www.megaserverstore.com\/mcsmutualaid\/special-loan-schemes-category-b\/","title":{"rendered":"Special Loan Schemes (Category B)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"13109\" class=\"elementor elementor-13109\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1576433 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1576433\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d946d6b\" data-id=\"d946d6b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ec3816 elementor-widget-mobile__width-initial elementor-widget elementor-widget-tf-heading-section\" data-id=\"1ec3816\" data-element_type=\"widget\" data-widget_type=\"tf-heading-section.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"tf-heading-section-1ec3816\" class=\"tf-heading-section style2\" data-tabid=\"1ec3816\"> \r\n\t\t\t\t\r\n\t\t\t<div class=\"heading-section\">\r\n\t\t\t\t<div class=\"before-title\">Special Loan Schemes (Category B)<\/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<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-aecffa2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aecffa2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-5636470\" data-id=\"5636470\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bab43c4 elementor-widget-mobile__width-initial elementor-widget elementor-widget-tf-heading-section\" data-id=\"bab43c4\" data-element_type=\"widget\" data-widget_type=\"tf-heading-section.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"tf-heading-section-bab43c4\" class=\"tf-heading-section style2\" data-tabid=\"bab43c4\"> \r\n\t\t\t\t\r\n\t\t\t<div class=\"heading-section\">\r\n\t\t\t\t\r\n\t\t\t\t<h2 class=\"heading\">National Transport Corporation (NTC) (Governed By NRB Conditions)<\/h2>\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<div class=\"elementor-element elementor-element-e55cacd elementor-widget-mobile__width-initial elementor-widget elementor-widget-tfaccordion\" data-id=\"e55cacd\" data-element_type=\"widget\" data-widget_type=\"tfaccordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"tf-accordion\"> \r\n\t\t\t\t<div class=\"tf-accordion-item \"><div class=\"accordion-title icon_after \"><span class=\"title-text\">PERSONAL LOAN<\/span> \t\t\r\n\t\t\t\t<span class=\"wrap-accordion-icon wrap-accordion-icon-right\">\t\t\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-close\"><i class=\"fas fa-arrow-right\"><\/i><\/span>\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-open\"><i class=\"fas fa-arrow-down\"><\/i><\/span>\r\n\t\t\t\t<\/span><\/div> <div class=\"accordion-content\"><ul><li style=\"text-align: justify;\">New loan up to Rs 200,000 maximum<\/li><li style=\"text-align: justify;\">Thereafter, up to Rs 250,000<\/li><li style=\"text-align: justify;\">Repayment period up to 8 years<\/li><li style=\"text-align: justify;\">Two guarantors from NRB or one or two from PRB or outside NTC<\/li><li style=\"text-align: justify;\">Age limit of 55 years<\/li><\/ul><\/div><\/div><div class=\"tf-accordion-item \"><div class=\"accordion-title icon_after \"><span class=\"title-text\">Conditions<\/span> \t\t\r\n\t\t\t\t<span class=\"wrap-accordion-icon wrap-accordion-icon-right\">\t\t\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-close\"><i class=\"fas fa-arrow-right\"><\/i><\/span>\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-open\"><i class=\"fas fa-arrow-down\"><\/i><\/span>\r\n\t\t\t\t<\/span><\/div> <div class=\"accordion-content\"><ul><li style=\"text-align: justify;\">Employees of NTC (NRB) are not entitled for Mutual Aid Quick Loan (MQL).<\/li><li style=\"text-align: justify;\">Qualifying condition for entitlement of loans: more than 5 years of service.<\/li><li style=\"text-align: justify;\">The employee availing for a loan with the Association, shall give an undertaking to the management of the NTC whereby he\/she gives full rights to the NTC to deduct his\/her gratuity\/benefits and submit same to Mutual Aid. A certified copy of the said undertaking form signed and addressed to the NTC must be submitted at time of loan application.<\/li><li style=\"text-align: justify;\">The signatures of the applicant and the guarantors on the application forms to be made in the presence of an officer of the Association.<\/li><\/ul><p style=\"text-align: justify;\"><strong>Click to download forms<\/strong><\/p><ul><li style=\"text-align: justify;\"><a href=\"http:\/\/www.mcsmutualaid.mu\/files\/SICOM_Undertaking_Form.pdf\" target=\"_blank\" rel=\"noopener\">Undertaking Form<\/a><\/li><li style=\"text-align: justify;\"><a href=\"http:\/\/www.mcsmutualaid.mu\/files\/LDAF_C_NTC.pdf\" target=\"_blank\" rel=\"noopener\">Loan Deduction Authority Form (LDAF- Gratuity payable by NTC)<\/a><\/li><\/ul><\/div><\/div>\r\n            <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-76f9088 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"76f9088\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-40cf73e\" data-id=\"40cf73e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-013902e elementor-widget-mobile__width-initial elementor-widget elementor-widget-tf-heading-section\" data-id=\"013902e\" data-element_type=\"widget\" data-widget_type=\"tf-heading-section.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"tf-heading-section-013902e\" class=\"tf-heading-section style2\" data-tabid=\"013902e\"> \r\n\t\t\t\t\r\n\t\t\t<div class=\"heading-section\">\r\n\t\t\t\t\r\n\t\t\t\t<h2 class=\"heading\">Casino De Maurice<\/h2>\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<div class=\"elementor-element elementor-element-c90a1ff elementor-widget-mobile__width-initial elementor-widget elementor-widget-tfaccordion\" data-id=\"c90a1ff\" data-element_type=\"widget\" data-widget_type=\"tfaccordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"tf-accordion\"> \r\n\t\t\t\t<div class=\"tf-accordion-item \"><div class=\"accordion-title icon_after \"><span class=\"title-text\">PERSONAL LOAN<\/span> \t\t\r\n\t\t\t\t<span class=\"wrap-accordion-icon wrap-accordion-icon-right\">\t\t\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-close\"><i class=\"fas fa-arrow-right\"><\/i><\/span>\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-open\"><i class=\"fas fa-arrow-down\"><\/i><\/span>\r\n\t\t\t\t<\/span><\/div> <div class=\"accordion-content\"><ul><li style=\"text-align: justify;\">Maximum loan up to Rs 350,000<\/li><li style=\"text-align: justify;\">Thereafter, up to Rs 500,000<\/li><li style=\"text-align: justify;\">Repayment period up to 13.5 years (up to age 55)<\/li><li style=\"text-align: justify;\">Two guarantors from Casino or outside the organization<\/li><\/ul><\/div><\/div><div class=\"tf-accordion-item \"><div class=\"accordion-title icon_after \"><span class=\"title-text\">Conditions<\/span> \t\t\r\n\t\t\t\t<span class=\"wrap-accordion-icon wrap-accordion-icon-right\">\t\t\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-close\"><i class=\"fas fa-arrow-right\"><\/i><\/span>\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-open\"><i class=\"fas fa-arrow-down\"><\/i><\/span>\r\n\t\t\t\t<\/span><\/div> <div class=\"accordion-content\"><ul><li style=\"text-align: justify;\">Guarantors can only guarantee for two times.<\/li><li style=\"text-align: justify;\">Employees of Casino De Maurice are not entitled for Mutual Aid Quick Loan (MQL).<\/li><li style=\"text-align: justify;\">Total deduction on payslip should not exceed 50% of the applicant salary including Mutual Aid deduction.<\/li><\/ul><\/div><\/div>\r\n            <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-789ac92 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"789ac92\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-61a968e\" data-id=\"61a968e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a242bb elementor-widget-mobile__width-initial elementor-widget elementor-widget-tf-heading-section\" data-id=\"1a242bb\" data-element_type=\"widget\" data-widget_type=\"tf-heading-section.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"tf-heading-section-1a242bb\" class=\"tf-heading-section style2\" data-tabid=\"1a242bb\"> \r\n\t\t\t\t\r\n\t\t\t<div class=\"heading-section\">\r\n\t\t\t\t\r\n\t\t\t\t<h2 class=\"heading\">National Empowerment Fund (NEF)<\/h2>\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<div class=\"elementor-element elementor-element-486c3d6 elementor-widget-mobile__width-initial elementor-widget elementor-widget-tfaccordion\" data-id=\"486c3d6\" data-element_type=\"widget\" data-widget_type=\"tfaccordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"tf-accordion\"> \r\n\t\t\t\t<div class=\"tf-accordion-item \"><div class=\"accordion-title icon_after \"><span class=\"title-text\">PERSONAL LOAN<\/span> \t\t\r\n\t\t\t\t<span class=\"wrap-accordion-icon wrap-accordion-icon-right\">\t\t\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-close\"><i class=\"fas fa-arrow-right\"><\/i><\/span>\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-open\"><i class=\"fas fa-arrow-down\"><\/i><\/span>\r\n\t\t\t\t<\/span><\/div> <div class=\"accordion-content\"><ul><li style=\"text-align: justify;\">New loan up to Rs 100,000<\/li><li style=\"text-align: justify;\">Thereafter, up to Rs 100,000<\/li><li style=\"text-align: justify;\">Repayment period up to 4 years<\/li><li style=\"text-align: justify;\">Two guarantors (at least one must be from outside NEF)<\/li><\/ul><\/div><\/div><div class=\"tf-accordion-item \"><div class=\"accordion-title icon_after \"><span class=\"title-text\">Conditions<\/span> \t\t\r\n\t\t\t\t<span class=\"wrap-accordion-icon wrap-accordion-icon-right\">\t\t\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-close\"><i class=\"fas fa-arrow-right\"><\/i><\/span>\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-open\"><i class=\"fas fa-arrow-down\"><\/i><\/span>\r\n\t\t\t\t<\/span><\/div> <div class=\"accordion-content\"><ul><li style=\"text-align: justify;\">Qualifying condition for entitlement of loans should be more than 3 years of service.<\/li><li style=\"text-align: justify;\">Employees of NEF are not entitled for Mutual Aid Quick Loan (MQL).<\/li><li style=\"text-align: justify;\">Salary pledge to be submitted.<\/li><\/ul><p style=\"text-align: justify;\">Click to download forms<\/p><ul><li style=\"text-align: justify;\"><a href=\"http:\/\/www.mcsmutualaid.mu\/files\/LDAF_D_NEF.pdf\" target=\"_blank\" rel=\"noopener\">Loan Deduction Authority Form (LDAF- Gratuity payable by NEF)<\/a><\/li><\/ul><\/div><\/div>\r\n            <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-fad1e33 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fad1e33\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-7a7dcd5\" data-id=\"7a7dcd5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a17c3fa elementor-widget-mobile__width-initial elementor-widget elementor-widget-tf-heading-section\" data-id=\"a17c3fa\" data-element_type=\"widget\" data-widget_type=\"tf-heading-section.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"tf-heading-section-a17c3fa\" class=\"tf-heading-section style2\" data-tabid=\"a17c3fa\"> \r\n\t\t\t\t\r\n\t\t\t<div class=\"heading-section\">\r\n\t\t\t\t\r\n\t\t\t\t<h2 class=\"heading\">Mauritius Port Authority (MPA)<\/h2>\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<div class=\"elementor-element elementor-element-f526408 elementor-widget-mobile__width-initial elementor-widget elementor-widget-tfaccordion\" data-id=\"f526408\" data-element_type=\"widget\" data-widget_type=\"tfaccordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"tf-accordion\"> \r\n\t\t\t\t<div class=\"tf-accordion-item \"><div class=\"accordion-title icon_after \"><span class=\"title-text\">PERSONAL LOAN<\/span> \t\t\r\n\t\t\t\t<span class=\"wrap-accordion-icon wrap-accordion-icon-right\">\t\t\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-close\"><i class=\"fas fa-arrow-right\"><\/i><\/span>\r\n\t\t\t\t<span class=\"accordion-icon accordion-icon-open\"><i class=\"fas fa-arrow-down\"><\/i><\/span>\r\n\t\t\t\t<\/span><\/div> <div class=\"accordion-content\"><p style=\"text-align: justify;\">Loan scheme to employees of MPA are currently being reviewed. Consequently, loan applications are being put on hold until further notice.<\/p><\/div><\/div>\r\n            <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Special Loan Schemes (Category B) National Transport Corporation (NTC) (Governed By NRB Conditions) PERSONAL LOAN New loan up to Rs 200,000 maximum Thereafter, up to Rs 250,000 Repayment period up to 8 years Two guarantors from NRB [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-13109","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Special Loan Schemes (Category B) | MCS Mutual Aid<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.megaserverstore.com\/mcsmutualaid\/special-loan-schemes-category-b\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Special Loan Schemes (Category B) | MCS Mutual Aid\" \/>\n<meta property=\"og:description\" content=\"Special Loan Schemes (Category B) National Transport Corporation (NTC) (Governed By NRB Conditions) PERSONAL LOAN New loan up to Rs 200,000 maximum Thereafter, up to Rs 250,000 Repayment period up to 8 years Two guarantors from NRB [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.megaserverstore.com\/mcsmutualaid\/special-loan-schemes-category-b\/\" \/>\n<meta property=\"og:site_name\" content=\"MCS Mutual Aid\" \/>\n<meta property=\"article:publisher\" 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