Membership — SGEDCS, Sivagangai

Getting Started

How to Join

Becoming a member is simple — four steps and a handful of documents.

1

Check Eligibility

All permanent and temporary employees of TANGEDCO — Sivagangai Electricity Distribution Circle are eligible.

2

Collect the Form

Get the membership application form from our office at the TNEB Office Complex, Sivagangai.

3

Submit Documents

Return the completed form along with the required documents listed below.

4

Start Saving

Once approved, your monthly savings begin through convenient salary deduction.

Eligibility & Documents

Eligibility: All permanent and temporary employees of TANGEDCO — Sivagangai Electricity Distribution Circle are eligible to become members.

Documents Required

Aadhaar Card / PAN Card
Salary Certificate
Passport Size Photo (2 copies)
Bank Account Details

Member Benefits

Lower interest rates on loans compared to banks
Higher interest rates on savings deposits
Annual dividend distribution from profits
Quick and hassle-free loan approval
Emergency financial assistance
Free life insurance coverage
Retirement and pension benefits
Family welfare schemes

Good to Know

Frequently Asked Questions

Find answers to common queries about membership and our services.

How can I become a member of the society?

Any permanent or temporary employee of TANGEDCO — Sivagangai Electricity Distribution Circle can become a member. You need to fill the membership application form and submit it along with an Aadhaar/PAN card copy, salary certificate, passport photos and bank details.

What is the minimum monthly savings amount?

The minimum monthly savings is ₹500, which is automatically deducted from your salary. You can choose to save more based on your preference, in multiples of ₹100.

How long does loan approval take?

Regular loans are typically processed within 3–5 working days after document verification. Emergency loans can be approved within 24 hours subject to eligibility and document completion.

Can I withdraw my savings anytime?

Yes, you can withdraw your savings by submitting a withdrawal form. Partial withdrawals are allowed, and the amount will be credited to your bank account within 2–3 working days.

What is the maximum loan amount I can avail?

The maximum loan amount depends on your savings balance, years of membership and repayment capacity. Generally, you can avail up to 3 times your total savings for personal loans. Housing loans have higher limits based on property value.

Do retired employees retain membership?

Yes, retired employees can continue their membership. They can maintain their savings, earn dividends and avail loans based on their deposit balance. Loan recovery will be from pension or through post-dated cheques.

Still Have Questions?

Call us, email us, or drop by the office — our team is happy to walk you through the membership process.

Contact Us