Membership

A member in the co-operative societies will do the individual members in development of savings culture. Savings culture means, irrespective of how much you earn today, and your needs, you put something aside for tomorrow, or invest to make additional income. This however, is a great challenge for many people, especially for low income people, whose needs are far more than what they earn.

The member will benefit from co-operative societies as an individual is easily access to loans and can enjoy a share of the profits. The membership is another benefit of co-operative to an individual while compare these benefits to investment in shares or bonds or in a collective investment scheme.

The member will get additional benefit of discount on safe deposit lockers and also in processing fee on loans given by the society.

How can be a member in the society ?

Must be a citizen of India and must be complete age at 18 years. A member can enroll with a minimum of one share and a maximum of 200 shares value of Rs.500/- each share.