Memberships

Memberships

: Any person who want do transactions with the Society, Primarily he/ she should become a member of the society by obtaining one share from the society by paying Rs. 105/-. Initially only one share will be allotted.. Each share price is Rs. 100/-. Admission fee each share is Rs. 5/- and maximum fees is Rs. 500/- only. At the time of availing loan Member can have maximum 1400 shares (worth Rs. 1,40,000/-) or 5% of the loan amount which is ever is low. Member ship will not be cancelled until completion of one year period from the date of opening.

For opening current account applicants should have a registered firm and they should obtain Associated membership with the society. Each share price is Rs. 25/- and admission fee is Rs. 5/-per share