Janakalyan Co-operative Credit Society Ltd.
[ An Urban Credit Co-operative Society (UCC) ]
"Add small to make large"
Share Amount plan
Maximun 12% Yearly on Share Amount
Terms & Conditions :
(1) A member can purchase a minimum one share @ Rs. 100/- each.
(2) A member can purchase maximum share of 1/5 of total paid up share capital.
(3) A member can get maximum 12% divident in a year.
(4) A member can request for refund for share money subject to following conditions.
* He/She has completed 1 year as a member of the society.
* There should not be outstanding/liabilities in his /her name as debtor/guarantor.
* There should be no deposits in his/her name, with the society.
(5) Share will be transferred in the name of other member subject to following conditions :-
* The member attains the right to transfer Share Money only after he/she has completed 1 year as member of the society.
* The member has to pay share transfer fee Rs. 10/-.