Member share Management

This video explains about Member management module of Credit Co-operative Society. Video has following important information: 

  • How someone can become a member of a Credit Co-operative Society.
  • What all information one needs to provide to become a member of a society?
  • To become a member one need to provide own personal information, ID proof (any Govt. approve document such as Aadhar, PAN, Driving license etc.). One must need to buy number shares to be a part of society. Each share cost is just Rs 100, its standard same for each society. One may need to pay some minimal fee (Admission, welfare etc) depend on society to society.
  • Once one becomes a member, member can buy or return shares to society. I f member hold shares for long time then member gets dividend periodically as per society policy.