The Vision Cooperative Urban Thrift & Credit Society Ltd. is run by the Board of Governors and the task of planning and policy formulation lies in the authority of the Board of Governors. Society and its various deposit schemes by the common man’s endeavor for economic development.
WHO CAN BE A MEMBER OF SOCIETY?
The membership of the society is open to all Persons who are working and residing in Delhi/NCT.
Minor children can also take membership under the guardianship of their parents for small thrift only. We observe and comply with all the society’s by-laws and decisions made by organs of the society in accordance with the by-laws. buy and pay-up for shares or make any payments as provided for in the by-laws of the society. patronize the society’s products. attend members‘ education meetings.
Any person who has attained the age of 18 years, is capable of entering a valid contract, member of Indian undivided family, Business, a company registered under companies Act, a partnership firm, a limited liability partnership firm, any trust, Institutions etc. can become a member of the Society .
Documents Required For Membership
- Adhaar Card / Voter ID / Driving License
- Salary Slip of last 3 months.
- Bank Statement of last 6 months.
- 2 Passport size photographs.
- Cancelled Cheque
- KYC Form
CRITERIA FOR OPENING SAVINGS ACCOUNT
Rate Of Interest @ 15% p.a.
The applicant must be a member of the Society.
~Minimum Deposit Amount~
Rs. 100/- and further in multiple of Rs. 100.
Nomination Facility Available
No TDS is applicable on the interest earned on deposit
Offers high interest rates.
Saving Account Passbook will be provided.
Any time deposit and withdrawal.
Zero balance account.
|Share Money||Rs. 9000/-|
|Compulsory Deposit||Rs. 1200/-|
|Optional Deposit||Rs. 100/-|
|Building Fund||Rs. 700/-|
|Member Welfare Fund||Rs. 1000/-|
|Membership Fees||Rs. 12000/-|