Membership
HOW DOES OUR MEMBERSHIP WORK?
To become a member of Navabharatha Souharda Sahakari Niyamitha, you are required to apply for at least one share of the Sahakari having face value of ₹1000, subject to Sahakari Management approval for allotment. This gives you the right to participate in the management process of the organization through the (Annual General Meeting) A. G. M. other than various other rights. You can otherwise also post your suggestions for improving the functioning of the sahakari. We understand each other so well that we treat all our members as part of “Navabharatha Souharda Sahakari Niyamitha Pariwar”. Because of the affirmed objective of this initiative, when we committed ourselves to ensure welfare of our membership through financial support we are improving the standards of life and rendering all possible technology driven financial services under one roof.
WHO CAN BE A MEMBER OF THE SAHAKARI?
Any person, who has attained the age of 18 years, is capable of entering a valid contract, not a member of any other Societies, not punished for any criminal offence by the court of law, a resident of Karnataka. The application for membership of the sahakari shall be submitted by the applicant in the prescribed form along with KYC documents.
BECOME A MEMBER OF NAVABHARATHA
Navabharatha Souharda Sahakari Niyamitha will deliver the best of financial products and services.
We give you guaranteed secure returns on the deposits you make. So if you fit in the criteria of becoming a member of the sahakari, then come forward as we would love to have a member like you.
Note: The Rights to accept/ reject Membership application/s are reserved with the Navabharatha Souharda Sahakari Niyamitha Management.
Rs. 1000/- per share issued at the face value
No of Shares | Per Share Value | Total Share Values | Share Fees | Admission fees | Building Fund | Death Fund | Total |
|---|---|---|---|---|---|---|---|
1 | 1000 | 1000 | 50 | 100 | 500 | 500 | 2150 |
2 | 1000 | 2000 | 100 | 100 | 500 | 500 | 3200 |
3 | 1000 | 3000 | 150 | 100 | 500 | 500 | 4250 |
4 | 1000 | 4000 | 200 | 100 | 500 | 500 | 5300 |
5 | 1000 | 5000 | 250 | 100 | 500 | 500 | 6350 |
6 | 1000 | 6000 | 300 | 100 | 500 | 500 | 7400 |
7 | 1000 | 7000 | 350 | 100 | 500 | 500 | 8450 |
8 | 1000 | 8000 | 400 | 100 | 500 | 500 | 9500 |
9 | 1000 | 9000 | 450 | 100 | 500 | 500 | 10550 |
10 | 1000 | 10000 | 500 | 100 | 500 | 500 | 11600 |
15 | 1000 | 15000 | 750 | 100 | 500 | 500 | 16850 |
20 | 1000 | 20000 | 1000 | 100 | 500 | 500 | 22100 |
25 | 1000 | 25000 | 1250 | 100 | 500 | 500 | 27350 |
50 | 1000 | 50000 | 2500 | 100 | 500 | 500 | 53600 |