Members are the share holders of the co-operative bank. An individual who satisfies the conditions as laid down in the KCS Act and Rules and the bye-law of the Bank can apply for a membership of the bank in the prescribed form. The applications can be had from the bank during office hours.
Value of one share: ₹ 25
Entrance Fee: ₹ 10 for an application
The filled-in application forms with necessary amount, two passport size photos and address proof is to be submitted in the bank office during banking hours. The Board of Directors will consider these applications in their subsequent meeting. (for a membership, an applicant has to subscribe at least 4 shares.)
Membership Positions as on 31-03-2018 | ||
---|---|---|
Categories | No. of Members | Share Capital |
A Class Share | 12198 | ₹3,69,75,375.00 |
B Class Share | 1 | ₹5,00,000.00 |
C Class Share | 3940 | ₹1,16,24,030.00 |