OUR SERVICES
Mobile Banking Services and SMS
This organization provides mobile banking and SMS services for the convenience of its members. The service has been operated. Through this, the members will be able to do cashless transactions by taking all the services sitting at home. Various bills can be paid, mobile recharge, cooperative money can be transferred to the bank account and bank money can be deposited in the cooperative’s account.
Social Services Member Protection Fund
Based on the contribution of the members, the co-operative society will deposit 25% of the reserve fund, 25% of the protected capital fund and 5% of the cooperative promotion fund, while the remaining amount will be deposited in other funds and 5% in the member protection fund. The members who join this fund will get Rs. You have to deposit 500. On the basis of the year of contribution, in case of disability or premature death due to accident, flood, landslide, fire, action expenses and compensation expenses will be provided. General members and members who have managed Jyotidaya Savings accounts will receive cash assistance as mentioned below.
In case of female members, 2000 will be provided to maternity allowance is only once in a lifetime. Family means mother, father, wife, son, daughter, religion son & religion daughter & in case of women mother-in-law, father-in-law, husband, son, daughter, son-in-law, religion daughter.
Members not affiliated with this fund will not receive any benefits. Members affiliated with the fund will receive treatment expenses equivalent to ordinary members based on the duration of their contributions in cases of cancer, kidney disease, stroke, heart attack, coma, Alzheimer’s, and complete blindness.
Protected Capital Fund
According to the Cooperative Act 2074 BS, the amount is deposited in various funds according to the profit earned by the co-operative society in a year. Among them is the protected capital fund in which 25% of the amount is deposited.
Which is the amount to be distributed to the members. 40% of the amount deposited in the fund will be distributed to the saver and 60% to the borrower. On the basis of the interest received annually to the savings members and to the borrowers, the loan is distributed only by the members who pay the regular installment by paying the principal and interest without crossing the burden of the loan. Only the members of the undistributed savings account, regular savings account, special savings account, women’s group savings account and pension savings account will be able to participate in the protected capital fund. In this way, the members are financially involved in the distribution of the amount of protected capital fund.