This society has been registered under Bihar and Orissa Co-Operative Societies Act 1935, vide Registration No. 7/R dated July 1, 1980.
With a view to inculcating saving habit among members and to provide financial assistance in the form of loans at the time of their need, as also to provide various Welfare Activities.
To become a new member of the Society, he/she must have to fulfill the undernoted eligibility criteria:-
| Enrollment: | ||
|---|---|---|
| One Time Registration Fee: | Rs.25/- | |
| Share Rs. 10/- each: | Rs.100/- |
| Monthly Contribution Scheme: | ||
|---|---|---|
| R.B Fund: | Rs.100/- P.M | |
| F.W.S Fund: | Rs.200/- P.M | |
| Total: | Rs.425/- |
A confirmed employee of State Bank of India, irrespective of Cadre, who is posted in any branch / office under the geographical area of Southern part of erstwhile Bihar State, i.e, presently the geographical area of Ranchi and Dhanbad Zones of the Bank. further, he/she should have at least three years of service remains before retirement.