A permanent employee of
Siemens ltd. & its alliances companies can become a
member of Credit Society after purchasing minimum
1
shares (Rs. 500/-)
SHARE
CAPITAL
Minimum share contribution of Rs.500/- will deduct
from members monthly salary up to Rs.10,000/-. After the
deduction will continue as Member’s Subscription Fund
A/c.
MEMBER
SUBSCRIPTION
FUND
After completion of Rs.10,000/- in the Share Capital,
deduction of subscription will be continue in Member’s
Subscription Fund A/c. Managing Committee decides the
interest rate on Member’s Subscription Fund as per the
financial states.
