Memberships

Mattanur Co op. Rural Bank provides 4 types of Memberships for our customers. Registered share capital of the Bank is Rupees 10,00,00,000(10 Crores) only, comprising of 4 classes of Members.

TYPE OF MEMBERSHIP/SHARES PHASE VALUE(₹) NUMBERS AUTHORISED CAPITAL(₹)
A CLASS 500 1,50,000 7,50,00,000
B CLASS 5 2,00,000 10,00,000
C CLASS 1,000 5,000 50,00,000
D CLASS 100 1,90,000 1,90,00,000
Total : 10,00,00,000