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 |