Who Can Be The Member Of Society?

Any Permanent employee of TATA STEEL LIMITED can join our society as a member.

Rule for Joining our Society?

A person aspiring to join our society has to first fill up the membership form which is available in our society office. Last three months' salary slip has to be attached with the membership form (Salary slips will be returned). If the person seeking membership was a member of any other society prior to applying for membership of our society, he / she has to submit the NOC from that society. The Management committee will scrutinise the application and if everything is in order will approve the membership application.

Membership

Once you become a member of The TISCO Electric Department Co-operative Credit Society Ltd., you are allotted fifteen (15) shares of Rs. 20/- each. This gives you a right to participate in the management process of the organization through the A.G.M. You can otherwise also post your suggestion for improving the functioning of the society. Our society functions like a well oiled machine and we understand each other so well that we have spontaneously started treating our members as part of “The Tisco Electric Department Cooperative Credit Society Ltd.”. Because of the avowed objective of this initiative when we committed our selves to ensure welfare of our membership through financial support we are improving the standards of life and rendering all possible technology driven financial services to our members under one roof.Member will be eligible for Loan only after one year of Membership.

Eligibility Of Loan

Those members who are applying first time for Membership to the society will be eligible for loan only after 6(six) months of membership, w.e.f 11.10.2023.

Those members who join from other society and members who rejoin The Tisco Electric Dept Cooperative Credit Society Ltd. after resignation will be eligible for loan for after 1 year of Membership w.e.f from 11.10.2023.