Basic Membership Plan – Membership Plan-1 | Money Gold Co-operative Society

Comprehensive Overview of Basic Membership Plan – Membership Plan-1

The Basic Membership Plan at Money Gold Co-operative (U) Thrift & Credit Society Ltd. is tailored for individuals taking their first step into the world of co-operative savings and financial empowerment. With a total contribution of ₹1,500, this plan offers new members a structured and transparent entry point into the society’s benefits and facilities.

Members enrolling in this plan pay a nominal Membership Fee of ₹100 along with Share Money of ₹500, which grants them participation and ownership within the society. The Compulsory Deposit (CD) of ₹300 ensures steady savings growth, while contributions to the Co-operative Kalyan Fund (₹200) and Co-operative Education / Building Fund (₹200) help support welfare initiatives and infrastructure development of the society. A small Miscellaneous Fee (₹200) covers administrative costs, making the total contribution ₹1,500.

Members under this plan are entitled to secure savings facilities and access to small loan options, making it easier to manage short-term financial needs without relying on high-interest lenders. This plan emphasises financial security, ensuring that even new members can gradually build savings while benefiting from the society’s transparent and ethical practices.

The Basic Membership also promotes community participation. Members are encouraged to take part in meetings, discussions, and activities that support collective growth. Through this plan, every new member not only secures personal financial benefits but also actively contributes to the co-operative’s mission of welfare, education, and community development.

Ideal for first-time entrants, this plan combines structured deposits, transparent management, and easy access to small loans, creating a strong foundation for a long-term association with Money Gold Co-operative Society. Begin your journey with the Basic Membership Plan and experience a secure, reliable, and growth-oriented financial environment.

Why Choose Membership Plan-1?

Membership Plan-1, also known as the Basic Membership Plan, is an ideal choice for individuals looking to start their financial journey with Money Gold Co-operative (U) Thrift & Credit Society Ltd.. This plan is designed to provide secure savings, access to small loan facilities, and a transparent co-operative experience from the very beginning.

By choosing this plan, members benefit from a well-defined contribution structure that includes Membership Fees, Share Money, Compulsory Deposit (CD), Co-operative Kalyan Fund, Education / Building Fund, and a nominal Miscellaneous Fee. These contributions help build individual financial stability while supporting the co-operative’s welfare programs and operational strength.

Key reasons to choose Membership Plan-1:

• Easy Entry: Low initial contribution of ₹1,500 makes it accessible for new members.
• Financial Security: Structured deposits and share participation create a stable financial base.
• Loan Eligibility: Access to small loans to meet personal or emergency financial needs.
• Community Participation: Members can engage in meetings and contribute to society decisions.
• Transparent Management: Clear documentation and ethical practices ensure trust and reliability.

Choosing the Basic Membership Plan is the right step for new members seeking a balance of secure savings, financial empowerment, and participation in a trusted co-operative society. Start your journey with Membership Plan-1 and experience a supportive, transparent, and growth-focused financial environment with Money Gold Co-operative.