Share Holders

The Bank offers you to become the Shareholder by purchasing minimum 200 shares at 50 each. Hence, you can become a Shareholder by Depositing Rs.10000/- plus entrance fee of Rs. 100/-. The Shareholders get dividend every year on the amount of shares. The rate of dividend is decided every year in the Annual General Meeting for the Bank.

The Shareholders have rights to vote in the Election of the Board of Directors as per Act & Byelaws.

To Become a shareholder, you must have a Saving account in the Bank. It is necessary to become a shareholder to get loans from the Bank.

At the end of March 2023, the total number of members of our bank is 7786 and also the total share capital is 8 crore 87 lakh.

The Shahada People's Co-op Bank Ltd
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