MEMBERSHIP

SINCE THE VISHAY JABIL AND HELVOET EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LTD IS REGISTERED UNDER REGISTRAR OF MAHARASTRA (MUMBAI) COOPERATIVE SOCIETY TO DO ANY SORT OF ACTIVITY LIKE OPENING AN ACCOUNT OR GETTING IN A LOAN FROM VISHAY JABIL AND HELVOET EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LTD, FIRST OF ALL ONE HAS TO BECOME A MEMBER OF THE VISHAY JABIL AND HELVOET EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LTD.

ELIGIBILITY TO BECOME A MEMBER

ANY PERSONS WHO IS PERMANENT EMPLOYEE OF VISHAY COMPONENTS IND PVT LTD.LONI KALBHOR. JABIL CERCUIT IND PVT LTD. RANJANGAON AND HELVOET RUBBER AND PLASTICS TECH IND PVT LTD. LONI KALBHOR. IS CAPABLE OF ENTERING IN A VALID CONTRACT AND ITS EMPLOYEE CAN BECOME A MEMBER OF VISHAY JABIL AND HELVOET EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LTD AFTER PURCHASING MINIMUM 1 SHARES (RS. 500/-) THE PRESCRIBED APPLICATION FORM FOR MEMBERSHIP CAN BE HAD FROM THE SOCIETY ON REQUEST. THE MEMBERSHIP APPLICATION FOR ADMISSION HAS TO SEND THE SECRETARY ALONG WITH A DEMAND DRAFT OR LOCAL CHEQUE IN FAVOUR OF THE SOCIETY FOR RS 600 TOWARDS SHARE CAPITAL RS 500 (1 SHARE OF RS 500 EACH) ENTRANCE FEE RS 100

NO PERSON SHALL BE A MEMBER UNLESS

• HIS APPLICATION IN THE PRESCRIBED FORM FOR MEMBERSHIP HAS BEEN APPROVED BY THE MANAGING COMMITTEE • HE HAS EITHER PURCHASED ONE SHARE AND PAID HIS FIRST MONTHLY SUBSCRIPTION UNDER BYE-LAW • HE GIVES IN WRITING AN IRREVOCABLE AUTHORITY IN PRESCRIBED TO HIS EMPLOYER TO RECOVER BY DEDUCTION THROUGH HIS SALARY DUES PAYABLE BY HIM TO THE SOCIETY