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+91 22 2202 5452
info@mantralayacoopbank.com
Opening: 10:00 am to 5:00 pm
  • Members Welfare Fund is an addition service to it’s members
  • Members shall avail immediate personal loan of Rs 2500000/-
  • Member shall get Rs 200000 in case of death addition Rs 50000 also paid in a small annual contribution of Rs 600.
  • Also render financial assistance of Rs 10000/- to the bereaved family of a member in the event of his/her death.
  • A member who is granted a special loan to meet cost of education, illness and purchase of computer will be entitled to a subsidy equal to half the amount of interest changeable to him on annual basis.
  • Where a loan granted to a member under special loan to meet cost of serious illness remain unpaid on account of death of the member the balance of the loan outstanding along with the interest due thereon, if any will be debited to the member welfare fund.
  • Members shall avail Thrift deposit with higher interest.
  • Loan facility shall avail with minimum documents
  • Members shall avail higher rate of dividend on share capital.
  • Right to vote in the general election to the Board of the Bank, however no member shall be permitted vote by proxy.
  • An Active Member can exercise all other rights of an ordinary member as mentioned in the Bye-law