How to become a member?
S.No. |
Category |
Type of Entity
|
Minimum Share
Contribution For
Membership
|
1 |
Class-1* |
Any entity as per MSCS Act |
2,00,000 share of Face value Rs.1,000 each (Rs. 2000 Lakh) |
2 |
Class-2 |
State/ Apex Level Cooperative Society/ Federation and Multi-State Cooperative Society |
1,000 share of Face value Rs. 1,000 each (Rs. 10 Lakh) |
3 |
Class-3 |
Cooperative Other than State or Primary Cooperative Society |
100 share of Face value Rs. 1,000 each (Rs. 1 Lakh) |
4 |
Class-4 |
Primary Cooperative Society |
21 share of Face value Rs. 1,000 each (Rs. 21 Thousand) |
5 |
Class-5 |
Entity including FPO as permitted by CRCS |
21 share of Face value Rs. 1,000 each (Rs. 21 Thousand) |
* 5 Promoter Members: NDDB (Chief Promoter); GCMMF; NAFED; NCCF; NCDC.
Note: Individuals are not eligible to become members