Employee Credit Cooperative Society is a staff welfare society that is created in most
Government,
public and private organizations. They can be the shareholders of that company. It is owned by the
members.
Each member has one voting share.
After ECC society set members to deposit money by way of saving accounts, recurring, and fixed deposits.
Those shared funds are available at a very nominal rate of interest for the members who want to take loan
for society.
They can grant loans, and provide assistance and concessions from internal and external sources.
To know more please visit:
https://cooperative-society-software.com/employee-credit-cooperative-society/
Posted on 03/20/24
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