The Jeevan Sanchay Co-operative Urban Thrift & Credit Society Ltd.
The Co-operative institution ensures upliftment of financially weak individuals who have meager resources.
In a co-operative they can themselves promote their economic interest by self help and mutual help. The
very purpose of co-operative, means to pool the resources of otherwise weaker sections and to make a
suitable place for them in the society with dignity. The thrust is on earning profit, which is finally
distributed equally amongst its members but ultimately profit is not the real motive of any co-operative.
Keeping this philosophy in mind, The Jeevan Sanchay Cooperative Urban Thrift & Credit Society Ltd. was
started under Registration No 08/SW with barely two hundred members at the time of inception by Founder of
the society Sh. Anil Kumar Mathur. There were many people associated with him namely Sh. M.L Suyal, Sh.
Nityanand Aggarwal, Lt. Sh. Satish Kumar Kapoor, Lt. Sh. Subhash Chand Gupta, Sh. Shyam Lal Choudhary, Sh.
Krishan Kumar, Lt. Sh. Rajender Kumar Aggarwal (first fixed depositor of the society) and Sh. Anil Khokhar
(who maintained software of the society in beginning) and all other promoter members. The society was
created to lend funds to its members for the promotion of their moral, educational and physical
improvements and to encourage the spirit and practice of thrift, self help and mutual help with no profit
motive among members. Special Thanks to Lt. Ms. Shakuntala Mathur mother of Sh. Anil Kumar Mathur, who
formed this Cooperative Society to serve for Economic Development and Social Welfare of members, staff of
the society and their children’s.
Currently society is being operated from B-66, B.K Dutt Colony New Delhi: 110003.
The Society disburses three types of loans to its members viz Ordinary Loan, Emergency Loan and Loan against
The Society takes deposits in way of Fixed Deposit, Double Money Scheme, Recurring Deposit, Compulsory
Deposit and Optional Deposit.
MANAGING COMMITTEE & ELECTION
Managing Committee comprises the President, Vice Presidents, Hony. Secretary, Treasurer and 5 executive
members. President, Vice President and members are elected directly by the General Body and other office
bearers by the Managing Commitee (MC) from amongst themselves. One term of Managing Committee member
(including President) is 3 years. Two posts of the Managing Committee are reserved for ladies. At-least one
meeting is held every month to make sure that the Society's work is running smoothly and all the office
bearers are doing their duties efficiently.
Any person who is resident of Delhi or working in Delhi can become member of Society.
He/She must have completed age of 18. An introducer is needed to become member of
the society. Introducer should be member of the society with clean record. He/She
has to make an application on prescribed form which also includes a No Objection
certificate which is to be signed by concern officer and will be required to deposit
the following sum.
||300/- @ 100 per share
||120/- ( 20/- per month, Six Months advance)
|Member Welfare Scheme
NOTE- with the application form the member shall be required to submit a copy of
identification proof (e.g. Election Identity Card, Ration Card, Driving License,
Aadhar Card or Passport Copy), Pan Card, Income Proof, Office I-D, Two self and
one Nominee Passport size photographs and 3 Months Bank Statement (which reflects
last 3 months salary).