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Southern Star Co-Op (U) T/C Society Ltd

Southern Star Co-Operative Society is a Life Line of Malayalees in Delhi & Around and well known for its Trust, Commitment & Social Upliftment. It came into existence in 1986 with 41 members at Lawrence Road. Now it has grown leaps and bounds in its service to Malayalees in Delhi and its surrounding areas, strictly based on the very principle of co-operative movement in our country. Today, Southern Star Society is a huge family of more than 32000 members and having fixed assets worth more than 100 Crores. Southern Star Society has proved that by joining hands with each other, our small individual resources can be put together to serve the need of a large number of people and can influence to improve our living. Thousands of members depend on Southern Star Society for रोटी , कपड़ा, मकान.

Download Quarterly Bulletin Vol-93 OCTOBER 2024

Services

Branches

In order to extend its service to the members, Southern Star Society has opened presently 9 branches and 4 cheque collection centers at various parts of NCR.

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Consultancy

Southern Star Society has taken a step ahead to be always at the service of its members by providing legal cell and Investment/Tax cell for free consultation.

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Investment

Southern Star Society provides adequate Insurance/security for its members’ investment and also grants free insurance up to Rs 5, 00,000/- to its members.

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Our Salient Features

  1. 32000 active members and more than Rs 150 Cr. turnover, biggest Society in North India in number of members, deposit s & branches.
  2. Head Office in a centralized location with 9 branches & 4 cheque collection centres.
  3. Corporate Office as well as 8 Branch offices are owned by the Society, now worth more than Rs 30 Crores.
  4. Ordinary Loan up to Rs. 10 Lakhs & Housing/Property Loan up to Rs. 25 Lakhs.
  5. Emergency Loan up to Rs. 80,000/- without any surety & Vehicle Loan up to 5 Lakhs.
  6. Gold Loan (Loan against Gold ornaments) Rs. 5500/- per gram, with interest @6% P.A. Up to Rs 19500/- for the period of 6 months and 10% P.A (No Limit) for a period upto one year.
  7. Soft loan upto Rs 2 lakhs
  8. Interest on ordinary loan and emergency loan @ 10% P.A.
  9. Working on Sundays from 10.00 AM to 4.00 PM and on week days from 11.30 AM to 7.30 PM
  10. Free Insurance of members up to Rs. 2,00,000/- (Welfare Fund).
  11. Free Library service to all members with a collection of more than 4000 books.
  12. Defaulters less than 2%.
  13. Dividend 8% P.A. Interest on deposits up to 9% P.A.
  14. Deposit/Payment through NEFT/RTGS & QR Code
  15. Free Legal Cell and Investment / Tax cell for free Consultation.
  16. Adequate Insurance / Security for Cash and valuables.


NEFT/RTGS/QR Details

FEDERAL BANK:
Current A/C-No: 15960200000857 (IFSC Code – FDRL0001596) Federal Bank, Paschim Vihar, Delhi. Name: SOUTHERN STAR
SOUTH INDIAN BANK:
Current A/C-No: 0651073000000210 (IFSC Code – SIBL0000651) South Indian Bank, Naraina. Name: SOUTHERN STAR
After successful transaction, kindly send the UTR No. along with Mem No. and other loan detais to nair_pr@ymail.com

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