Child Membership Information

Child Scheme

Child Membership at SAARK Co-operative (Urban) Thrift & Credit Society Ltd.

Child Scheme

The Child Scheme offered by SAARK Co-operative (Urban) Thrift & Credit Society Ltd. is available for children between 2 and 12 years of age. The total membership fee is ₹1,150, which includes Share Money, Compulsory Deposit, Welfare Fund, Building Fund, Entry Fee, and Other Charges. Please note that loan facilities are not available under this scheme.

  • Eligible Age: 2–12 Years
  • Share Money: ₹500
  • Compulsory Deposit: ₹200
  • Welfare Fund: ₹100
  • Building Fund: ₹100
  • Entry Fee: ₹100
  • Other Charges: ₹150
  • Total Membership Amount: ₹1,150
  • Loan Facility: Loan is not available under the Child Scheme.
Phone:

+91 11 4750 3870

Joining Process

Join SAARK Co-operative (Urban) Thrift & Credit Society Ltd.

01. Check Eligibility

Must be an urban resident or working in Delhi, aligning with the Delhi RCS guidelines for thrift and credit membership. Read More

02. Submit Membership Form

Fill out the official SAARK application, providing standard KYC documents including Aadhaar, PAN, and Delhi address proof. Read More

03. Share Capital & Thrift

Deposit your initial Share Capital, Compulsory Deposit (CD), and Admission fee to establish your financial stake. Read More

04. Managing Committee Approval

Following statutory norms, the Managing Committee reviews your application, officially welcoming you as a member-shareholder. Read More

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Child Scheme Membership

The Child Membership Scheme offered by SAARK Co-operative (Urban) Thrift & Credit Society Ltd. is available for children between 2 and 12 years of age. The total membership amount is ₹1,150, which includes ₹500 Share Money, ₹200 Compulsory Deposit, ₹100 Welfare Fund, ₹100 Building Fund, ₹100 Entry Fee, and ₹150 Other Charges.

The Child Scheme is applicable only to children within the specified age group. Please note that loan facilities are not available under the Child Scheme. Members are also required to deposit the compulsory and recurring amounts on time to support the smooth functioning of the society.

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Have questions about our Thrift schemes, Fixed Deposits, or Loan assistance? SAARK Co-operative (Urban) Thrift & Credit Society Ltd. is dedicated to providing transparent, member-first financial assistance to help you secure and grow your hard-earned wealth.

  • Secure & Transparent RCS Delhi Compliant
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Questions About: Child Scheme

Frequently Asked
Questions & Help

The Child Membership Scheme offered by SAARK Co-operative (Urban) Thrift & Credit Society Ltd. is available for children between 2 and 12 years of age.

Children aged 2 to 12 years are eligible for the Child Membership Scheme.

The total membership amount for the Child Membership Scheme is ₹1,150.

The total amount includes ₹300 Share Money, ₹200 Compulsory Deposit, ₹200 Welfare Fund, ₹200 Building Fund, ₹100 Entry Fee, and ₹150 Other Charges.

Yes. The Child Membership Scheme includes ₹300 as Share Money as part of the total membership amount.

Yes. The scheme includes a Compulsory Deposit of ₹200.

Yes. The membership amount includes ₹200 for the Welfare Fund and ₹200 for the Building Fund.

No. Loan facilities are not available under the Child Membership Scheme.

The scheme is available only for children between 2 and 12 years of age.

Yes. The Child Membership Scheme is offered by SAARK Co-operative (Urban) Thrift & Credit Society Ltd. for eligible children between 2 and 12 years, according to the published membership details.

About the Child Scheme

The Child Membership Scheme at SAARK Co-operative (Urban) Thrift & Credit Society Ltd. is designed for children between 2 and 12 years of age. The scheme provides a simple and structured membership facility for eligible children, with a clearly defined membership amount and applicable charges.

The total membership amount under this scheme is ₹1,150. This includes ₹500 as Share Money, ₹200 as Compulsory Deposit, ₹100 towards the Welfare Fund, ₹100 towards the Building Fund, ₹100 as Entry Fee, and ₹150 as Other Charges. These amounts together constitute the total membership amount of the Child Scheme.

The Child Scheme is applicable exclusively to children aged 2 to 12 years. Please note that no loan facility is available under the Child Scheme. Parents or guardians should ensure that the child's age falls within the specified eligibility criteria before applying for membership.

Members are requested to deposit the compulsory deposit and recurring deposit installments on time and cooperate with the society's regular operations. Members should also visit the society office regularly to check important notices and obtain the latest information regarding the scheme.

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