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    MRF – Member Relief Fund

    Member Relief Fund provides support and financial assistance to members who are facing financial hardship immediately after a medical condition or if an active member of the cooperative were to pass away, the family receives a consolidated amount as compensation.

    The Member Relief Fund is provided to the A class members of the Bank. Last year Rs. 497500 was distributed among 55 members as medical relief and Rs. 339000 was given to the families of 113 members as a financial support to their family after their death.

    In the year 2018-2020, 1492 new members have been added to the new Member Relief Fund. As of 31.03.2019, a total of 20910 members have joined this program.

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