Shares

SCU’s share account offers competitive dividend payment.  The share account is the foundation of a healthy savings plan.

To open a share account, members must hold an additional deposit account of at least Rs100. The par share value is currently Rs100.  Members may purchase additional shares if they wish.  A period of 3 month notice is required for withdrawal of any amount of shares.
 
Members are paid dividends on their shares annually.  The rate depends on SCU’s net surplus registered in any given year.