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LARSEN & TOUBRO GROUP EMPLOYEES' COOPERATIVE THRIFT & CREDIT SOCIETY LTD

REGD. NO. MSCS/CR-27/92

Membership

Any confirmed employee of M/s.Larsen & Toubro Limited and its group companies of Southern Region can become member of the Society. The prescribed application form for membership can be had from the society on request. The membership application for admission has to be sent to the Secretary along with a Demand Draft or local Cheque in favour of the Society for Rs. 450/- towards Share Capital Rs. 100/- (10 shares of Rs. 10/- each), Entrance Fee Rs. 50/- and Group Insurance Premium Rs. 300/-.

Withdrawal of Membership

No member shall be permitted to withdraw his membership within a period of 3 years unless he leaves the company service within this period. Any member who wants to withdraw his membership on account of his retirement from the Company or on Leaving the employement has to send a written request addressed to the Secretary.

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