Nominal Member

The Society at its discretion may admit a person, who is eligible to become a member of LEADERS, but is not a member of LEADERS, on payment of a non-refundable fee of Rs.500/- (Rupees Five Hundred Only) as a nominal member provided that such nominal member shall not be entitled to subscribe to the shares of the society or have any interest in the management thereof including right to vote, be elected as a director of the board or participate in the general body meeting. Nominal member shall also subscribe to monthly interest-bearing deposit (refundable at the time of withdrawal of membership) of Rs.500/- (Rupees Five Hundred Only) or above (in multiples of Rs.100/-).

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