Members shall be responsible for repaying loans, dues, and other financial obligations to the society in a timely manner. Defaulting on payments may lead to appropriate actions as outlined in the society’s policies.

Members shall maintain the confidentiality of their own and fellow members’ financial information. Sharing sensitive information without proper authorization is strictly prohibited.

The society shall not discriminate against any member based on factors such as race, gender, or economic status. Fair and equal treatment for all members shall be maintained.

Members seeking loans shall ensure that their borrowing is within their capacity to repay. Lending members shall make informed decisions based on the borrower’s creditworthiness and repayment ability.

The society shall provide members with accurate and transparent information about interest rates, fees, terms, and conditions associated with loans and other financial transactions.

Members shall disclose any potential conflicts of interest that may arise in their interactions with the society. Decisions involving conflicts of interest shall be made with utmost transparency and fairness.

All members shall adhere to applicable laws, regulations, and guidelines related to credit cooperatives. Engaging in any illegal or unethical activities is strictly prohibited.

Members availing loans shall adhere to the repayment schedule and terms agreed upon. Timely repayment ensures the financial stability of the society and benefits all members.

Members are encouraged to participate in general meetings and discussions related to the society’s affairs. Their input and feedback are valuable for the society’s growth and improvement.

Members shall conduct themselves with integrity, honesty, and professionalism in all interactions related to the society.

Clear and effective communication among members and with the society’s management is essential for smooth operations. Members shall provide accurate information and respond promptly to communication from the society.

The society shall contribute to the welfare of the community and promote responsible lending practices that uplift members’ financial well-being.

All members shall abide by the society’s bylaws, rules, and regulations, which outline the framework for the society’s operations.

Members shall seek opportunities for financial literacy and education, empowering themselves to make informed financial decisions.