Southern Star Co-Op (U) T/C Society Ltd

Southern Star Co-Operative Society is a Life Line of Malayalees in Delhi & Around and well known for its Trust, Commitment & Social Upliftment. It came into existence in 1986 with 41 members at Lawrence Road. Now it has grown leaps and bounds in its service to Malayalees in Delhi and its surrounding areas, strictly based on the very principle of co-operative movement in our country. Today, Southern Star Society is a huge family of more than 30000 members and having fixed assets worth more than 100 Crores.
Southern Star Society has proved that by joining hands with each other, our small individual resources can be put together to serve the need of a large number of people and can influence to improve our living. Thousands of members depend on Southern Star Society for रोटी , कपड़ा, मकान.
Bulletin - Vol 60 - Quarterly Bulletin April 2016

In order to extend its service to the members, Southern Star Society has opened presently 14 branches and 14 cheque collection centers at various parts of NCR.

Southern Star Society has taken a step ahead to be always at the service of its members by providing legal cell and Investment/Tax cell for free consultation.

Southern Star Society provides adequate Insurance/security for its members’ investment and also grants free insurance up to Rs 3, 00,000/- to its members.

Our Salient Features

  • 29000 active members and more than 100 Cr. Turn-over, biggest Society in North India in number of members, deposit s & branches.
  • Head Office in a centralized location with 14 branches & 14 cheque Collection Centres.
  • Corporate Office as well as 12 Branch offices are owned by the Society, now worth more than 100 Crores.
  • Ordinary Loan up to Rs. 7 Lakhs & Housing/Property Loan up to Rs. 20 Lakhs.
  • Emergency Loan up to Rs. 30,000/- without any surety & Vehicle / Consumer Loan up to 5 Lakhs.
  • Gold Loan (Loan against Gold ornaments) up to Rs. 2000/- per grm., with lowest interest @ 13% P.A for a period of one year.
  • Working on Sundays up to 4.00 PM and on week days up to 8.00 PM.
  • Free Insurance of members up to Rs. 3,00,000/- (Welfare Fund).
  • Free Library service to all members with a collection of more than 4000 books.
  • Defaulters less than 1%.
  • Dividend 14% P.A Interest on deposits up to 12.5% P.A.
  • Deposit/Payment through NEFT/RTGS 7 Net Banking..
  • Deposit facility by using Debit/Credit Cards & Net Banking.
  • Free Legal Cell and Investment / Tax cell for free Consultation.
  • Adequate Insurance / security for Cash and valuables..