Government Employees Central Hire Purchase Co-operative Society Ltd. is having
its registered office at 159-160-161, Cycle Market, Jhandewalan Extn., New
Delhi-110055. The registration number is 313/S. The Society is functioning from
the said place.
Society's main aim is to help its members by giving loans to purchase household
articles etc. The Society is looking forward to grow stronger and work more
efficiently and dedicatedly for the cause of its members.
SOCIETY AWARD 2010-11
Managing Committee is feeling immense pleasure to inform its respective members
that their Society is short-listed for BEST COOPERATIVE SOCIETY AWARD 2010-11.
This award is given to best managed Cooperative Societies every year.
It is my privilege to inform the members of Government Employees Central Hire
Purchase Cooperative Society Ltd. (GECHPCS) that their Society has been adjudged
the 'Best Cooperative Society' for the year 2010-11 by the Government of NCT of
Society provides two types of loan: Regular Loan and Short Term Loan for
purchase of household articles. The Interest rate of all types of loan is 12%
P.A. on reducing balance.
Deposits are collected by the Society in terms of Compulsory Deposit, Share
Money, Optinal Deposit etc. At present interest rate on Compulsory Deposit @ 6%
P.A. and dividend on Share Money @ 4%.