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The Government Telecommunication Employees’ Cooperative Society Ltd., Chennai is
a Multi State Cooperative Society with Registration No: MSCS CR 10/86. This society
is under the control of the Central Registrar, New Delhi. It is originally registered
as a Cooperative Society under Act II of 1912 with registration No.G 499 and converted
as Multi State Cooperative Society in the year 1986.
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The date of registration of the society was 07.07.1924 and started working on from
09.07.1924. The society is functioning with Head Office at Chennai, No.37 A, Sembudoss
Street, Chennai –1 and branches at Trichy and Coimbatore. The society is being managed
by the elected Board of Directors.
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The primary function of the society is to issue ordinary loans to members those
who are working in Bharat Sanchar Nigam Limited and our society’s area of operation
is all over Tamil Nadu, Pondichery, part of Kerala, Karnataka and Andhra Pradesh.
We also issue jewel loans to the needy members. The society raises funds for the
business of the society primarily from borrowed funds from the private and Nationalised
Banks by way of term loan and to a limited extent and by way of deposits from the
members. We have issued loan to our members and the amount outstanding is
Rs. 393.85/-crores as on 31.03.2011.
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