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NAFSCOB has its own Provident Fund Trust entitled "National Federation of State Cooperative Banks Ltd. Bombays Employees Provident Fund" registered with the Income Tax Commissioner, Mumbai. The fund is managed by the Board of Trustees constituted by the Board of Directors of NAFSCOB and is represented by both the employers as well as the employees in equal numbers. The Chairman of NAFSCOB is also the Chairman of the Board of Trustees of the Provident Fund Trust. The term of the office of the members of the Board of Trustees is three years. The Board of Trustees was reconstituted with effect from 26th July, 2005 with the following Trustees:
1. Dr. Bijender Singh, MLA Chairman President, Delhi SCB and Chairman, NAFSCOB
2. Shri Vasanta Nageswara Rao Member Trustee President, Andhra Pradesh SCB and Vice-Chairman, NAFSCOB
3. Shri K. Sudhakar Member Trustee Director, NAFSCOB
4. Shri R. H. Singh Member Trustee Assistant Director, NAFSCOB |