CLUB MEMBERSHIP FEE STRUCTURE & ELIGIBILITY CRITERIA
The Koramangala Club is pleased to introduce new Membership categories as follows:
Long Term Temporary Membership
Resident Membership
Non-ResidentT Membership
Corporate Membership
Long Term Temporary Membership
- Admission fee: Rs.50,000/- + GST
- Refundable deposit: Rs.10,000/-
- Three years advance subscription required
- Limited to 100 candidates
- Eligibility: Class I Officers of Central and State Governments or equivalent
- Term: 3 years or until retirement/resignation/termination
- Renewable once every 3 years if the member is in service
- Membership fees breakdown:
- Membership Fees: Rs.50,000.00
- GST @ 18 %: Rs. 9,000.00
- Refundable deposit: Rs.10,000.00
- Advance subscription for 3 years: Rs.12,744.00
- Library Fee: Rs. 354.00
- Sports Fee: Details provided separately
- Payment breakdown: 1st Cheque – Rs.60,000/-, 2nd Cheque – Rs.22,098/- + Sports fee
Resident Membership
- Fee: Rs.8 Lakhs + GST at 18%
- Eligibility: Permanent residents of Koramangala layout
- Membership fees structure provided in instalments
Non-ResidentT Membership
- Fee: Rs.10 Lakhs + GST at 18%
- Membership fees structure provided in instalments
Corporate Membership
- Fees: a) Admission fee for two Members: ₹.5 Lakhs b) Admission fee for four Members: ₹.9 Lakhs c) Admission fee for six Members: ₹.13 Lakhs
- Monthly Subscription: ₹.2000/- per month per Member
- Refundable deposit: ₹.10,000/-
- GST of 18% to be paid on Membership Fee and monthly subscription.
- Membership duration: 10 years, with yearly subscription in advance
- Additional fees for facility usage and change in nomination
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