Funds
The Funds of the Federation shall consist of the following:

(a) Admission Fee

(b) Annual Subscription from Member Societies

(c) Donations / Contributions / Grants received from member societies, Government and others.

(d) Loans and advances taken in furtherance of the objectives of the Federation.

(e) Income from publications, consultations, workshops, training programmes, conferences, seminars and economic activities allied to the objects of the Federation.

General Body
The General Body of the Federation will be the supreme authority being vested with all the powers.

The General Body of the Federation shall consist of one delegate from each member society.

Every delegate shall have one vote, provided that in the case of equally of votes the Chairman / Presiding Officer shall have an additional casting vote.
The delegate of a member society which has not been a member of the Federation for at least 30 days before the date of the general body may attend the general body meeting but shall not be eligible either to exercise the right to vote, participate in the election or to hold office.

Delegates from defaulting member society shall not be entitled to exercise the right to vote or to seek election to any office. The delegate of defaulting society, if holding any office of the Federation, shall forfeit his/her right to hold such office with effect from the date on which the society becomes defaulter under these bye-laws, provided notice is given to the defaulting member society and it fails to pay its dues within 30 days after the receipt of notice.

Board of Directors 
The affairs of the Federation shall be managed by a Board consisting of directors constituted as follows :

(a) One director representing National Cooperative Union of India.

(b) Nine directors from the member state federations / associations of urban cooperative banks or member state federations/associations of urban cooperative banks & credit societies which we are admitted as member of the Federation.

(c) Seven directors from amongst the member urban cooperative banks.

(d) One director from Mahila urban cooperative banks enrolled as members.

(e) Two directors from the urban cooperative credit societies enrolled as member.

(f) One director nominated by the Department of Agriculture & Cooperation, Ministry of Agriculture, Government of India.

(g)Two specialists/experts/eminent cooperators to be co-opted by the Board.

The Board may invite two persons to attend its meetings.

The Directors shall be elected at the Annual General Body Meeting for a period of 5 years.

(The election procedure shall be in accordance with the provisions of section 45 of the Multi State Cooperative Societies Act, 2002 and Election Schedule annexed to the Multi State Cooperative Societies Rules 2002. The constituencies/groupings may be revised/amended by the Board of Directors from time to time within the provisions of bye-laws, as above.