Overview

To promote overall economic betterment of members through self help and mutual aid in accordance with co-operative principles specified in the first Schedule of the Act. Accept the deposits from the members of the society and utilize the same for giving loans to its members or invest and make payment, the deposited amount which are accepted by the society as and when demanded or completion of maturity period. Loan to be given to its members with mortgage or without mortgage of the property. To create funds by means of deposits and borrowings hereafter to lend to members of the society at moderate rates of interest . To lend money to its members for hire purchase of household articles and vehicles.