Frequently Asked Questions

Find answers to all your queries about our service.

  • Q. Is this cooperative society registered under State govt. or Central govt.?

    Ans: Yes, this cooperative is registered under Bihar govt. Cooperative Societies Act 1996.

  • Q. Does this cooperative society work like a bank?

    Ans: This cooperative society works like bank, we accept deposit & give loans & advances to members(account holders)

  • Q. Is this cooperative society trustworthy or not? Will our money be safe or not?

    Ans: Your money is safe & secure. The management is experienced honest & transparent in its approach & manages funds with financial prudence & integrity. You can trust this society.

  • Q. Where will be our money invested by this cooperative society? Is there a fixed chance for return?

    Ans: Yes, First your money will be invested in secured loans

  • Q. Is this cooperative registered under RBI

    Ans: Cooperative society is registered with Department of Co-operative under Government of Bihar, Thus doesn’t need registration with RBI/SEBI. Working area is Patna division comprising of 6 districts (Biharsharif, Patna, Bhojpur, Buxar, Sasaram & Kaimur).

  • Q. How this cooperative Society different from Non-Banking?

    Ans: Non-banking doesn’t offer different loans and not authorized for opening of SB A/C.

  • Q. Why anyone would go for investment in your cooperative rather than investing in PSU or Pvt. Banks?

    Ans: That depends on your choice, but we offer different and attractive schemes that others do not. As our Cooperative Fixed deposit schemes for double money are 7 years 9 Months, and others are generally in 10-12 years.