What is Multi-State Co-Operative Society?

A multi-state Cooperative Society is basically a society that is registered under the "Multi-State Co-operative Societies Act, 2002". A Multi State Co-operative Credit Society belongs to it's members, who are at the same time the owners and the customers of their Society. Society generally provide their members with a wide range of banking and financial services ( Loans, Fix Deposite (F.D.), Recurring Deposite (R.D.), Savings, Daily deposite etc.) Vision: To promote and secure interests and objects of the society and serve the interests of members in more than one state for both social and economic betterment of its members.

Software

With a great vision promoters starts a multi state society But first of all they should buy best multi state co-operative society software.

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Take Care

Before Purchasing the Software, Promoters should take care of many software features like Security, User Interface, Upgradations, Service Support etc.

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Registration

To do the registration of Multi state Credit society we have to submit the application at Department of Agriculture & Co-operation, New Delhi.

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Knowledge

Before starting with multi state co-op society promoters should have knowledge of current laws, latest software, annual return filling, security etc.

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Motive & Work of Multi State Credit society

If you wants to help the peoples whom banks don't gives loans , they are taking loans from the financiers at high interest rates than society is the best option to help them. If you have perfect wealth management there is a great scope for you to start the society. If you wants to start so many branches in different district and states than without taking local level permissions you can establish any no. of branches in different area by starting multi state society.