(FAQ) Frequently Asked Questions

Q.1 What is a Credit Co-operative Society? In Credit Co-operative Society, you can do all finance related work. You can accept deposits from members and give loans to members on a particular interest rate. Q.2 How much time do we take for a multi state co-operative society to be registered? In Credit Co-operative Society, you can do all finance related work. You can accept deposits from members and give loans to members on a particular interest rate. Q.3 What are the requirements for registration of a Multi State Co-operative Society? An application for registration of a Multi-State Cooperative society shall be made in the prescribed form – Form 1 & Form 2. Form 1, we need the details of minimum 60 members from at least 2 states each with their signatures. In Form 2, we need the names of all the members with their signatures. ** In Form1 and Form2, everything can be computer written except the signatures. Q.4 Where the Name By Multi-State Co-Operative Society Can Be Used? Every multi-state co-operative society-.