25-August-2023

Multistate Cooperative Credit Societies | Purpose Goals and Financial Solutions

Multistate Cooperative Credit Societies play a vital role in empowering communities by providing financial solutions tailored to their needs. These societies operate with the primary objective of promoting thrift, self-help, and mutual aid among their members. In this article, we will delve into the purpose and goals of these societies, shedding light on the range of services they offer to meet diverse financial requirements.

Purpose and Goals

The main purpose of Multistate Cooperative Credit Societies is to create a platform where members can pool their resources to access affordable financial services. These societies aim to:

1. Promote Savings: Encouraging members to save regularly helps them build a strong financial foundation, fostering a culture of thrift and financial discipline.

2. Facilitate Investments: Offering investment schemes enables members to grow their wealth and achieve their long-term financial objectives.

3. Provide Credit and Loans: By extending various loan types, credit societies support members during times of financial need, ensuring easy access to credit without excessive interest rates. 

4. Finacial Inclusion:  Serving as a bridge to formal banking services, these societies bring financial inclusion to remote and unreserved communities. 

5. Empower Rural and Urban Development: By mobilizing funds from members, credit societies contribute to the development of both rural and urban areas.

6. Cooperative Spirit: Emphasizing the cooperative spirit, these societies promote mutual aid and solidarity among members, fostering a sense of community and collective growth.

Services offered by Malankara Credit Society Ltd

Malankara Credit Society Ltd, located at  4th floor, West Fort Tower, West Fort Jct, Thrissur, Kerala 680004 is a leading multistate cooperative credit society.  They offer a wide range of services to cater to the diverse financial needs of their members.

1. Savings Accounts: Secure and reliable savings accounts with competitive interest rates.

2. Fixed and Recurring Deposits: Investment options to help members grow their savings over time.

3. Investment Schemes: Tailord investment schemes to meet long-term financial goals.

4. Gold Loans: Quick and hassle-free loans against gold ornaments and Jewelry. 

5. Group Loans: Customised loan solutions for group projects and ventures.

6. Vehicle Loans: Affordable financing options for purchasing vehicles.

7. Daily Loans: Short-term loans to meet immediate financial requirements.

8. Property Loans: Financing solutions for property acquisition and development.

9. Personal Loans: Flexible loans to address personal financial needs.

Contact Information

Website: www.mmsccs.com

Email: media@mmsccs.com

Contact Number – 9072597329

Alt Text:  Multistate Cooperative Credit Societies  - Empowering communities with financial solutions.

Social Media Post

Empower your financial growth with Malankara Credit Society Ltd.

Explore a range of services – savings, fixed deposits, investment schemes and various types of loans.

Secure your future with us!

Website: www.mmsccs.com

Email: media@mmsccs.com

Contact Number – 90725 97329