Friends want to set up co-op bank

Prem Kumar Parmar

We have a small group of 10 friends and would like to start a Cooperative Bank. I heard about your good self, so I request you to please provide us the details to open a bank. We wish to operate this bank for micro finance and serve the needy ones.

Thanks and regards. 

I C Naik

Prepare a Feasibility Report of successfully running a Bank and show that to the Registrar’s Office. If the Officer is satisfied that your Project will work he will guide you further in the matter. Economic Viability of a cooperative society is a prerequisite to think of setting it up. Other Procedural matters are of least importance.

 

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