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Home Cooperative Queries

Query from Sandeep Kumar

Staff Reporter by Staff Reporter
March 24, 2019
in Cooperative Queries
0
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Sir I want to do FD for 1 year in SUCO cooperative Bank in North Karnataka. Is there any risk in it.

Mohit Maski, Chairman, SUCO Bank

No risk. If you are the resident of Karnataka then ok. Otherwise you can’t able to do Fixed Deposit.

Ours is the co-op bank registered under UNI state Act not multi state Act. So we can accept deposit from our operational area only.

Thanks for showing your interest.

Tags: cooperativeFDNorth KarnatakaSUCO BankUNI
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