Sbscooperative Bank 02

Loans & Advances In SBPSSN
CONTENTS
CHAPTER PAGE
CHAPTER NAME
NO NO
RESEARCH DESIGN
1.1 Introduction
1-12
1.2 statement of problem
1 1.3 Objective of the study
1.4 Scope of the study
1.5 Methodology of the study
1.6 limitations of the study
2 SOCIETY PROFILE 13-46

THERIOTICAL BACKGROUND OF THE
3 47-57
STUDY
DATA ANALAYSIS & 58-74
4
INTERPRETATION
FINDING & SUGGESTIONS

5 5.1 Findings 75-78
5.2 Suggestions
5.3 Conclusion
6 BIBLIOGRAPHY 79-81
1
Karnataka State Women’s University, Vijayapur.
CHAPTER-1
RESEARCH
DESIGN
CHAPTER-1
2
RESEARCH DESIGN
1.1 INTRODUCTION :
The principle of cooperation is part and parcel of Indian Culture. We can trace the
co-operation in our ancient Vedas and Upanishads have many Co-operation
occupies an important place in the Indian economy. Perhaps no other country in
the world is the co-operative movement as large and as diverse as it is India. There
is almost no sector left untouched by the co-operative movement.
The main areas of operation of co-operatives in India are as under :
 Agricultural Credit.
 Agricultural supplies.
 Agricultural Marketing.
 Agricultural Processing.
 Housing co-operatives.
 Industrial co-operatives.
 Urban credit Co-operatives.
 Public Distribution of essential commodities through consumer
co-operatives.
3
Co-operative movement in India is the result of a deliberate policy of the state and
is vigorously pursued through formation of an elaborate governing infrastructure.
The successive Five year plans looked upon the co-operation movement as the
balancing sector between public sector and the private sector.
And the success is evident. Almost 50 percent of the total sugar production in India
is contributed by sugar co-operatives and over 60 percent of the total fertilizer
distribution in the country is handled by the co-operatives. The consumer co-
operatives are slowly becoming the backbone of the public distribution system and
the marketing co-operatives are handling agricultural produce with an astounding
growth rate.
The National Co-operative Development Corporation (NCDC), a statutory body

was set up in 1963 by the Union ministry of Civil Supplies and Co-operation, to
promote the co-operative movement in India.
Further there is the Indian Farmers Fertilizer Co-operative LTD (IFFCO), which
has been successful in setting up an effective marketing network in most of the
states for selling modern farming technology instead of fertilizers alone. The
operations of IFFCO are handled through its more than 30,000 member co-
operatives.
4
The National Agricultural Co-operative Marketing Federation (NAFED) has over

5000 marketing societies. These societies operate at the local wholesale market
level and handle agricultural produce. Thus the farmers have a market for their
produce right at their door-step. A market which assures them reasonable returns
and guaranteed payments.
In India we find that the states like Maharashtra and Gujarat are well developed.
Where as the states of Andhra Pradesh, Rajasthan and Karnataka have shown
remarkable progress in the co-operative movement and there is a vast potential for
the development of co-operative in the remaining states.
Today Co-operatives are committed to securing an improvement in the quality of

life of a vast majority of Indian.
These society provide most services such as savings and current accounts, safe
deposit lockers, loan or mortgages to private and business customers. For middle
class users, for whom a society is where they can save their money, facilities like
Internet Banking or phone Banking is not very important. Although they are not
better than private society in terms of facilities provided, their interest rates are
definitely competitive. However, unlike private society, the documentation process
is lengthy if not stringent and getting a loan approved quickly is rather difficult.
The criteria for getting a loan from a UCB are less stringent than for a loan from a
commercial society.
5
The wheels of industry cannot run without society loans, but society should asset
the conditions of industry or trade or any business enterprises while making loans
to them.
The rate of interest depend on the type of loan, society will classify their
lending of loan in to priority and non priority sectors. For priority sector the society
well charge less interest rate than the non priority sector.
Lending of loan directly influence the growth, lending of loan at reasonable

rate of interest for the industry helps that nation to achieve rapid industrialization
and to solve the unemployment problems in that nation.
Lending of loans will play a major role in the all-round development of any
Nation. Its importance in the development of the industry cannot be questioned
with help of loans from the society no company can run its business.
The Lending policy of society will determine the Interest rates and the
eligibility criteria for granting loans to the customer. society lend both secured and
unsecured loans.
6
1.2 STATEMENT OF THE PROBLEM :
Loans & Advance activity is very important in every society, which impacts on the
society profitability, performance and the lending capacity of the society. So it is
essential to study the society credit lending policies and its impacts on society.
1.3 OBJECTIVES OF THE STUDY :
 To measure and compare the efficiency of Cooperative Society of India.

 To suggest the appropriate measures to improve the efficiency of the society.
 To know different type of loans preferred by different sets of customers.
 To know the satisfaction level of the customers from Society lending
policies.
1.4 SCOPE AND IMPORTANCE OF THE STUDY:

7
The present research was to study the critical study of loans & advances with
references to MASKI BRANCH so far, Banking activities are considered to be the
life blood of the national economy. Without Banking services, trading and
business activities cannot be carried on smoothly. Society are the distributors and
protectors of liquid capital which is of vital significance to a developing country.
Efficient administration of the Banking system helps in the economic growth of the
nation. Banking is useful to trade and commerce. Banking activities are useful to
trade and industry in the following ways.
 Money deposited in a society remains safe. Precious articles too can be kept
in the safe custody of society in lockers.
 Society provide credit facilities to their customers. Customers with society
accounts also enjoy better credit in the business world.
 Society encourage the habit of saving and thrift among people. They
mobilize savings and invest them in productive activities. Thus, they help
in increasing the rate of savings and investment in the country.
 Society provide a convenient and safe means of transferring money from one
place to another and facilitate business dealings transactions.
 Society collect and realizes bills, cheques, interest and dividend warrants etc.
on behalf of their customers.
 Society meet the financial needs of small-scale business units which are
located in economically backward areas.
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 Farmers and artisans in rural areas can also avail of society credit for
financing their activities.
 Commercial society provide many other services to the general public which
include locker facility, issue of travelers cheques and gift cheques, payment
of insurance premium, etc.
1.5 RESEARCH METHODOLOGY :
9
 Sources of Data Collection.
PRIMARY DATA :
The primary data is collection through has collected through approaching the
official and interacting with the branch manager and staff members. Primary Data
collected by various sources which includes asking direct questions and interview,
group discussion’s. The study is both empirical and descriptive ; the primary data
have been made use of for the analysis.
SECONDARY DATA :
Secondary data collected by SBPSSN Maski branch And the group discussion was
also made to cross-check the collected information, also informal interview with
detailed checklist has been canvassed with community leader, personnel to have
deeper understanding of the problems.
1. Books.
2. Annual reports of SBPSSN SOCIETY MASKI BRANCH.
3. sbscooperative.in official website
4. By Internet.
10
1.6 LIMITATIONS OF THE STUDY :
1. The study is based on the data of past three or four years only.
2. The data for study mainly based on a single society.
3. As majority of the customers are employees of the society, they might be
based in giving the information
4. The time period of the research was limited.
1.7 OVER VIEW OF THE CHAPTERS :
11
THIS STUDY IS DIVIDED INTO FIVE CHAPTERS.
CHAPTER 1 : RESEARCH DESIGN
It gives the information about the process of the study, which includes statements of
problem, objectives of the study, limitations of the study, methodology and chapter
scheme.
CHAPTER 2: SOCIETY PROFILE
This chapter includes industry profile and organization used data collection i.e
SBPSSN MASKI BRANCH .
CHAPTER 3: Theoretical back ground of the study
This chapter includes Theoretical back ground of loans & advances.
12
CHAPTER 4: Analysis & Interpretation
This chapter includes data analysis & Interpretation of the collected, which is most
important part of the project report.
CHAPTER 5: Findings & Suggestions
This chapter includes findings & suggestions and conclusion of the study.
13
CHAPTER-2
SOCIETY
PROFILE
Chapter-2
SOCIETY PROFILE
14
INTRODUCTION :
Karnataka has a special place in the Indian cooperative sector, as it is one of the
first states to have started the movement. We are proud to say that, the first
agricultural credit cooperative society in Karnataka started in a village called
Kanaginahaala, Gadag district, in 1905. In the same year, a consumer cooperative
society also started in Bangalore.
Prior to unification of states present Karnataka was divided into various provinces
such as Hyderabad, Mumbai, Mysore, Madras etc. All provinces had their own
Law relating to cooperative Societies. They are:
 Mumbai Cooperative Societies Act, 1925
 Madras Cooperative Societies Act, 1932
 Madras Land Mortgage Act, 1934
 Kodagu Cooperative Societies Act, 1936
 Mysore Cooperative Societies Act, 1948
 Hyderabad Cooperative Societies Act, 1952
 Hyderabad Land Mortgage Act, 1949
15
After unification of states in 1956, The Mysore Cooperative Societies Act, 1959
was enacted which applies to whole Mysore State. It came into force from June 1,
1950. Mysore State was renamed as Karnataka in 1973 and the Act was also
renamed as Karnataka State Cooperative Societies Act, 1959.
As on March 2004, Karnataka has 32,804 cooperative societies Under which

27,261 are active. Among these, 15,468 societies are profitable and 12,756 are
under loss. Around 9367 Milk cooperative societies, 301 urban cooperative banks
and around 2000 credit cooperative societies are some of the sectors in
Cooperative field which are profitable in the state. Karnataka has 9,367 milk
cooperatives, which are producing over 23 lakh litres of milk every day.
The state has over 4,000 Primary Agricultural societies and over 10.12 lakh
farmers are benefited from these cooperatives. In Karnataka 100% villages are
covered by cooperative Societies.
Karnataka is progressive in Cooperative movement. It is pioneers in bringing

parallel cooperative law.
16
According to Sir John Paget, “ No person on body corporate or otherwise can be

Banker who does not take the following:
i. Deposit accounts
ii. Current accounts
iii. Issue and pay cheques
iv. Collect cheques, crossed and non-crossed, for his customers.
In the first half of the 19th century the East India Company established three
Bank ; the Bank of Bengal in 1809, the Bank of Bombay in 1846 and the Bank of
Madras in 1843. These 3 Bank also known as presidency Bank were independent
units and functioned well. These 3 Bank were amalgamated in 1920 and new Bank,
he imperial Bank of India was established on 27 th January 1921. With the passing
of the State Bank of India Act in 1955 the undertaking of the imperial Bank of
India was taken over by the newly constituted State Bank of India.
The Reserve Bank, which is the central, was created in 1935 by passing
Reserve Bank of India Act 1934. In the wake of the Swedish movement, number of
bank with Indian Management were established in the country namely,
17
Punjab National Bank Limited, Canara Bank Ltd., Indian Bank Ltd. On July 19 th
1969, 14 Major Bank of the country were nationalized and in 15 th April 1980, 6
more commercial private sector Bank were also taken over by the government.
Today the commercial Banking system in India may be distinguished into:
Public sector Bank:
1. state Bank of India and it’s associate Bank called the state Bank group
2. 20 Nationalized Bank
3. Regional Rural Bank mainly sponsored by public sector Bank.
Private sector Bank:
1. Old Generation private Bank

2. New generation private Bank
3. Foreign Bank in India
4. Scheduled co-operative Bank
5. Non-scheduled Bank
Development Bank:
18
1.Industial Finance Corporation of India (IFCI)

2.Industial development Bank of India ( IDBI)
3.Industrial credit and investment corporation of India (ICICI)
4.industrial investment Bank of India (IIBI)
5.Small industrial development Bank of India (SIDBI)
6.Natoinal Bank for Agriculture and Rural Development (NABARD)
7.Export Import Bank of India
8.National Housing Bank
Co-operative Socity:
India is a country where agriculture is still a predominant activity. Our

farmers by and large are poor and usually used to to depend on money lenders
Indigenous Bankers sand financiers etc. Till 1951-52 the money lenders were
providing 70%of the requirement of farmers and thus constituted the most
important source of rural finance. However the share of Moneylenders in rural
credit was reduced to 49%. This was due to high rates of interest, dishonesty and
fraudulent practices followed by the money lenders.
The cooperative Movement was started in India in 1904 with the objective of
providing finance to agriculturists for productive purpose at low rates of interest
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and thereby relieving agriculturists from the cheques of the Money lenders. The
co-operative society act of 1912 contribute to the establishment of Central co-
operative society and the state co-operative society provide refinance To primary
credit societies which could not mobilize funds by their own efforts.
The co-operative credit movement made food progress during and after the
1st world of 1914-18 ,but during the great depression of 1929-1933, it received a
serious setback. With the out break of second world war of 1939-45, the co-
operative credit movement made considerable progress once again. Since then, the
progress has been maintained.
A co-operative society promotes economic activity and provides Banking

facilities and service to the rural people. The significant role of co-operative
society in the agricultural economy imparts a lesson to commercial society and
dispels from their minds the age old inertia and the gloom of conservatism by
shifting emphasis from credit worthiness of the purpose and from tangible security
to the character of the business.
Co-operative means ‘ a from of organization where in persons voluntarily

associate together as human beings on the basis of equality for the promotion of
the economic interest of themselves’’ So, co-operatives are characterized by
20
voluntary association and open membership, democratic management, limited

interest on capital, education and training equity of distribution of profits etc.
‘’each for all and all for each’’ is the underlying principle of co-operatives.
The Indian co-operative Banking system is a 3-tier system. If consists of three

sectors.
1. primary credit societies at the base

2. Central cooperative societies in the middle
3. State cooperative Bank or Apex Bank at the top.
Primary Credit Societies

It is an association of ten or more persons residing in a particular locality , The
funds at primary credit societies consists of entrance fees, share capital, Reserve
funds Fixed Deposits from members and non – members and loans from central
co-operative society . The primary credit societies extend short and long term loans
to the members. Generally, loans are given for a period of 6 months, one year and
2 years. Loans are ordinarily given , on personal security of borrowers supported
by personal security of borrowers supported by personal.
Central Co-operative Bank
21
The primary credit societies failed to mobilize enough deposited from their
members for meeting their requirements. They were in need for refinance from
some agency. So the co-operatives societies Act of 1912, provided for the
establishment for the central co-operative Society to provide finance to primary
credit societies.
Central co-operative society are federation of primary credit societies

operating in a specific area. Generally they are located in the district head quarters
and some prominent towns of the district. The funds of central co-operative
Society consist of share capital, reserve funds, deposits from members and non-
members and loans and advanced form state co-operative Society. Sometimes they
raise loans from commercial society also.
State Co-operative Bank
Every state has a state co-operative Bank at the top of the co-operative
Banking structure. If is known as Apex Bank as it controls and co-ordinates the
working of all co-operative credit institutions in the state. If is found in the state
capital. The table 1.1 shows the co-operative credit structure in the whole state
Karnataka. The funds of the state co-operative Bank consists of share capital,
reserve funds, deposits from members and general public and loans from RBI,
stare Government and commercial Society. However loans and advances from the
RBI constitute a major part of their funds.
District Central Co-operative Bank (DCC Bank)
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Primary co-operative credit societies in a particular area, generally a district,

federate and form a district central co-operative society. Generally the DCC Bank
located of the head quarters of the district. Some DCC Bank have branches in some
towns in the particular district. The DCC Bank are of two types. In one type of
DCC Bank the membership is confined to primary societies. This type is therefore
known as “Banking Union”.
In the case of the second type of the DCC Bank, there is mixed membership
consisting of both primary societies and individual possessing some financial
status as influence, some special business capacity and experience in the field of
co-operative Banking. The presence of some of these individual in the DCC Bank
and thus on their board of management is deemed necessary because the
organization and working of DCC Bank is supposed to be complex.
And the representatives of primary societies on the board of management of DCC

Bank may not have the necessary ability and experience required running the DCC
Bank efficiently and thus inspiring confidence in the mind of the public.
History of SBPSSN :
23
Sri Bhramaramba Pattina Sanga. Maski, a cooperative society registered under

KCC Act. of 1959. It was started on 5th May, 2000 with initial share capital of Rs
7 lacks contributed by 400 members which was later converted into a new act
“Souharda sahakari Act.1997.
The society operates in 4 districts of Karnataka (India) i.e. Raichur, Koppal,

Gulbrga & Bellary having branches in Maski, Lingasugur, Siruguppa, Kavital &
Raichur. All branches are governed centrally by head office with centralised
software system.
The cooperative society is run under the able leadership of the Chairman Dr.
Shivasharanappa Ithli with support from Vice Chairman Sri Sharnappa Hullur, 9
Board of the Directors, 17 Advisory committee members.
Every branch has independent Advisory committee members. Society having extra
benefits to the customers like RTGS, NEFT, ATM Reward card & e-Stamping.
Bhramaramba Cooperative society successfully completed 16 years, also

celebrated 10th anniversary in may, 2010 and conducted 3 days cultural
Programmes to all members.
It’s not only constriction on financial activities, its also involved in other Social
activities like Eye camp, Meditation & cultural program in Ugadi festival, provided
to educational award to the Best student.
VISION:
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"To make brand "SBPSSN.MASKI" synonymous to trust and reliability, to provide

excellence and personalized services and to contribute to Co-operative movement
by making credit available to the customers and more particularly to Individuals
and SMEs, thereby contributing to their growth, by striving to maintain Net NPAs
at 0% level".
MISSION:
By the year 2020,SBPSSN.MASKI aims to achieve ambitious Business target of

Rs. 250 crores, Profit of Rs. 3 crores, Low cost Deposit ratio of 30%, CD ratio of
70%, Gross NPAs to be maintained below 2%, Net NPAs at '0%' and 10 Branch
and ATM network
TARGET FOR THE YEAR ENDING 31.03.2016
Cooperative has set an ambitious target of Rs.200 crores business by the end of
March, 2016.
SYMBOL & SLOGAN OF SBPSSN :
25
"All people for one person, one person for all"
FATHER OF CO-OPERATIVE SOCIETY
26
27
Chairman Speech
Dr. Shivasharanappa Ithli
( Chairman of SBPSSN )
Dear Members,
On behalf of the Board of Directors and on my personal behalf, I deem it a

privilege to extend a warm welcome to each one of you at this 16th Annual
General Meeting of the cooperative society. At the outset, I express my gratitude to
all the stakeholders for their continued support and patronage. I trust you all have
received the copy of the Society Annual Report for the year 2015-16, comprising
the report of the Board of Directors,
28
Audited Financial Statements of the Cooperative society. With your permission, I

take it as read. Before I present the performance highlights of your Cooperative
society for 2014-15, let me share with you
PERFORMANCE OF THE SOCIETY

Against the backdrop of a very challenging environment, the society's performance
during the year 2014-15 has been quite encouraging and your society has once
again shown good growth and impressive results.
Let me now appraise the various achievements and initiatives taken by your
society during the year 2014-15.
BUSINESS GROWTH
The total business of the Cooperative for the year 2014-15 stood at Rs. 120 crores
compared to Rs. 90 crores in the previous year, (registering a growth of 67%). This
comprises of total deposits of the Society Rs. 69.93 crores (a growth of 34.45%
over previous year) and advances of Rs. 50.74 crores (a growth of 32.62% over
previous year).
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PROFIT AND EARNINGS

During 2014-15 Profit 165.20 lacs (Growth 27.83%) compared to previous year
Rs. 97.41 lacs.
STAFF PERFORMANCE
Business per employe Rs. 3.16 lacs compared to Rs. 3.00 lacs previous year
(growth 77%).
RECOVERY (NPA)
The society has made concerted drive for recovery due to which the Cooperative
society gross NPAs stood at just 2.15% of the gross advances and the society
continues to maintain "Zero" Net NPA position.
BRANCH EXPANSION
During the year, the society expanded its reach by opening 1 more Branches and
the present branch network is 5, in future we can extend by 5 more branches.
DIVIDEND
Your Cooperative society has been rewarding the Shareholders with consistent
dividends over the years. Taking into account the present and future growth plans,
the Board of Directors recommended a dividend of 16% for the year 2015-16.
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HUMAN RESOURCE DEVELOPMENT

A comprehensive HR policy covering the HR functions was put in place to
augment the existing manpower and bridge the skill gaps in areas like Credit,
Information Technology, etc.
The newly recruited officers and staff are being groomed and mentored for their
integration with the organizational culture. The Cooperative society training to the
employees during the year for sharpening their skills, updating their knowledge
and competency levels.
FOUNDATION DAY CELEBRATIONS

The Cooperative society Foundation day was celebrated on 5th of May amidst lot
of cheer and enthusiasm. Competitions were held in various cultural events for the
staff members.
AWARDS
I am happy to inform you that the society is the recipient of “BEST CO-
OPERATIVE SOCIETY AWARD-2011” From Shri. H. K Patel
President of Urban Co-operative Society, on the Occasion of “58th
Akhila Bharatha Sahakar Saptaha”-at Sirsi.
31
32
Board of Directors :
Dr. Shivasharanappa Ithli Sri Pampanna Gundalli

Chairman Vice Chairman
Dayananda Jogin Laxmipati Illur Parshwanatha Kolar Sharanappa Hullur

Director Director Director Director
Sri Manjunath Bijjal Sri Parshwanath Kolhar Sri Prakash Dhariwal Sri
Pampanna Kodihal Director Director Director
33
Director
C E O of SBPSSN MASKI
Sri Veeresh Hiremath

CEO
Advisory Committee Members :
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Sri Mahantesh Maski Sri Shivaraj Ithli Sri Veeresh Soudri
Sri Bhramaramba Pattina Souharda Sahakari Ni Maski :
MAIN BRANCH : MASKI
o Sub Branches :
 LINGASGUR
 SIRAGUPPA
 KAVITAL
 RAICHUR
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Other Services :
 RTGS/NEFT Services for our customers

 PAY ORDER Service
 Smart shop facility(D2H, MOBILE REACHARGE,TICKET BOOKING
ETC)
 Pan card facility.
 E-stamping service (Linagasugur Branch)
 Safe-deposit LOCKER FACILITY (Linagasugur & Kavital Branch).
RTGS Facility:
Times of Settlement Charge per transaction (Rs.) (including time varying tariff)
From 10:30 AM To 2
Above Rs.2.00 lac to Rs.5.00 lac Above Rs.5.00 lac
PM (Mon-FRI)
From 10:30 AM To 12 30/- + applicable Service Tax 60/- + applicable Service Tax
PM (SAT)
36
Facility closed on
society holidays and
Sundays
NEFT:
S.NO. PARTICULARS CHARGES
01 Upto Rs. 2.00 lacs Rs. 30/- per transaction plus service tax
These charges are applicable for all types of transactions including inter society
fund transfers and for transactions originated and payable in India.
PAN Card Services

Customers can avail the services for applying PAN CARD at designated branches.
e-Stamping Services
Our Lingasugar branch offer e-Stamping services for any denomination starting
from Rs 10/-
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E-stamping is a computer-based service, and a secured electronic way of stamping

documents. The prevailing system of physical stamp paper/franking is being
replaced by the e-stamping system.
SAFE Deposit LOCKERS

We provide safe Deposit locker facility at a nominal annual rental charges. Lockers
are of different sizes.
AWARDS :
Bhramaramba Co-operative Society President & CEO has received
the award of "BEST CO-OPERATIVE SOCIETY AWARD-2011"
38
From Shri H. K Patel, President of Urban Co-operative Society, on the
Occasion of 58th "Akhila Bharatha Sahakar Saptaha-2011" at Sirasi
on 17th Nov 2011, with presence Educational Minister Shri
Vishaweshwara Hegade Kagere.
Different Accounts facilities

 Saving A/c
 Corporate A/c
 SAVINGS ACCOUNT :
A rupee saved is a rupee earned Save with Bhramaramba

Savings Society Account gives you an opportunity to set aside a portion of your
small savings that provides you with hassle free access to your money while
earning a monetary return.
Features:
 Minimum balance (without cheque book) Rs.250/-
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 Minimum Balance (with cheques book) - Rs.500/-

 Within 6 months you have 48 times withdrawal facility
 ROI 4 %
 ATM Card
 SMS Alerts on your mobile

Deposit SCHEMES
Interest Rates on Deposits
S.
Slab/Category Rate of Interest
No.
Other than Sr. Citizens Ladies &Sr. Citizens
Savings Deposits 4.00% 4.00%
TERM Deposits
1. 30 Days to 90 Days 6.50% 6.50%
2. 91 Days to 180 Days 7.50% 7.50%
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3. 180 Days to up to 1 year 9% 10%
5. Above 1 Year & up to 2 Years 10.25% 11.25%
6. Above 2 Years & up to 3 Years 10.50% 11.50%
8. 3 Years & Above 9.50% 10.50%
Deposit SCHEMES
Period ROI
1 TO 2 Years 9.00
2 TO 3 Year 10.00
Above 3 years 10.50
 Term Deposits (Fixed Deposit) - period 6 months For senior citizens Ladies
1% extra ROI)
 Recurring Deposits (RDA)
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Small regular monthly savings that grow into a lump sum amount. Suitable to
salaried employees and monthly earners.
 Bhramaramba Freedom saving Deposit (BFSD) -Period 6-12 months, ROI

6%
 Bhramaramba Recurring Deposit (BRD)Minimum amount 500/1000, 71
months, ROI 11%
 Prathiksha Deposit (PRD) Deposit amount 110000, Period 12-24 Months,
ROI 12.12% Monthly interest amount 1000
 Mahalakshmi Cash certificate (MCC)
 Bhramaramba Cash Certificate (BCC)
 Saving Society A/c (SBA)
 SMD Pigmy Daily/weekly saving account
Period ROI
1 TO 2 Years 3.00
2 TO 3 Year 4.00
Above 3 years 6.00
 Bhramaramba Bound (BB) -Minimum amount Rs.5000 Period 78 months,

ROI 10.81% Double Money schemes
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 Staff Security Deposit (SSD)
Corporate Accounts
Current Account can be opened by Individuals / Businessmen / Proprietorship
concerns/ Partnership Firms/ Public or Private Limited Companies.
Features:
 No restriction on transactions either in number or in amount.

 Minimum balance without cheque book Rs. 500/-, with cheque book Rs.
1000/-
 Multi City Cheque Book facility
 SMS Alerts on your mobile
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Loan Products
Vehicle Loan (VLA)
 Two wheelers ROI - 18%

 4 wheelers ROI - 16%
 Minimum one surety
 Hypothecation on vehicle
Housing Loan
Education Loan
Surety Loan (SLA)
 Maximum Limit Rs.25000

 ROI 19%
 Two member's surety
 Maximum Installment 24 months
Property Loan (PLA)
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 Mortgage on property
 ROI 17% (Up to two lack. 17% & above 2 lack. 16%)
 Properties are Land Building & plot
 Re-payment period 5 years (Maximum)
 Loan sanction on market value 60 to 65%
Hypothecation Loan (HPL)
 Two wheelers ROI - 19%

 4 wheelers ROI - 17%
 Minimum one surety
 Hypothecation on vehicle
 HP in insurance copy.
 Loan sanction on insurance id value 60 to 65%
Pledge Loan
 ROI 14%
 Maximum Limit 65% on market value
 Stock paddy to the pledge
 Repayment period 6 months to 1 year
Overdraft Loan (ODL)
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 This facility is for business man against any colateral security.

 ROI 16 % TO 17%
 Interest is charged on outstanding amount
Cash Credit Loan (CCL)
 This facility is provided against fixed deposit or any colateral security.

 Interest is charged on outstanding amount.
 Sanction to limit
Gold Loan (GLA)
 Maximum loan amount will be 75% on appraisers valuation

 ROI 15%
 Repayment period 1 year.
Deposit Loan (FDL)
 ROI offered 2% extra on loan

 Maximum Loan amount limit will be 85% to 90% on deposit
Loans on pigmy deposit
 ROI - 15% on pigmy

 Maximum Loan amount limit will be 80% on deposit
 Repayment Period 1 year
46
PHOTOS OF SBPSSN MASKI
SBPSSN MASKI Celebrating UGADI SAMBRAMA-2015

10th anniversary Photo at
Lingasgur Branch
47
SBPSSN BRANCH RAICHUR 11TH GENERAL BODY MEETING
2nd PUC Highest Student Award
CHAPTER-3
48
THERIOTICAL
BACKGROOUND OF
THE STUDY
CHAPTER-3
THEORETICAL BACKGROUND OF THE STUDY
3.1 INTRODUCTION :
A loan is a type of debt. Like all debt instruments, a loan entails the distribution of
financial assets over time, between the lender and the borrower.
In a loan, borrower initially receives or borrows an amount of money called the

principle from the lender and is obligated to pay back or repay an equal amount of
money to the lender at a later time. Typically the money is paid back in regular or
partial repayments, in an annuity each installment is the same amount.
49
The loan is generally provided at a cost, referred to as interest on the debt, which
provides an incentives for the lender to engage in the loan. In a legal loan , each of
these obligations and restrictions is enforced by contract, which can also place the
borrower under additional restrictions known as loan covenants. Although this
article focuses on monetary loans in practices any material object might be lend.
3.2 MEANING OF LOANS & ADVANCES :
The term ‘loan’ refers to the amount borrowed by one person from another. The
amount is in the nature of loan and refers to the sum paid to the borrower. Thus.
from the view point of borrower, it is ‘borrowing’ and from the view point of
society, it is ‘lending’. Loan may be regarded as ‘credit’ granted where the money
is disbursed and its recovery is made on a later date. It is a debt for the borrower.
While granting loans, credit is given for a definite purpose and for a predetermined
period. Interest is charged on the loan at agreed rate and intervals of payment.
‘Advance’ on the other hand, is a ‘credit facility’ granted by the Bank. Banks grant
50
advances largely for short-term purposes, such as purchase of goods traded in and
meeting other short-term trading
liabilities. There is a sense of debt in loan, whereas an advance is a facility being
availed of by the borrower. However, like loans, advances are also to be repaid.
Thus a credit facility- repayable in installments over a period is termed as loan
while a credit facility repayable within one year may be known as advances.
However, in the present lesson these two terms are used interchangeably.
Utility of Loans and Advances :

Loans and advances granted by commercial Banks are highly beneficial to
individuals, firms, companies and industrial concerns. The growth and
diversification of business activities are effected to a large extent through society
financing. Loans and advances granted by society help in meeting short-term and
long term financial needs of business enterprises. We can discuss the role played
by Banks in the business world by way of loans and advances as follows :-
(01 ) Loans and advances can be arranged from Banks in keeping with the
flexibility in business operations. Traders, may borrow money for day to day
financial needs availing of the facility of cash credit, Bank overdraft and
51
discounting of bills. The amount raised as loan may be repaid within a short period
to suit the convenience of the borrower. Thus business may be run efficiently with
borrowed funds from Banks for financing its working capital
requirements.
(02) Loans and advances are utilized for making payment of current liabilities,
wage and salaries of employees, and also the tax liability of business.
(03) Loans and advances from Banks are found to be ‘economical’ for traders and
businessmen, because Banks charge a reasonable rate of interest on such
loans/advances. For loans from money lenders, the rate of interest charged is very
high. The interest charged by commercial Bank is regulated by the Reserve Bank
of India.
(04) Banks generally do not interfere with the use, management and control of the
borrowed money. But it takes care to ensure that the money lent is used only for
business purposes.
(05) Bank loans and advances are found to be convenient as far as its repayment
is concerned. This facilitates planning for future and timely repayment of loans.
Otherwise business activities would have come to a halt.
(06) Loans and advances by Banks generally carry element of secrecy

with it. Banks are duty-bound to maintain secrecy of their transactions with the
customers. This enhances people’s faith in the Banking system.
52
3.3 Borrowing Rate and Lending Rate :
People make their funds available to the Banks by depositing their ‘savings’ in
various types of accounts. In other words, Bank funds mainly consist of deposits
from the public, though society may also borrow money from other institutions and
the Reserve Bank of India. Banks, thus mobilize funds through its deposits. On
public deposits the Banks pay interest at and the rate of interest vary according to
the type of deposit. The borrowing rate refers to the rate of interest paid by a Bank
on its deposits.
The rates which the Banks allow depend upon the nature of deposit account and
the period for which the deposit is made with the Bank. No interest is generally
53
paid on current account deposits. The rate is relatively lower on savings account
deposits. Higher rates ranging from 6% to 12% per annum are paid on Fixed
deposit accounts according to the period of deposit. Banks also borrow from other
institutions as well as from the Reserve Bank of India. When the Reserve Bank of
India lends money to commercial Banks, the rate of interest it charges for lending
is known as ‘Bank Rate’.
The rate at which commercial Banks make funds available to people is known as
‘Lending-rate’. The lending rates also vary depending upon the nature of loans
and advances. The rates also vary according to the purpose in view. For example if
the loan is sanctioned for the purpose of activities for the development of backward
areas, the rate of interest is relatively lower as against loans and advances for
commercial/business purposes. Similarly for smaller amounts of loan the rate of
interest is higher as compared to larger amounts. Again lending rates for consumer
durables, e.g. loans for purchase of two-wheelers, cars, refrigerators, etc. are
relatively higher than for commercial borrowings.
54
However, the Reserve Bank of India from time to time announces changes in the
interest-rate structure to regulate the lending of funds by Banks. Different rates of
interest are prescribed for various categories of advances, such as advances to
agriculture, small scale industries, road transport, etc. Graded rates of interest are
prescribed for backward areas. Lower rate is normally charged from agencies
selling food-grains at fixed price through Govt. approved outlets. Lastly, lower rate
of interest is charged for loans granted to persons belonging to ‘weaker sections of
the society’.
3.4 Lending of Money :

(I) Loans
Loan is the amount borrowed from Banks. The nature of borrowing is that the
money is disbursed and recovery is made in instalments. While lending money by
way of loan, credit is given for a definite purpose and for a pre-determined period.
Depending upon the purpose and period of loan, each Bank has its own procedure
for granting loan. However the Bank is at liberty to grant the loan requested or
refuse it depending upon its own cash position and lending policy. There are two
types of loan available from Banks :
55
(a) Demand loan, and

(b) Term loan
(A) Demand Loan is a loan which is repayable on demand by the society. In

other words, it is repayable at short-notice. The entire amount of demand loan is
disbursed at one time and the borrower has to pay interest on it. The borrower can
repay the loan either in lumpsum (one time) or as agreed with the Bank. For
example, if it is so agreed the amount of loan may be repaid in suitable
instalments . Such loans are normally granted by Bank against security. The
security may include materials or goods in stock, shares of companies or any other
asset. Demand loans are raised normally for working capital purposes, like
purchase of raw materials, making payment of short-term liabilities.
(B) Term Loans : Medium and long term loans are called term loans. Term loans
are granted for more than a year and repayment of such loans is spread over a
longer period. The repayment is generally made in suitable instalments of a fixed
amount. Term loan is required for the purpose of starting a new business activity,
renovation, modernization, expansion/ extension of existing units, purchase of
plant and machinery, purchase of land for setting up of a factory, construction of
factory building or purchase of other immovable assets. These loans are generally
secured against the mortgage of land, plant and machinery, building and the like.
56
(II) Cash credit : Cash credit is a flexible system of lending under which the
borrower has the option to withdraw the funds as and when required and to the
extent of his needs. Under this arrangement the Banker specifies a limit of loan for
the customer (known as cash credit limit) up to which the customer is allowed to
draw. The cash credit limit is based on the borrower’s need and as agreed with the
society. Against the limit of cash credit, the borrower is permitted to withdraw as
and when he needs money subject to the limit sanctioned.
(III) Overdraft :
Overdraft facility is more or less similar to ‘cash credit’ facility. Overdraft facility
is the result of an agreement with the Bank by which a current account holder is
allowed to draw over and above the credit balance in his/her account. It is a short-
period facility. This facility is made available to current account holders who
operate their account through cheques. The customer is permitted to withdraw the
amount of overdraft allowed as and when he/she needs it and to repay it through
deposits in the account as and when it is convenient to him/her.
Overdraft facility is generally granted by a bank on the basis of a written

request by the customer. Sometimes the bank also insists on either a promissory
note from the borrower or personal security of the borrower to ensure safety of
57
amount withdrawn by the customer. The interest rate on overdraft is higher than is
charged on loan. The following are some of the benefits of cash credits
And overdraft :-
(i) Cash credit and overdraft allow flexibility of borrowing,

which depends upon the need of the borrower.
(ii) There is no necessity of providing security and

documentation again and again for borrowing funds.
(iii) This mode of borrowing is simple and elastic and meets

the short term financial needs of the business.
3.5 Long-term and Short-term Loans :
Commercial banks grant loans for different periods-long, short and medium term
for different purposes.
(1) Short-term loans :

Short term loans are granted by banks to meet the working capital needs of
business. The working capital needs refer to financial needs for such purposes as,
purchase of raw materials, payment of wages, electricity bill, taxes etc. Such loans
are granted by bank to its borrowers to be repaid within a short period of time not
exceeding 15 months. Short term loans are normally granted against the security of
58
tangible assets like goods in stock, shares, debentures, etc. The rate of interest
charged on short term loans ranges from 12% to 18% p.a.
(2) Term Loans :

Medium and long term loans are generally known as ‘term loans’. These loans are
granted for more than 15 months. In case of medium term loan, the period ranges
from 15 months to less than 5 years. Medium term loans are generally granted for
heavy repairs, expansion of existing units, modernization/renovation etc. Such
loans are sanctioned against the security of immovable assets. The normal rate of
interest ranges between 12% to 18%
depending upon the period, purpose, nature and amount of the loan. Though banks
may grant long term loans, they avoid granting loan for more than 5 years.
CHAPTER-4
59
DATA ANALYSIS
&
INTERPRETATION
CHAPTER-4
DATA ANALYSIS & INTERPRETATION
Table 1:
Preferences of the customers for the loans
Kind of No. of Percentage

Loan Respondent (%)
House loan 16 32%
Personal 15 30%
60
loan
Consumer
6 12%
loan
Educational
8 16%
loan
Vehicle loan 3 6%
Other 2 4%
GRAPH NO : 01
61
Figure 1: Preferences of the customers for the loans
Present study reveals that majority of the respondents have taken house loans
& personal loans and less respondents prefer consumer, educational and
vehicle loans.
Table 2:
Range of the amount of loans
No. of
Loan Amount Responden Percentage (%)
t
Less than 20,000 4 8%
20,000-50,000 10 20%
50,000- 1 lack
6 12%
More than 1 lack 30 60% 62

GRAPH NO : 02
Range of the amount of loans
63
Present Study reveals that 8 % people prefer loan less than 20,000, 20 %
respondents prefer 20,000 to 50,000,12 % prefer more than 1 lack and 60% of the
respondents prefer more than 1 lack.
Table 3:
Preferable term of loan
Term of Loan No. of Percentage(%)
respondent
Less than 1 year 6 12%
1 to 3 years 10 20%
More than 3 years 32 64%
GRAPH NO : 03
64
Preferable term of loan
Study shows that 64 % respondents take loan for more than 3 years, 20 % take loan
for 1 to 3 years and 12% take loan for the period of less than 1 year.
Table 4:
What prompted the customers to take loan from cooperative society
65
Reason for taking loan No. of Respondent Percentage (%)
Reasonable rate of interest 6 12%
More schemes 5 10%

Less formalities 17 34%
Easy repayment 19 38%
Any other 3 6%
GRAPH : 04
Study reveals that 38 % take loan because society provide easy payment,34% take
loans because of less formalities and other respondents take loan because of
reasonable rate of interest, more schemes .
Table : 5
Ranking of the facilities provided by the co-op. society
66
Rank the facility No. of Percentage (%)

respondent
Above average 16 32%
Average 30 60%
Below average 4 8%
GRAPH : 05
Study shows that 60% of the respondent says that facility provided by the society
are average, 32% say that its above average and 8% says that its below average.
Table: 06
Customer’s ranking for service of the society
67
Rank the customer

No. of responedent Percentage(%)
services
Excellent 12 24%
Good 26 52%
Average 12 24%
Poor 1 2%
GRAPH 06
Study shows that 52% of the respondents says that customer service of the society
is good,24% says that it is excellent and another 24 % says its average and only 2
% says its poor.
68
Table: 07
Preferable Banks for borrowing facilities
Preferable society in
No. of respondent Percentage (%)
future
Public banks 7 14%
Private banks 15 30%
Cooperative banks 28 56%
GRAPH 07
Study shows that 56 % of the respondents wil prefer loans from co-operative
banks, 30 % from the private banks and 14 % from the public banks.
SBPSSN SOCIETY FINANCIAL GRAPHS :
69
SHARE CAPITAL
TABLE NO-08
YEARS SHARE CAPITAL IN LACKS
2011 101.89
2012 111.36
2013 125.19
2014 147.79
2015 184.52
SHARE CAPITAL
200
180
160
140
120 SHARE CAPITAL
100
80
60
40
20
0
2011 2012 2013 2014 2015
DEPOSITS
70
TABLE NO 09
YEARS DEPOSITS
2011 2488.88
2012 3697.72
2013 5201.24
2014 6992.58
2015 9226.65
DEPOSITS
10000
9000
8000
7000
6000
DEPOSITS
5000
4000
3000
2000
1000
0
2011 2012 2013 2014 2015
LOANS AND ADVANCES

TABLE NO :10
71
YEARS LOANS AND ADVANCES
2011 1938.73
2012 2962.46
2013 3826.31
2014 5073.64
2015 6825.38
8000
7000 LOANS AND ADVANCES

6000
5000
4000
3000
LOANS AND ADVANCES
2000
1000
0
2011 2012 2013 2014 2015
WORKING CAPITAL
TABLE NO :11
YEARS WORKING CAPITAL
72
2011 2764.48
2012 4009.69
2013 5656.76
2014 7586.62
2015 10009.41
WORKING CAPITAL (LACKS)

12000
10000
8000
WORKING CAPITAL (LACKS)
6000
4000
2000
0
2011 2012 2013 2014 2015
PROFIT
TABLE NO :12
YEARS PROFIT
73
2011 55.34
2012 84.15
2013 97.40
2014 124.52
2015 165.10
PROFIT
180
160
140
120
100 PROFIT
80
60
40
20
0
2011 2012 2013 2014 2015
SBPSSN MASKI BALANCE SHEET AS ON 31ST MARCH 2015
74
SBPSSN MASKI PROFIT &LOSS ACCOUNT AS ON 31ST MARCH 2015
75
76
CHAPTER-5
FINDING
SUGGESTIONS &
CONCLUSION
CHAPTER-5
77
FINDING,SUGGESTIONS AND CONCLUSION
5.1 FINDINGS :
1. Majority (32% as per the study) of the respondent were having housing loan
from this society.
2. Most (64% as per the study) of the people prefer to take long term loan which is
more than 3 years.
3. There is a very simple procedure followed by society for loan .
4. Easy repayment and less formalities are the main factors determining
customer‟s selection of loans.
5. Quality of services provided by the staff is satisfactory because society is
catering to a small segment only and the customers are properly dealt with.
6. Customers are satisfied with the mode of repayment of installments.
7. Average time for the processing of loan is less i.e approx 7 days.
5.3 SUGGESTIONS :
78
 The society should adopt the modern methods of Banking like internet
Banking, credit cards, ATM, etc.
 The society should plan to introduce new schemes for attracting new
customers and satisfying the present ones.
 The society should plan for expansion of branches.
 The society should improve the customer services of the society to a better
extent.
5.4 CONCLUSION :
The above finding and suggestions clearing that the society employees are good in
their work, the society was concentrating equal towards all the loans and advances
are charge in the satisfaction from one person to another person is change.
According to the study it shows that majority of the existing customer are satisfied
with loans and advances of the product of the SBPSSN MASKI and entire
customer are continued chain of membership in area where through transaction of
the government policy is to reducing the rate of interest management of the funds
will be the prime task.
79
BIBILIOGRAPHY
BIBILOGRAPHY
80
1.BOOKS :
NAME OF THE NAME OF THE

SL NO
BOOKS AUTHOR
ICBA, International Co-
1.
operative Banking M.M.Khan
Association
Prabhat K Pankaj.
2.
Modern Banking (published by deep and
deep publications, New
Delhi)
Sadashiv Halasagi
3.
(published by
Financial services Siddalingeshwara
prakashan)
4. B.S.Raman
Banking theory and (United publishers
practice Mangalore)
Library Books
5.
Website :
81
1. www.sbscooperative.in (official website)

2. www.serveycouncil.co.in
3. www.google.co.in
82
ANNEXURIE
ANNEXURIE
QUESTIONNARIE
83
Dear sir/Madam
I am student of the, DEVANAMPRIYA ASHOKA G.F.G COLLEGE (U.G & PG) Maski
pursuing M.Com 4th sem during work entitled “loans and advances in SBPSSN
Maski”. Request you to spend your valuable time to answer all these questions,
which will help for our assigned task. All information given by you will be treated
confidential and will be used only for academic purpose. Your response could be
helpful in making this research a success.
Name: Manjunatha
Age : 26
Sex : Male( √ ) Female( )
Designation :_________________________________________________
Address:
Near Ramakrishna colony
Maski-584124
Mobile : 9008440070
Email Id : mkm9555@gmail.com
1.Name of the customer : Manjunatha
Age :
84
A. lesser then 18 [ ] B. 18 to 25 years [ √ ]

C. 25 to 35 years [ ] D. 35 years above [ ]
2. Sex :
A. Male [ √ ] B. Female [ ]
3. Material status :
A. Married [ ] B. Unmarried [√ ]
4. Education :
A. below S.S.L.C [ ] B. S.S.L.C [ ]
C. Degree [ √ ] D. Uneducated [ ]
5. Customer profile :
A. Student [ ] B. Employee [ ]
C. Business man [ √] D. Agriculture [ ]

85
6. whether the procedure is easy to open an account :
A. Yes [ √] B. No [ ]
7. your account associated with the services like :
A. Cheque book [ ] B.ATM card [ √ ]
8. Income per month (in Rs)
A. Below 10000 [ ] B.10000-50000 [ √ ]
C, 1,50,000-2,00,000 [ ] C. 2,00,000-2,50,000 [ ]
9.which purpose opens the account in the SBPSSN society ?
A. Loan [ √] B. Savings [ ]
C. Cheque book [ ] D. Safty [ ]
86
10. which deposit interest rate should be more satisfied in the SBPSSN
SOCIETY ?
A. SB Account [ √ ] B. Current Account [ ]
C. R D [ ] D. Fixed deposits [ ]
11. whether there is a suitable interest rate to customers :
A. Yes [ √ ] B. No [ ]
12. what is the society feedback on documentation process ;
A. Very Satisfied [ ] B. Satisfied [ √ ]
13. Service provided by SBPSSN society when compare with other institutions
or Society ?
A. Good [ √ ] B. Adequate [ ]
C. Satisfactory [ ] D. Poor [ ]
87
14. whether the customers are satisfied by interest rates charged by society ;
A. Yes [ √ ] B.No [ ]
15. what is the opinion about the service charges ?
A. High [ ] B. Moderates [√ ]
C. Low [ ]
16. what are the advantage of open the account in SBPSSN Society ?
A. High interest rate [ ] B. Liquidity [ ]
C. If any other specify [ ]
17. why do prefer this society compared to other society ?
A._______________________________________
B._______________________________________
88
18. please give me your suggestions for improvement of working/servicing of

SBPSSN society ?
A._____________________________________________________________
B._____________________________________________________________
THANK YOU
89

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Loans & Advances In SBPSSN

2 SOCIETY PROFILE 13-46

FINDING & SUGGESTIONS

The main areas of operation of co-operatives in India are as under :

 Urban credit Co-operatives.

 Public Distribution of essential commodities through consumer

The National Co-operative Development Corporation (NCDC), a statutory body

The National Agricultural Co-operative Marketing Federation (NAFED) has over

Today Co-operatives are committed to securing an improvement in the quality of

Lending of loan directly influence the growth, lending of loan at reasonable

1.2 STATEMENT OF THE PROBLEM :

1.3 OBJECTIVES OF THE STUDY :

 To measure and compare the efficiency of Cooperative Society of India.

1.4 SCOPE AND IMPORTANCE OF THE STUDY:

1.5 RESEARCH METHODOLOGY :

 Sources of Data Collection.

2. Annual reports of SBPSSN SOCIETY MASKI BRANCH.

3. sbscooperative.in official website

1.6 LIMITATIONS OF THE STUDY :

1.7 OVER VIEW OF THE CHAPTERS :

THIS STUDY IS DIVIDED INTO FIVE CHAPTERS.

CHAPTER 1 : RESEARCH DESIGN

CHAPTER 2: SOCIETY PROFILE

SBPSSN MASKI BRANCH .

CHAPTER 3: Theoretical back ground of the study

This chapter includes Theoretical back ground of loans & advances.

CHAPTER 4: Analysis & Interpretation

important part of the project report.

CHAPTER 5: Findings & Suggestions

 Mumbai Cooperative Societies Act, 1925

 Madras Cooperative Societies Act, 1932

 Madras Land Mortgage Act, 1934

 Kodagu Cooperative Societies Act, 1936

 Mysore Cooperative Societies Act, 1948

 Hyderabad Cooperative Societies Act, 1952

 Hyderabad Land Mortgage Act, 1949

As on March 2004, Karnataka has 32,804 cooperative societies Under which

Karnataka is progressive in Cooperative movement. It is pioneers in bringing

According to Sir John Paget, “ No person on body corporate or otherwise can be

Public sector Bank:

Private sector Bank:

1. Old Generation private Bank

1.Industial Finance Corporation of India (IFCI)

India is a country where agriculture is still a predominant activity. Our

A co-operative society promotes economic activity and provides Banking

Co-operative means ‘ a from of organization where in persons voluntarily

voluntary association and open membership, democratic management, limited

The Indian co-operative Banking system is a 3-tier system. If consists of three

1. primary credit societies at the base

Primary Credit Societies

Central Co-operative Bank

Central co-operative society are federation of primary credit societies

State Co-operative Bank

District Central Co-operative Bank (DCC Bank)

Primary co-operative credit societies in a particular area, generally a district,

And the representatives of primary societies on the board of management of DCC

Sri Bhramaramba Pattina Sanga. Maski, a cooperative society registered under

The society operates in 4 districts of Karnataka (India) i.e. Raichur, Koppal,

Bhramaramba Cooperative society successfully completed 16 years, also

"To make brand "SBPSSN.MASKI" synonymous to trust and reliability, to provide

By the year 2020,SBPSSN.MASKI aims to achieve ambitious Business target of

TARGET FOR THE YEAR ENDING 31.03.2016