SBIOA Co-operative Thrift & Credit Society

The Association promoted a credit society in 1975 to meet the credit needs of the officers and registered under Multi State Co-operative Societies Act. Our society is one of the top leading multi state co-operative society in india. It serves more than 1500 members. The Society promotes and develops the habit of thrift amongst its members. For the first time a lady member has been elected as Vice President of our Thrift & Credit Society. The Society is 40 years old and has always been treated as ‘A’ Class Society by the registrar of Co-operative Society. The society has declared a dividend of 10.25%. Society has done a remarkable achievement by announcing sanction of Rs.1,00,000/ as flood loan with simple interest at 5% pa.