You need to know about cooperative society software

September 10, 2020 @ 12:01 PM By Credit Cooperative

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Whats is Cooperative Software?

Cooperative Software is a .net based online data base software that can make the process of registration, agreement, maturity calculation of recurring deposit (RD) and fixed deposit (FD) and calculation of the commission easy and reliable. Below we have mentioned

Main objective of Cooperative society

The main objective is to provide support to the members. Nobody joins a cooperative society to earn profit. People come forward as a group, pool their individual resources, utilize them in the best possible manner, and derive some common benefit out of it.

The Objective of Co-Operative Banks

Co-operative banks aim to offer credit to the common man at moderate interest rates, eliminating the dominance of private money lenders. Providing agricultural loans to farmers at low interest rates for the growth of the agricultural sector and allied activities. These are the things can be managed by cooperative software company.

Cooperative Society Software Features

a) Customization as per client’s needs

b) Secured and safe web based application

c) Provides various analytical and statistical reports

d) Agent’s commission

e) Branch management

f) Member registration

g) Agent wise customer’s report

when a company registers under the Co-operative Societies Act, 1912 it becomes a separate legal entity. Thus, a Co-operative Society holds a limited liability of its members. Any instances like, insolvency, death, or lunacy of the member will not affect the Co-operative Societies. Also, members have the power to enter in an agreement with others to sell or purchase properties under its name.

Document Required for Cooperative Society Registration

A. Submit PAN Card of all the members of your proposed society with the registration application.

B. Next, deposit the valid Residential proof of all the members including, Bank Statement, Driving License, Aadhaar Card, Utility Bill and Passport.

C. Prepare a Memorandum of Association [1] that must contain these clauses and information:
1. The central objectives of your society for which it got established.
2. All details of members forming the society
3. The address of the registered office of your society.

D. A copy of the Address Proof, where the registered office of your society will get located along with a NOC (No Objection Certificate) from the landlord if any.

E. Give a list of all the members of the governing body with their signatures.

We are providing cooperative society services in Delhi, West Bengal, Maharashtra, Karnataka, Kerala, Rajasthan, MP, UP, Uttarakhand, Andhra Pradesh, Gujarat, Jharkhand, Chandigarh, Chhattisgarh etc. If you have any questions regarding cooperative society registration, cooperative software, cooperative society software, then you may call 9330160431.

About the author:

We are 12 years of experience in software company in India. We are providing all type of accounting software, banking software at best rate.

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