PROJECT REPORT

ON
FINANCIAL ANALYSIS OF COOPERTIVE BANK
(Commenced at the Central Cooperative Bank Ltd., H.O., Sangrur)

Preented !n "ul"illment "or the a#ard o"
$ater o" Buine %dminitration

SUBMITTED TO : SUBMITTED
BY:
H.O.D GEETIKA SHARMA ISHA
MBA (PTU)
1325302
SAHEED UDHAM SINGH COLLEGE OF ENGINEERING
AND TECHNOLOGY, TANGORI
1
CERTIFICATE

This is certified that ISHA bearing Roll no.1352302 MBA has
comleted his ro!ect reort title "FINANCIAL ANALYSIS OF
COOPERTIVE BANK under my supervision to the best of my knowledge
and belief and this is her original work and is of the standard expected of MBA
student.
$r. Sumeet kaur
P&O'(C) *+!,(
-or )he Sangrur Central Co.operative Bank Ltd.
$r. /ihal *arg
(Branch $anager#

2
%C01O2L(,*($(1)
$ith a dee sense of gratit%de I than&s to all those 'ho ha(e been instr%mental in
the de(eloment of the ro!ect reort. I am than&f%l to $r. /ihal *arg ) Manager)
*ooerati(e Ban&) Head +ffice) Sangr%r 'hose ositi(e attit%de) g%idance and faith
in m, abilit, s%rred me to erform 'ell. He is (er, helf%l- he f%lfilled the e(er,
re.%irement and time to time g%ide me. $hene(er I did not %nderstand an,thing)
then I as&ed again and again) b%t he did not feel an, irritation) He beha(ed (er,
olitel,. He ga(e me ractical &no'ledge along 'ith theoretical &no'ledge. He
g%ided me) 'hat sho%ld be the /erforma of ro!ect. So he has lot of contrib%tion to
comlete m, ro!ect. In the end I 'ant to sa, than&s to H.O., $r.*eetika Sharma)
S%H((, +,H%$ S!1*H COLL(*( O- (1*!1((&!1* %1, )(CH1OLO*3,
)%1*O&!. I co%ld 'rite onl, these fe' 'ords abo%t him. I don0t %nderstand 'hat I
'rite in the raise of him) I ha(e no more 'ord beca%se he is (er, 1(er, helf%l.



1%$(.!SH%
$B%
&OLL 1O..4567586


3
TABLE OF CONTENTS
C!"#!"$ %&'# !.
Certificate
eclaration
Acknowledgement
4. !1)&O,+C)!O1 7
6. &(/!(2 O- L!)(&%)+&( 9
5. CO$P%13 P&O-!L( 48
:. &(S(%&CH OB'(C)!/(S 58
7. &(S(%&CH $()HO,OLO*3 56
;. 2O&0!1* O- COO(&%)!/( B%10 55
<. S+**(S)!O1S <<
(. BIBLIOGRAPHY )(
*. +UESTIONARE )*,(-
!
!1)&O,+C)!O1 O- B%10!1*
In simle 'ords a Ban& refers to an Instit%tion that deals in mone, 2 credit.
Ban&s are the main center of b%siness 2 commerce. Ban&s &et imortant role in the
economic condition of all the co%ntries of the 'orld.
The 'ord 3Ban&0 comes from the
'ord Banc%s or Ban.%e 'hich mean is Bench. In the 'ords of &indl,) Ban& is an
4stablishment that ma&es s%ch ad(ances of mone, or other means of a,ments as
ma, be re.%ired and safet, made to 'hich indi(id%als interest mone, or means of
a,ments 'hen not re.%ired b, them for %se.
According to Ban&ing reg%lation act 1565) "7or the %rose of lending or
in(estment) acceting of deosits of mone, from the %blic) rea,able on demand
on other'ise and 'ithdra' b, che.%e) draft) order or other'ise.8

-+1C)!O1S O- % B%10=
A tree is &no'n b, its fr%its as 'ell as Ban&s &no'n b, his 'or&s. Ban&s ha(e done
so man, other imortant f%nctions instead of deositing 2 lending mone,. Ban&s
f%nctions are di(ided into t'o arts9 1
/rimar, 2 Ban&s f%nction
Secondar, 2 heling f%nction
4= P&!$%&3 -+1C)!O1S
:eositing Mone, :eositing Mone,
;ending Mone, ;ending Mone,
,(POS!)!1* $O1(3 ,(POS!)!1* $O1(3= = 1 1
It0s deosited b, three 'a,s for oening a9 It0s deosited b, three 'a,s for oening a9
7i<ed deosit a=c 7i<ed deosit a=c
Sa(ing deosit a=c Sa(ing deosit a=c
*%rrent deosit a=c *%rrent deosit a=c
"
L(1,!1* $O1(3 L(1,!1* $O1(39 1 9 1
Mone, lending to need, erson in follo'ing 'a,s9 1 Ban& ga(e loans to c%stomers of Mone, lending to need, erson in follo'ing 'a,s9 1 Ban& ga(e loans to c%stomers of
ban& in follo'ing 'a,s9 ban& in follo'ing 'a,s9
;oans ;oans
*ash credit *ash credit
+(erdrafts +(erdrafts
/%rchasing 2 disco%nting of bills. /%rchasing 2 disco%nting of bills.
6= S(CO1,%&3 -+1C)!O1S
Agenc, f%nctions Agenc, f%nctions
>tilit, f%nctions >tilit, f%nctions
%*(1C3 -+1C)!O1S = . %*(1C3 -+1C)!O1S = .
Ban&s had done man, 'or&s to his c%stomer as an agent. These are as follo's9 1 Ban&s had done man, 'or&s to his c%stomer as an agent. These are as follo's9 1
*ollection of che.%es) bills 2 interest etc. *ollection of che.%es) bills 2 interest etc.
/a,ment of Ins%rance remi%m other Installments. /a,ment of Ins%rance remi%m other Installments.
/%rchase 2 sale of sec%rities. /%rchase 2 sale of sec%rities.
Transfer of f%nds Transfer of f%nds
Acting as a tr%stee) e<ec%tor or attorne,. Acting as a tr%stee) e<ec%tor or attorne,.
+)!L!)3 S(&/!C( 9 1

Ban& ga(e ser(ices to societ,. Its ser(ices are as follo's9 1
Safe c%stod, of (al%ables sec%rities. Safe c%stod, of (al%ables sec%rities.
Iss%ing letter of credit) tra(elers0 che.%es. Iss%ing letter of credit) tra(elers0 che.%es.
Acceting bill of e<change. Acceting bill of e<change.
/ro(iding Trade information. /ro(iding Trade information.
:ealing in foreign e<change. :ealing in foreign e<change.
Ad(ice on financial matters. Ad(ice on financial matters.
?i(ing information abo%t credit 'orthiness of c%stomers ?i(ing information abo%t credit 'orthiness of c%stomers
7inancing foreign trade 7inancing foreign trade
#
*redit creation *redit creation
$nderwriting of capital issues % loans&
!$PO&)%1C( O- % B%10= !$PO&)%1C( O- % B%10=
S%-()3 O- $O1(3= S%-()3 O- $O1(3=
The mone, 'ith the ban& remains in safe c%stod, there is al'a,s ris& in The mone, 'ith the ban& remains in safe c%stod, there is al'a,s ris& in
&eeing cash 'ith one0s o'n self. It ma, be lost or stolen. B%siness man li&e &eeing cash 'ith one0s o'n self. It ma, be lost or stolen. B%siness man li&e
to &ee mone, 'ith a ban& to a(oid ris&s of mone, the c%stomer need not to &ee mone, 'ith a ban& to a(oid ris&s of mone, the c%stomer need not
&ee large some of mone,. &ee large some of mone,.
!) C+L)!/%)(S H%B!) O- S%/!1* !) C+L)!/%)(S H%B!) O- S%/!1*9 9
Ban&s c%lti(ates the habit of sa(ing in the Ban& on the one hand are Ban&s c%lti(ates the habit of sa(ing in the Ban& on the one hand are
safe and on the other earned interest for the deositor 'ho romted to safe and safe and on the other earned interest for the deositor 'ho romted to safe and
deosit mone, in their ban&s acco%nts. deosit mone, in their ban&s acco%nts.
-!1%1C!%L H(LP )O C+S)O$(&= -!1%1C!%L H(LP )O C+S)O$(&=
Ban&s allo's o(erdraft facilities to their c%stomer so 'hene(er a Ban&s allo's o(erdraft facilities to their c%stomer so 'hene(er a
c%stomer needs mone, he can e(en 'ithdra' more mone, then the balance in his c%stomer needs mone, he can e(en 'ithdra' more mone, then the balance in his
acco%nt. Ban& also grants loans and credit facilities to their c%stomers. acco%nt. Ban& also grants loans and credit facilities to their c%stomers.
S%-( C+S)O,3 O- /%L+%BL( %&)!CL(S S%-( C+S)O,3 O- /%L+%BL( %&)!CL(S 9 9
@al%able articles deals sec%rit, etc. can also be deosited in the ban& @al%able articles deals sec%rit, etc. can also be deosited in the ban&
for safe c%stod,. Safe deosit (a%lts are ro(ided b, ban& for storing these for safe c%stod,. Safe deosit (a%lts are ro(ided b, ban& for storing these
(al%ables. (al%ables.
O)H(& !1-O&$%)!O1= O)H(& !1-O&$%)!O1=
B, oening an acco%nt 'ith a ban&) the c%stomers ma, also ta&e B, oening an acco%nt 'ith a ban&) the c%stomers ma, also ta&e
ad(antages of (ario%s other ser(ices ro(iding b, the ban&s) s%ch a %rchase and ad(antages of (ario%s other ser(ices ro(iding b, the ban&s) s%ch a %rchase and
sale of sec%rities) tra(elers che.%e etc. sale of sec%rities) tra(elers che.%e etc.
&(L%)!O1SH!P B()2((1 B%10(& > C+S)O$(&= &(L%)!O1SH!P B()2((1 B%10(& > C+S)O$(&=
'
Instead of secondar, f%nctions ban&s ga(e some other imortant ser(ices to Instead of secondar, f%nctions ban&s ga(e some other imortant ser(ices to
his c%stomers. The main f%nction of ban&er 2 c%stomer is as :ebtor 2 *reditor. his c%stomers. The main f%nction of ban&er 2 c%stomer is as :ebtor 2 *reditor.
Ban&er 'or&s as an agent 2 also a tr%stee of his c%stomer. Ban&er 'or&s as an agent 2 also a tr%stee of his c%stomer.
0!1,S O- B%10S= 0!1,S O- B%10S=
*ommercial ban&s *ommercial ban&s
Ind%strial ban&s Ind%strial ban&s
Agric%lt%ral ban&s Agric%lt%ral ban&s
4<change ban&s 4<change ban&s
/ost office sa(ing ban& /ost office sa(ing ban&
Indigeno%s ban&ers Indigeno%s ban&ers
Regional r%ral ban& Regional r%ral ban&
Imort e<ort ban&s Imort e<ort ban&s
Aational ban& to agric%lt%re 2 r%ral de(eloment BAABAR:# Aational ban& to agric%lt%re 2 r%ral de(eloment BAABAR:#
State ban& of India State ban& of India
Reser(e ban& of India Reser(e ban& of India
O&!*!1 %1, *&O2)H O- CO.OP(&%)!/( B%10S=
*o1oerati(e ban&s are a art of the (ast and o'erf%l s%erstr%ct%re of co1
oerati(e instit%tions 'hich are engaged in the tas&s of rod%ction) rocessing)
mar&eting) distrib%tion) ser(icing and Ban&ing in India. The beginning of co1oerati(e
ban&ing in this co%ntr, dates bac& to abo%t 1506 'hen official efforts 'ere initiated to
create a ne' t,e of instit%tion based on the rinciles of *o1oerati(e organiCation
and management 'hich 'ere considered to be s%itable for sol(ing the roblems
ec%liar to Indian conditions.
In r%ral areas) as far as agric%lt%ral and related acti(ities 'ere concerned) the
s%l, of credit) artic%larl, instit%tional credit) 'as 'oef%ll, inade.%ate) and
%norganiCed mone, mar&et agencies) s%ch as mone, lenders) 'ere ro(iding credit
often at e<loitati(el, high rates of interest.
The co1oerati(e ban&s 'ere concei(ed in order to s%bstit%te s%ch agencies)
ro(ide ade.%ate short1term and long1term instit%tional credit at reasonable rates of
interest) and to bring abo%t integration of the %norganiCed and organiCed segments
(
of the Indian mone, mar&et. $hen the national economic lanning began in India)
co1oerati(e ban&s 'ere made an integral art of the instit%tional frame'or& of
comm%nit, de(eloment and e<tension ser(ices) 'hich 'as assigned the imortant
role of deli(ering the fr%its of economic lanning at grassroots le(els. In other 'ords.
&(/!(2 O- L!)(&%)+&(= &(/!(2 O- L!)(&%)+&(=
*onsiderable 'or& of research ta&es lace on efficienc, and rofitabilit, of
Indian
ban&s as 'ell as other related fields li&e ban&ing sector reforms) etc. b, the
academicians) researchers and instit%tions indi(id%all, o%tside the ban&ing s,stem
and also b, instit%tions 'ithin the fold of Indian ban&ing s,stem) (iC. RBI) AIBM)
(ario%s committees set % b, RBI etc. in general and also in artic%lar. A brief re(ie'
of the ma!or st%dies is gi(en here%nder9
$c*regor B15DD# in his st%d, arg%ed that management of sread) 'hich is a otent
tool for imro(ing rofit margins) co%ld be achie(ed b, ma<imiCing net interest
margin. The techni.%e of sread management as sho'n in this anal,sis indicates
the relationshi bet'een asset ,ield and liabilit, costs.
'ohi B15EF# in his st%d, of all sched%led commercial ban&s oerating in India
anal,ses the rofitabilit, and rofit lanning relating to the eriod 15D0 G 15E2. The
st%d, disc%sses and trends in rofits and rofitabilit, of commercial ban&s since
nationaliCation. The factors leading to the deterioration of rofitabilit, are highlighted.
Bhatia, Saveeta and /erma, Satih B1555# made an attemt to determine
emiricall, the factors infl%encing the rofitabilit, of %blic sector ban&s in India b,
ma&ing %se of the techni.%e of m%ltile regression anal,sis.
)
CO$P%13 P&O-!L( CO$P%13 P&O-!L(
)H( S%1*&+& C(1)&%L CO.OP(&%)!/( B%10 L),., S%1*&+& )H( S%1*&+& C(1)&%L CO.OP(&%)!/( B%10 L),., S%1*&+&
The /.*.*.B. ;td.) Sangr%r 'as registered on 2510511565 %nder the *o1+erati(e
Societies Act) 1512.The Ban& is resentl, 'or&ing in 55 ,ear.
)H( S%1*&+& C(1)&%L CO.OP(&%)!/( B%10 L),.
H(%, O--!C(, S%1*&+&.
Aame of the Societ,9 1 The Sangr%r *entral *ooerati(e Ban& ;td
BInstit%tion#
Registration Ao. 2 :ate9 1 Ao.DD2) 2Eth Set. 1565.
Area of +eration 91 As er b,e1la' no. 3) the
Area of oeration of the
Ban& shall e<tend o(er
Sangr%r :istrict.
+b!ect of the Ban& 91 As er b,e1la' no. 6)the
+b!ect of the Ban& is to
7acilitate the oeration of
The affiliated *o1+erati(e
Societies b,9 1
/ro(iding ban&ing 2 credit facilities to its members) as
con(enient 2 eas, terms are ossible.
4nco%raging thrift 2 sa(ing amongst its members b, offering
s%itable facilities.
Ma&ing arrangements for s%er(ision and insection of its
affiliated co1 oerati(e Societies.
1*
>nderta&ing s%ch meas%res as are cond%cti(e to the sread of
co1oerati(e ed%cation and training.
*(1(&%L=
>nder the Indian *o1oerati(e Societies Act11512 of the /.*.*.B. 'ith
registration Ao.DDF on 2E10511565 b, the Registrar *ooerati(e Societies /4/S>.
Altho%gh the old b, la's do not mention the area of oeration of the Ban&. The
co, of the Alication s%bmitted for its registration sho' Sangr%r and Sangr%r
district as area of oeration of this ban&. The amendment registered on 5=12=15E0
secified Sangr%r district as area of oeration of the ban&. $ith the creation of ne'
district of 7atehgarh Sahib and SAS Aagar Mohali) Sirhind) Bassi /athana and
:era Bassi bloc&s 'ere transferred to that districts. There are E bloc&s Sangr%r)
Bh%nerheri) Samana) /atran) Aabha) Ra!%ra) ?hano%r) Sano%r. And 5 s%b1
di(isions namel, Sangr%r) Aabha) Samana) /atran 2 Ra!%ra in the :istrict.
At resent Sangr%r :istrict has 5D61 (illages 'ith 3)D0000 hectares of land
and 'ith a o%lation of aro<imatel, F)00)000.
.
&(SO+&C(S=
The ban& reso%rces is collection of share caital) strengthening of its
o'ned f%nds) b, toing deosits from the %blic and borro'ings from AABAR:)
/%n!ab State *ooerati(e Ban& ;td.) *handigarh.

The main reso%rces of the ban& as on 54?85?6848 as %nder
Share Capital &458:.6; crore

:%ring the ,ear 2005110 membershi of the ban& is 500 ha(ing share caital of
Rs1306.2F lacs and /%n!ab ?o(t. share is Rs 50.00 lacs.
O#n -und & ;4;:.65 lac

Ban&s detail of f%nds is as %nder91
11
a# Statutor@ &eerve A7:.8< lac
It is a free reser(e 'hich can be %tiliCed for an, %rose or e<endit%re. It comes
25H o%t of net rofit of the ban& as assed b, general bod, of the ban&.
b# Bad > ,ouBt"ul deBt "und & 48;6.<4 lac
It can be %tiliCed for the 'ie o%t the bad assets and loss on one time settlement
scheme of the /A*S and ban& direct loans. It comes o%t of 35H Aet rofit of the
ban&.
c# %griculture credit taBiliCation "und & ;7:.7< lac
It comes o%t 15H of the net rofit of the ban& and 3H interest credited in this
acco%nt. It can be for %rose of con(ersion of short term agric%lt%re %rose into
medi%m term %rose and the remaining amo%nt ha(e to be in(ested in sec%rities
acco%nt %nder the lien Bamo%nt for A*S7#
d# Building "und & <9A.<A lac
It can be %sed onl, for b%ilding reairs %to Rs 3 lacs er ,ear !oint registrar
*ooerati(e societies Sangr%r is cometent to allo' to create assets as b%ilding
acco%nt and abo(e Rs 3 lacs all bills are to be for'ard to the Registrar cooerati(e
societies *handigarh. B%ilding f%nd is increased o%t of /rofits after ma&ing reser(es
as er Registrar cooerati(e societies) as assed b, general bod, of the ban&.
e# Cooperative education and propaganda "und ::.<7 lac
It is created ma<im%m 2H or Rs 1 lac o%t of the net rofit of the ban&.
f# Common good "und & 97.<; lac
It is created 5H o%t of the net rofit of the ban&. It can be %sed 'ith the aro(al of
R* the re(io%s ,ears 2003106 2 2006105. It is %tiliCed to 'ie o%t imbalances of the
/A*S.
g# Primar@ vika "und 7:.;< lac
It is created 3H o%t of the net rofit of the ban&.
h# Cooperative development "und & 57.99 lac
12
It is created 1H o%t of the net rofit of the ban&

i# Penion "und & 4A.;< lac
It is created 2H o%t of the net rofit of the ban&) for the 'elfare of their emlo,ees
and transfer to the state cooerati(e ban& for credit to the /%n!ab state cooerati(e
ban& emlo,ees ension f%nd tr%st sa(ing ban& acco%nt.
!# Share tran"er "und 6A.:8 lac
It is created to redeem the /%n!ab ?o(ernment share.
&# *ratuit@ "und & 58:.<; lac
It is created for the 'elfare of the emlo,ee to ma&e a,ments on retirement of their
emlo,ees as er grat%it, act.

l) Proviion againt non per"orming aet & 48A7.<8 lac
A/A ro(isions are made as er RBI g%idelines. *ooerati(e ban&s start this
ro(isioning from the ,ear 155F15D
m) ,ividend eDualiCation "und ;9.<8 lac
:eosits Rs 255F5.F0 lacs
13
CO.OP(&)!/( B%10!1* . %1 !1)&O,+C)!O1=
*o1oerati(e ban&) in a n%tshell) ro(ides financial assistance to the eole
'ith small means to rotect them from the debt tra of the mone,lenders. It is a art
of (ast and o'erf%l str%ct%re of co1oerati(e instit%tions 'hich are engaged in tas&s
of rod%ction) rocessing) mar&eting) distrib%tion) ser(icing and ban&ing in India. A
co1oerati(e ban& is a financial entit, 'hich belongs to its members) 'ho are at the
same time the o'ners and the c%stomers of their ban&. *o1oerati(e ban&s are often
created b, ersons belonging to the same local or rofessional comm%nit, or
sharing a common interest. These ban&s generall, ro(ide their members 'ith a
'ide range of ban&ing and financial ser(ices Bloans) deosits) ban&ing acco%ntsI#.
*o1oerati(e ban&s differ from stoc&holder ban&s b, their organiCation) their goals)
their @al%es and their go(ernance.
The *o1oerati(e Ban&ing S,stem in India is characteriCed b, a relati(el,
comrehensi(e net'or& to the grass root le(el. This sector mainl, foc%ses on the
local o%lation and micro1 ban&ing among middle and lo' income strata of the
societ,. These ban&s oerate mainl, for the benefit of r%ral areas) artic%larl, the
agric%lt%ral sector.
1!
O&!*!1 %1, OP(&%)!O1 O- CO.OP(&%)!/( B%10!1*
The beginning co1oerati(e ban&ing in India dates bac& to abo%t 1506) 'hen
official efforts 'ere made to create a ne' t,e of instit%tion based on rinciles of
co1oerati(e organiCation 2 management) 'hich 'ere considered to be s%itable for
sol(ing the roblems ec%liar to Indian conditions.
The hilosoh, of e.%alit,) e.%it, and self hel ga(e 'a, to the tho%ghts of
self resonsibilit, and self administration 'hich res%lted in gi(ing birth of co1
oerati(e. The origin on co1oerati(e mo(ement 'as one s%ch e(ent1arising o%t of a
sit%ation of crisis) e<loitation and s%fferings.
*o1oerati(e ban&s in India came into e<istence 'ith the enactment of the
Agric%lt%ral *redit *o1oerati(e Societies Act in 1506. *o1oerati(e ban& form an
integral art of ban&ing s,stem in India. >nder the act of 1506) a n%mber of co1
oerati(e credit societies 'ere started. +'ing to the increasing demand of co1
oerati(e credit) ane' act 'as assed in 1512) 'hich 'as ro(ided for
establishment of co1oerati(e central ban&s b, a %nion of rimar, credit societies
and indi(id%als.
*o1oerati(e Ban&s in India are registered %nder the *o1oerati(e Societies
Act. The cooerati(e ban& is also reg%lated b, the RBI. The, are go(erned b, the
Ban&ing Reg%lations Act 1565 and Ban&ing ;a's B*o1oerati(e Societies# Act) 15F5.
OP(&%)!O1 O- CO.OP(&%)!/( B%10!1*=
(taBlihment=
*o1oerati(e ban& erforms all the main ban&ing f%nctions of deosit
mobiliCation) s%l, of credit and ro(ision of remittance facilities.
*o1oerati(e Ban&s belong to the mone, mar&et as 'ell as to the caital
mar&et.
1"
*o1oerati(e Ban&s ro(ide limited ban&ing rod%cts and are f%nctionall,
secialists in agric%lt%re related rod%cts. Ho'e(er) co1oerati(e ban&s no'
ro(ide ho%sing loans also.
>*Bs ro(ide 'or&ing caital loans and term loan as 'ell.
)he chie" "unction o" Co.operative Bank are=
a. To attract deosit from non1agric%lt%rist)
b. To %se e<cess f%nds of some societies temoraril, to ma&e % for shortage in
another)
c. To s%er(ise and g%ide affiliated societies.
)he Baic principle on #hich a Co.operative Bank #ork are=
A co1oerati(e character of acti(ities and trait of m%t%al aid
of credit granted.
*atering for collecti(e organiCations and their members.
Restriction on the n%mber of indi(id%al (otes.

As a res%lt) d%ring 200D10E) the /rimar, *ooerati(e Agric%lt%re and
R%ral :e(eloment Ban&s ha(e again started lending for the Aon17arm Sector
incl%ding Je'el ;oans.
Aiming at high rates on deosits and lo' rates on lending.
;imitation of di(idends o%t of rofits and bon%s to deositors
and borro'ers or grants to c%lt%ral or co1oerati(e 4ndea(o%r.
These ban&s are constit%ted of (ol%ntar, association) self1hel and m%t%al
aid) one share one (ote and non1discrimination and e.%alit, of members. )he co.
operative Bank are the organiCation o" and "or the people.
1#
&OL( O- CO.OP(&%)!/( B%10!1* =
*o1oerati(e Ban&s are m%ch more imortant in India than an,'here else in
the 'orld. The distincti(e character of this ban& is ser(ice at a lo'er cost and ser(ice
'itho%t e<loitation. It has gained its imortance b, the role assigned to them) the
e<ectations the, are s%osed to f%lfill) their n%mber) and the n%mber of offices
the, oerate. *o1oerati(e ban&s role in r%ral financing contin%es to be imortant
da, b, da,) and their b%siness in the %rban areas also has increased henomenall,
in recent ,ears mainl, d%e to the shar increase in the n%mber of rimar, co1
oerati(e ban&s. In r%ral areas) as far as the agric%lt%ral and related acti(ities are
concerned) the s%l, of credit 'as inade.%ate) and mone, lenders 'o%ld e<loit
the oor eole in r%ral areas ro(iding them loans at higher rates. So) *o1oerati(e
ban&s mobiliCe deosits and %r(e, agric%lt%ral and r%ral credit 'ith a 'ider
o%treach and ro(ide instit%tional credit to the farmers. *o1oerati(e ban& ha(e also
been an imortant instr%ment for (ario%s de(eloment schemes) artic%larl,
s%bsid,1based rogrammers for oor.
The *o1oerati(e ban&s in rural area mainl, finance agric%lt%ral based acti(ities
li&e9
7arming
*attle
Mil&
Hatcher,
/ersonal finance
The *o1oerati(e ban&s in urBan area finance in acti(ities li&e9
1'
Self1emlo,ment
Ind%stries
Small scale %nits
Home finance
*ons%mer finance
/ersonal finance
Some of the for'ard loo&ing *o1oerati(e ban&s ha(e de(eloed s%fficient
core cometencies to s%ch an e<tent that the, are able to challenge state and
ri(ate sector ban&s.
The e<onential gro'th of *o1oerati(e ban&s is attrib%ted mainl, to their
m%ch better contacts 'ith the local eole) ersonal interaction 'ith c%stomers) and
their abilit, to catch the ner(e of the local clientele. The total deosits and landings of
*o1oerati(e ban&s are m%ch more than the +ld /ri(ate Sector Ban&s and the Ae'
/ri(ate Sector Ban&s.
!$PO&)%1C( O- CO.OP(&%)!/( B%10!1*
*o1oerati(e ban& forms an integral art of ban&ing s,stem in India. This
ban& oerates mainl, for the benefit of r%ral area) artic%larl, the agric%lt%ral sector.
*o1oerati(e ban& mobiliCe deosits and s%l, agric%lt%ral and r%ral credit 'ith the
'ider o%treach. The, are the main so%rce for the instit%tional credit to farmers. The,
are chiefl, resonsible for brea&ing the monool, of mone,lenders in ro(iding credit
to agric%lt%rists. *o1oerati(e ban& has also been an imortant instr%ment for
(ario%s de(eloment schemes) artic%larl, s%bsid,1based rogrammers for the oor.
*o1oerati(e ban&s oerate for non1agric%lt%ral sector also b%t their role is small.
Tho%gh m%ch smaller as comared to sched%led commercial ban&s) co1
oerati(e ban&s constit%te an imortant segment of the Indian ban&ing s,stem. The,
ha(e e<tensi(e branch net'or& and reach o%t to eole in remote areas. The, ha(e
traditionall, la,ed an imortant role in creating ban&ing habits among the lo'er and
middle income gro%s and in strengthening the r%ral credit deli(er, s,stem.
1(
-(%)+&(S O- CO.OP(&%)!/( B%10!1* =
1.*o1oerati(e Ban&s are organiCed and managed on the rincial of co1oeration)
self1hel) and m%t%al hel. The, f%nction 'ith the r%le of Kone member) one (oteK.
7%nction on Kno rofit) no lossK basis. *o1oerati(e
ban&s) as a rincile) do not %rs%e the goal of rofit ma<imiCation.
2. *o1oerati(e ban& erforms all the main ban&ing f%nctions of deosit mobiliCation)
s%l, of credit and ro(ision of remittance facilities.
3. *o1oerati(e Ban&s ro(ide limited ban&ing rod%cts and are f%nctionall,
secialists in agric%lt%re related rod%cts. Ho'e(er) co1oerati(e ban&s no'
ro(ide ho%sing loans also.
6. *o1oerati(e ban&s are erhas the first go(ernment sonsored) go(ernment1
s%orted) and go(ernment1s%bsidiCed financial agenc, in India. The, get financial
and other hel from the Reser(e Ban& of India) AABAR:) central go(ernment and
state go(ernments. The, constit%te the Kmost fa(oredK ban&ing sector 'ith ris& of
nationaliCation. 7or commercial ban&s) the Reser(e Ban& of India is lender of last
resort) b%t co1oerati(e ban&s it is the lender of first resort 'hich ro(ides financial
reso%rces in the form of contrib%tion to the initial caital Bthro%gh state go(ernment#)
'or&ing caital) refinance.
5. *o1oerati(e Ban&s belong to the mone, mar&et as 'ell as to the caital mar&et.
/rimar, agric%lt%ral credit societies ro(ide short term and medi%m term loans.
F. *o1oerati(e ban&s are financial intermediaries onl, artiall,.
1)
The so%rces of their f%nds Breso%rces# are9
Ba# *entral and state go(ernment)
Bb# The Reser(e Ban& of India and AABAR:)
Bc# +ther co1oerati(e instit%tions)
Bd# +'nershi f%nds and)
Be# :eosits or debent%re iss%es.
D. Some co1oerati(e ban& are sched%led ban&s) 'hile others are non1sched%led
ban&s. *o1oerati(e Ban&s are s%b!ect to *RR and li.%idit, re.%irements as other
sched%led and non1sched%led ban&s are. Ho'e(er) their re.%irements are less than
commercial ban&s.
E. As said earlier) co1oerati(e ban&s accet c%rrent) sa(ing) and fi<ed or time
deosits from indi(id%als and instit%tions incl%ding ban&s.
5. In the recent ast) the RBI has introd%ced changes in interest rates of co1
oerati(e ban&s also) along 'ith changes in interest rates of commercial ban&s. The
interest rates str%ct%re of co1oerati(e ban&s is .%ite comle<. The rates charged b,
them deend %on the t,e of ban&) the t,e of loans)
and (ar, from state to state.
10. Since 15FF the lending and deosit rate of commercial ban&s ha(e been directl,
reg%lated b, the Reser(e Ban& of India. Altho%gh the Reser(e Ban& of India had
o'er to reg%late the rate co1oerati(e ban& b%t this ha(e been 4<ercised onl, after
15D5 in resect of non1agric%lt%ral ad(ances the, 'ere free to charge an, rates at
their discretion. Altho%gh the main aim of the co1oerati(e ban& is to ro(ide cheaer
credit to their members and not to ma<imiCe rofits) the, ma, access the mone,
mar&et to imro(e their income so as to remain (iable.
11. *o1oerati(e ban&s B*+Bs#) in short) ha(e la,ed a i(otal role in the
de(eloment of short1term and long1term r%ral credit str%ct%re in India o(er the
,ears. The co1oerati(e credit effort is said to be the first e(er attemt at micro1credit
disensation in India.
2*
)3P(S O- CO.OP(&%)!/( B%10S=
21
22
CL%SS!-!C%)!O1 O- CO.P(&%)!/( B%10S=
The *o1oerati(e ban&ing str%ct%re in India comrises of9
1. >rban *o1oerati(e Ban&s
2. R%ral *o1oerati(es
Some co1oerati(e ban&s are sched%led ban&s) 'hile others are non1
sched%led ban&s. 7or instance) State *o1oerati(e ban&s and some >rban *o1
oerati(e ban&s are sched%led ban&s b%t other co1oerati(e ban&s are non1
sched%led ban&s.
Sched%led ban&s are those ban&s 'hich ha(e been incl%ded in the second
sched%le of the Reser(e ban& of India act of 1536.
)he Bank included in thi chedule lit hould "ul"ill t#o condition.
1. The aid caital and collected f%nds of ban& sho%ld not be less than Rs. 5 lac.
2. An, acti(it, of the ban& 'ill not ad(ersel, affect the interests of deositors.
(ver@ Scheduled Bank enEo@ the "ollo#ing "acilitie.
1. S%ch ban& becomes eligible for debts=loans on ban& rate from the RBI
2. S%ch ban& a%tomaticall, ac.%ire the membershi of clearing ho%se.
4. +rBan Co.operative Bank=
>rban *o1oerati(e Ban&s is also referred as /rimar, *o1oerati(e ban&s b,
the Reser(e Ban& of India. Among the non1agric%lt%ral credit societies %rban co1
oerati(e ban&s occ%, an imortant lace. This ban& is started in India 'ith the
ob!ect of catering to the ban&ing and credit re.%irements of the %rban middle
classes.
23
The RBI defines >rban *o1oerati(e ban&s as "small siCed co1oerati(el,
organiCed ban&ing %nits 'hich oerate in metroolitan) %rban and semi1%rban
centers to cater mainl, to the needs of small borro'ers) (iC. o'ners of small scale
ind%strial %nits) retail traders) rofessional and salaries classes.8
>rban *o1oerati(e ban&s mobiliCe sa(ings from the middle and lo'er income
gro%s and %r(e, credit to small borro'ers) incl%ding 'ea&er sections of the
societ,. These ban&s organiCe on a limited liabilit, basis) generall, e<tend their area
of oeration o(er a to'n. The main f%nctions of these ban&s are to romote thrift b,
attracting deosits from members and non1members and to ad(ance loans to the
members. It is registered %nder *o1oerati(es Societies Act of the resecti(e state
?o(ernments. /rior to 15FF) >rban *o1oerati(e ban&s 'ere e<cl%si(el, %nder the
%r(ie' of State ?o(ernment. 7rom March 1) 15FF certain ro(isions of Ban&ing
Reg%lation Act ha(e been made alicable to these ban&s. *onse.%entl,) the RBI
became the reg%lator, an s%er(isor, a%thorit, of >rban *o1oerati(e Ban&s for
their related oerations. Managerial asects of s%ch ban&s contin%e to remain 'ith
State ?o(ernments %nder the resecti(e *o1oerati(e Societies Act. These ban&s
'ith m%lti1resence are reg%lated b, the *entral ?o(ernments and registered %nder
M%lti1State *o1oerati(e Societies Act. The RBI e<tends refinance to >rban *o1
oerati(e Ban&s at ban& ate against their ad(ances to tin, and cottage ind%strial
%nits. These ban&s grants siCeable loans and ad(ances %nder riorit, sector for
lending to small b%siness enterrises) retail trade) road and 'ater transort
oerators and rofessional and self1emlo,ed ersons. >rban *o1oerati(e ban&s
are mostl, located in to'ns and cities and cater to the credit re.%irement of the
%rban clientele.
)he oBEective and "unction o" the +rBan Co.operative Bank=

/rimaril,) to raise f%nds for lending mone, to its members.
To attract deosits from members as 'ell as non1members.
To enco%rage thrift) self1hel ad m%t%al aid among members.
To dra') ma&e) accet) disco%nt) b%,) sell) collect and deal in bills of
e<change) drafts) certificates and other sec%rities.
2!
To ro(ide safe1deosit (a%lts.
%rea o" Operation=
The area of oeration of these ban&s is %s%all, restricted b, its b,ela's to a
m%nicial area or a to'n. In some occasions it e<ceeds this limit. The st%d, gro% on
*redit *o1oerati(es in Aon1Agric%lt%ral Sectors has recommended that normall,) it
'o%ld be ad(isable for an %rban co1oerati(e ban& to restrict its area of oeration to
the m%nicialit, or the tal%&a to'n 'here it oerates.
6. &ural Co.operative=
R%ral *ooerati(e Ban&ing la,s an imortant role in meeting the gro'ing
credit needs of r%ral o%lation of India. It ro(ides instit%tional credit to the
agric%lt%ral and r%ral sector. The inade.%ac, of r%ral credit engaged the attention of
RBI and ?o(ernment thro%gho%t the 1550s and 15F0s. +ne imortant feat%re of
ro(iding agric%lt%re credit in India has been the e<istence of a 'idesread net'or&
of r%ral financial instit%tions. The r%ral credit str%ct%re consists of man, t,es of
financial instit%tions as large scale branch e<ansion 'as %nderta&en to create a
strong instit%tion based in r%ral area. It has ser(ed as an imortant instr%ment of
credit deli(er, in r%ral and agric%lt%ral areas. The searate str%ct%re of r%ral *o1
oerati(e sector for long1term and short1term loans has enabled these instit%tions to
de(elo a secialiCed instit%tion for r%ral credit deli(er,. The (ol%me of credit flo'ing
thro%gh this instit%tion has increased. The R%ral *o1oerati(e str%ct%re has
traditionall, been bif%rcated into t'o arallel 'ings) i.e.
I. Short1term R%ral *o1oerati(es)
II. ;ong1term R%ral *o1oerati(es.
There is a larger net'or& of co1oerati(e ban&s in the r%ral sector) consisting
of 25 State *o1oerati(e Ban&s and 3FD :istrict *entral *o1oerati(e Ban&s) 'ith
13)025 branches. In addition) there are 52)000 /rimar, Agric%lt%ral *o1oerati(e
*redit Societies) 15 State ;and :e(eloment Ban&s and D65 /rimar, ;and
:e(eloment Ban&s) along 'ith 1)E6D branches) 'hich are not strictl, ban&s as the,
2"
are not co(ered %nder the Ban&ing Reg%lation Act) 1565. The RBI ?o(ernorLs
roosals sho%ld) therefore) encomass the entire *o1oerati(e ban&ing s,stem.
S)&(1*)H %1, 2(%01(SS O- CO.OP(&%)!/( B%10=
$%!1 2(%01(SS O- CO.OP(&%)!/( B%10S
The main 'ea&nesses of co1oerati(e ban&s are as follo's9
1. The (ital lin& in the co1oerati(e credit s,stem namel,) the /rimar, Agric%lt%ral *o1
oerati(e Societies) themsel(es remain (er, 'ea&. The, are too small in siCe to be
economical and (iable- besides too man, of them are
dormant) e<isting onl, on aer.
2. $ith the e<anding credit needs of the r%ral sector) the commercial ban&s ha(e
come in acti(el, to meet the credit re.%irements of this sector) and this has
aggra(ated the diffic%lties of co1oerati(e ban&s. The theor, that co1oerati(e ban&s
'o%ld be b%o,ed % b, the cometition from other financial instit%tions does not
aear to ha(e 'or&ed.
3. *o1oerati(e ban&s are not doing 'ell in all the states- onl, a fe' acco%nt for a
ma!or art of their b%siness. 7or e<amle) D5 er cent of total deosits mobilised b,
State *1oerati(e Ban&s 'as from onl, se(en states in 15ED1Andhra /radesh)
?%!arat) Marnata&a) Madh,a /radesh) Maharashtra) Tamil Aad%) and >ttar /radesh.
6. These ban&s still rel, (er, hea(il, on refinancing facilities from the go(ernment)
the RBI) and AABAR:. The, ha(e ,et not been able to become self1reliant in
resect of reso%rces thro%gh deosit mobiliCation.
5. The, s%ffer from dangero%sl, lo' or 'ea& .%alit, of loan assets) and from highl,
%nsatisfactor, reco(er, of loans. The, s%ffer from infrastr%ct%ral 'ea&nesses and
str%ct%ral fla's. The, do not loo& li&e ban&s and do not insire confidence in the
otential members) deositors and borro'ers.
F. /oor reso%rce base is main constraint of these ban&s. Relati(el, lo' er caita
base and less e.%it, base d%e to non1articiations of the members in the financial
2#
acti(ities and limited area of oeration is becoming a ermanent obstacle in the
rogress of this sector.
D. /oor rofit osition and b%rden of h%ge acc%m%lated losses of se(eral co1
oerati(e ban&s has threatened the (er, s%r(i(al of these ban&s. The amo%nt of cost
of management of this sector has ad(ersel, affected its rofitabilit,.

E. Most of the *o1oerati(e ban&s are s%ffering from the lac& of rofessional
management. In the dereg%lated en(ironment and stiff cometition in the ban&ing
sector) do to lac& of the rofessionalism in carr,ing o%t ban&ing acti(ities) the
'ea&ness of these ban&s has become more rominent.
5. Man, co1oerati(e ban&s e(en no' contin%e to follo' age1old s,stem and
roced%res) 'hich are not cond%cti(e in the resent technologicall, dri(en ban&ing
en(ironment. 4<cet some *o1oerati(e ban&s) technological de(eloment in
Information Technolog, or com%teriCed data management is consic%o%sl, Absent.
10. There is a lac& of roer go(ernance. *ororate ?o(ernance has great
rele(ance in the resent en(ironment. As there is no formal s,stem of cororate
go(ernance in co1oerati(e ban&s) man, ban&s ha(e become the hot bed of olitical
atronage) %nscr%%lo%s financial ractice and gross mis1management.
11. Another roblem arises o%t of the d%alit, of control o(er them i.e. these ban&s
are organiCed %nder d%al control of RBI and as 'ell as resecti(e state go(ernment.
Aart from the inter(ention of the ae< bodies) the ?o(ernment is also fo%nd to
e<ercise control in (ario%s 'a,s on these ban&s. ?o(ernment inter(ention in the
management) administration and b%siness oeration of co1oerati(e ban&s has
made the instit%tion lose his o'n distinct character.
12. The, s%ffer from too m%ch officialisation and oliticiCation. >nd%e go(ernmental
inter(entions ha(e re(ented them from de(eloing steadil, as a self1reliant and
resilient credit s,stem. Most of them are headed b, oliticians.
13. The, %nd%l, deend on go(ernment caital rather than member caital. There is
2'
no acti(e articiation of their members in their 'or&ing) 'hich can come abo%t if
the, 'or& 'ith membersL mone, rather than go(ernment largesse.
Co.operative Bank v? Other Bank
If 'e loo& at the ret%rn ro(ided b, (ario%s co1oerati(e ban&s) 'e
immediatel, find that the, are higher than ret%rns ro(ided b, the (ario%s
nationaliCed and ri(ate ban&s. 7or amo%nt less than 15 la&hs) The ret%rns ro(ided
b, (ario%s co1oerati(es ban&s) SBI and I*I*I are as follo's9
Ban&s
Aame= /eriod
51 da,s1
1E0
da,s
1E1
da,s to
1 Near
1 ,ear to
560 da,s
561 da,s to
2 ,ears
2 ,ears to
3 ,ears
3 ,ears to
5 ,ears
Abh,%da,a *o1
oerati(e Ban&
F.50H D.00H D.25H D.50H D.D5H E.00H
TH4 BHARAT
*o1oerati(e
Ban& BM>MBAI#
;T:
5.50H F.D5H D.25H D.25H D.00H D.00H
Saras'at *o1
oerati(e Ban&
5.25H F.00H F.50H D.25H D.25H D.25H
Ahmedabad
Mercantile *oo
Ban&
5.50H F.00H D.00 H D.00H D.00H D.00H
State Ban& of
India BSBI#
6.D5H 5.25H F.00H F.00H F.50H F.50H
I*I*I Ban& 5.25H F.00H F.25H F.25H D.00H D.50H
So) the first .%estion 'hich comes to o%r mind is 'h, sho%ld not %t o%r
mone, in *o1oerati(e ban&s rather than nationaliCed or ri(ate ban&s. B%t then
there is a ris& factor 'hich comes in. In India 15 *o1oerati(e ban&s ha(e closed
do'n in 2005O So) is it safe to ar& ,o%r (al%able mone, in *o1oerati(e ban&sP
$hile *o1oerati(e ban&s 'ere closing do'n) the Reser(e Ban& of India
BRBI# tried to bring them %nder tighter control. Till a fe' ,ears ago) >rban
*ommercial Ban&s 'ere not strictl, monitored 'ith t'o reg%lators in the RBI and the
Registrar of *o1oerati(e Societies. B%t no' the RBI has ta&en (ario%s meas%res to
bring them %nder control.
2(
It has signed Mo%e 'ith 11 states to set % tas& forces on >rban *o1oerati(e
Ban&s to 'or& 'ith the registrars on remedial action and ta&e the to%gh decisions on
the str%ct%re. It has also %t a limit of "15 er cent of the o'n f%nds of the ban&8 for
loans to one borro'er gro%) ma&ing it diffic%lt for the ban&s to gi(e a h%ge loan to
one entit, and comromise its stabilit,) as
'as haening earlier. According to the RBI) *o1oerati(e ban&s are intended
rimaril, for members and all financial information ertaining to the ban& is re.%ired
to be made a(ailable to them.
In addition) according to the e<isting reg%lations) a ban& is re.%ired to %blish
its balance sheet in a ne'saer in circ%lation in the main area of oerations of the
ban&. The, are also re.%ired to lace their ann%al acco%nts before the ann%al
general meeting. *ertain minim%m disclos%res ha(e been rescribed b, RBI. All this
information can be %sed b, %blic in ma&ing in(estment decision.
Ho'e(er) the ban& c%stomer has to ma&e his or her o'n choice) deending on
'hich the ban& offers the most s%itable rod%ct. $hile the RBI is doing its bit) it sa,s
,o% sho%ld also r%n the follo'ing chec&s to ens%re that ,o% ha(e a nice e<erience.
Check "or depoit cover. As& the ban& to 'hat e<tent ,o%r deosit 'ill be
co(ered b, :I*?* ins%rance if ,o% are not in(esting in the name of an
indi(id%al b%t as a b%siness organiCation.B In the e(ent of a ban& fail%re)
:I*?* rotects ban& deosits that are a,able in India.#
Scheduled Bank. The 53 sched%led cooerati(es ban&s are fairl, safe.
SiCe. 7or non1sched%led ban&s) there is safet, in siCe. :ecide in fa(or of
bigger %rban co1oerati(e ban&s.
1on.per"orming aet. These sho%ld be 'ithin single digits. The higher the
A/A) the bigger the ris&.
Capital adeDuac@. This ratio sho%ld not be less than 5 er cent.
Credit.depoit ratio. Ideall,) the ratio sho%ld be FF er cent. An,thing more
sho's that the ban& is not in a osition to lend and) hence) get ne' b%siness
to a, bac& the deositors.
Pro"it. *hec& 'hether the ban& has been ma&ing rofits for the last three
,ears.
2)
&B! directive= *hec& o%t the c%rrent financial stat%s of a ban& oerating
%nder RBI0s directi(e before dealing 'ith it.
Some "act aBout Cooperative Bank in !ndia=
Some cooerati(e ban&s in India are more for'ard than man, of the state and
ri(ate sector ban&s.
The total deosits 2 lending of *ooerati(e Ban&s in India is m%ch more than +ld
/ri(ate Sector Ban&s 2 also the Ae' /ri(ate Sector Ban&s.
This e<onential gro'th of *o oerati(e Ban&s in India is attrib%ted mainl, to
their m%ch better local reach) ersonal interaction 'ith c%stomers) and their
abilit, to catch the ner(e of the local clientele.
Ao') It is (er, m%ch clear that co1oerati(e ban&s ha(e (er, m%ch
imortance in national de(eloment. $itho%t the hel of co1oerati(e ban&s) millions
of eole in India 'o%ld be lac&ing the m%ch needed financial s%ort.
*o1oerati(e ban&s ta&e acti(e art in local comm%nities and local
de(eloment 'ith a stronger commitment and social resonsibilities. These ban&s
are best (ehicles for ta&ing ban&ing to doorstes of common men) %nban&ed eole
in %rban and r%ral areas. Their resence in the social) economic and democratic
str%ct%re of the co%ntr, is essential to bring abo%t harmonio%s de(eloment and that
erhas is the best !%stification for n%rt%ring them and strengthening their base.
These ban&s are s%re to 'in in the race beca%se the, are from the eole) b, the
eole and of the eole.
&(S(%&CH OB'(C)!/(S=
Main ob!ecti(e of the st%d, are9
1. To st%d, the deositor, and c%rrent acco%nt s,stem of cooerati(e ban&.
2. To st%d, the f%nctions of (ario%s deartments of ban&.
3. To st%d, the loan and ad(ances of cooerati(e ban&.
6. To e(al%ate Aon1erforming assets and rofitabilit, of cooerati(e ban&
3*
&(S(%&CH $()HO,OLO*3=
Research methodolog, is a caref%l in(estigation for in.%iring in a s,stematic method
and finding sol%tion of a roblem. It comrises the defining and redefining of roblem
form%lating h,othesis) collection and e(al%ating data) ma&ing detection and
reaching concl%sion. This research consists of follo'ing element9
R4S4AR*H :4SI?A
SAM/;IA? :4SI?A
&(S(%&CH ,(S!*1
:ecision regarding 'hat) 'hen) 'here) ho' m%ch) b, 'hat mean) concerning an
en.%ir,) constit%te a research design. In this st%d, the research design is of
descriti(e t,e.
S%$PL!1* )(CH1!F+(
In the s%r(e, the non robabilit, con(enience samling is follo'ed.
,%)% ,(S!*1
In nat%re of data) it 'as secondar,.
4. Primar@ ,ata
a. +bser(ation Method
b. Inter(ie' Method
c. Str%ct%red Q%estionnaire
6. Secondar@ ,ata
a. Ann%al reorts of the ban&
b. Man%al of instr%ctions on loans and ad(ances
c. Boo&s
d. Articles and Research /aers
e. Internet
31
SAM/;IA? >AIT9 The St%d, o%lation incl%des the c%stomers of ban& and
Samling >nit for St%d, 'as Indi(id%al *%stomer.
SAM/;IA? SIR49 200 Resondents
L!$!)%)!O1S O- )H( S)+,3
The research 'ill be cond%cted in a limited area.
The internet information can be irrele(ant.
Time 'ill be a ma!or constraint.
The ossibilit, of biased resonses can0t be r%led o%t.
;ac& of a(ailabilit, of f%ll information.
;ac& of interest of ban& staff.
.
32
2O&0!1* O- COOP(&%)!/( B%10
,(POS!)S %CCO+1)S
The main Reso%rces of the ban& are deosits. There are (ario%s schemes of
deosits
Aamel,91
S *%rrent :eosits
S Sa(ings Ban& :eosits
S 7i<ed :eosits
S ;ong Term Re1in(estment :eosits
S Rec%rring :eosits


+ening of ban& acco%nt the ban& has rinted their o'n acco%nt oening
form in 'hich the deositor has to f%lfill ll all the data in acco%nt oening form
.Acco%nt can be oened and oerated Self onl, !ointl, either or s%r(i(or former or
s%r(i(or an,one or s%r(i(or. An, other 'ith the secimen signat%re and hoto of
each alicant ban& has allo'ed in these acco%nts Aomination facilities on the
rescribed form :A 11 %nder section 165RA of ban&ing reg%lation Act 1565 after
obtaining roer identification of the c%stomer 2 introd%ction of e<isting c%stomer
'ith address after obtaining the one hoto and doc%ment from belo' list of I: roof

33
4lection I: card I: card of re%ted emlo,er
:ri(ing ;icense 4lectricit, Bill
/an *ard Telehone Bill
/ass ort Salar, Sli
?o(ernment= :efense Income= $ealth Ta<
I: card Assessment +rder

Saving Bank %ccount= Saving Bank %ccount=
In the ledger acco%nt oened %nder the serial no of the c%stomer 'ith his=
her father0s=h%sband name 'ith comlete address. An acco%nt is allotted in the
ledger) mode of signat%re filled in the ledger . S.B acco%nt is oened 'ith minim%m
amo%nt of Rs 500 in cash e<cet no frills acco%nt 'hich are oened 'ith Rs 5. A
ass boo& is iss%ed to the c%stomer. If he 'ants a che.%e boo&) the same is iss%ed
to the c%stomer free of cost after getting signat%re in the che.%e boo& iss%e register.
$ith dra'l form ban& has made facilit, %to Rs 60000. +n resentation of ass boo&
m%st 'ith the 'ith dra'l form d%l, signed b, the acco%nt holder.
$aintaining o" depoit regiter and "ile
The Mall Branch of ban& is f%ll, com%teriCed. The other branches are
maintaining the follo'ing ledgers) registers 2 files.
a# Acco%nt oening form register
b# Secimen signat%re file
c# *he.%e boo& iss%e registers
d# ;oose che.%e iss%e register
e# Aomination registers
3!
&ate calculation o" interet=
The interest in sa(ing ban& acco%nt is calc%lated on monthl, rod%ct. The
lo'est balance in acco%nt on one da, bet'een 10
th
and last da, of each calendar
month on e(er, comletion of Rs 10 is ta&en as rod%ct for the month and the total
rod%cts for si< months is arri(ed at.
Ao interest sho%ld be aid if the interest is less than Rs 5. Interest is to be
ro%nded of nearest r%ee if the aise in(ol(ed are 50 or more it sho%ld be ro%nded
of to the ne<t higher r%ee if aise in(ol(ed are less than 65 the aise is ignored
1$onth $inimum Balance Product
.......... .......................................................................................
Aril 2513.13 2510
Ma, 3550.50 3550
J%ne 113.00 110
J%l, 115.D5 110
)otal Product ;;9;.5A ;;A8

The form%la of interest calc%lation is Total /rod%ct S Rate of interest=1200. Hence the
interest FF5F.3E S 3.5=1200 T Rs 50.FF interest so calc%lated is credited. in this
acco%nt 'ith Rs 51 %to 10
th
of +ctober. The (o%cher at branch le(el is
reared as
:ebit9 Interest aid on deosits Rs 51
*redit9 Sa(ing Ban& acco%nt Rs 51
!noperative %ccount G Separate Ledger
All the S.B acco%nt in 'hich there is no oeration for the last three ,ears m%st
be searated from oerati(e acco%nts and searate ledgers are to be maintained for
this %rose.
3"
Similarl, all sa(ing ban& acco%nts 'hich ha(e not been oerated for the last
10 ,ears) Sho%ld be transferred to %nclaimed deosits as er section 2F of Ban&ing
Reg%lation Act 1565. 7or detail roced%re to be adoted to searate these acco%nts.
S(H0%&! B%10 B!$% 3OH1%
Indi(id%al in the age gro% of 101D0 ,ears oening sa(ing ban& acco%nt are eligible
to !oin the scheme.

$inimum Balance
The minim%m balance of Rs 1000 is to be maintained in the acco%nt 'ith no
ma<im%m ceiling. *he.%es iss%ed on the acco%nt (iolating minim%m balance
sti%lation are liable to be dishonored b, the ban&.
1omination -acilit@
This facilit, for deosit acco%nt is a(ailable and is restricted to one indi(id%al onl,.
Aomination shall be made referabl, at the time of oening of the acco%nt.
Aomination can be cancelled or changed at an, time. Aomination for ban& deosit
and ins%rance scheme shall be the same.
Sehkari Bank Bima 3oEna &egiter
As and 'hen an, member oens ne' acco%nt or e<isting member adots the
scheme) his name shall be entered into the Seh&ari Ban& Bima No!na Register
maintained at the ban&= branch.
Statement to Head O""ice
The branches shall send the statement along 'ith draft=ad(ise to the head office
abo%t the acco%nts oened %nder the scheme d%ring the month. The head office of
the ban& shall collect the information of all the branches) consolidate it and shall
s%bmit the same to the /%n!ab State *ooerati(e Ban& ;td. atleast t'o da,s before
the last da, 'or&ing of the month for on'ard s%bmission to the ins%rance coman,.
!nurance Cover
3#
/ersons !oining the scheme are ro(ided 'ith accident ins%rance co(er %nder the
"?ro% ersonal accident ins%rance olic, "of the ?eneral Ins%rance *oman, and
the follo'ing ris&s are co(ered.
a# :eath Rs 100000.00
b# /ermanent total disabilit, Rs 100000.00
c# ;oss of 2 e,es=feet=hands Rs 100000.00
d# ;oss of 1 e,e=foot=hand Rs 50000.00
!nurance Premium
The ins%rance remi%m incl%ding ser(ice charges determined b, the ban& from time
to time shall be debited to the acco%nt of the indi(id%al on the date of its oening and
s%bse.%entl, on the date determined b, the ban& e(er, ,ear to'ards the ins%rance
remi%m and ban&0s ser(ice charges. In case of remi%m is not remitted b, the ban&
d%e to lac& of s%fficient f%nds= balance in the acco%nt or for an, other reasons
be,ond the scoe of the ban&) ins%rance co(er 'ill not be a(ailable as stated abo(e.
Procedure "or Claim
Immediatel, after the haening of the accident it sho%ld be informed b, the
claimants to the concerned branch of the ban& 'here the deositor is maintaining
the acco%nt and nearest branch of the ins%rance coman,. *laim form can be
obtained from the ban& branch or from the branch of the coman, and are to be
s%bmitted to the ins%rance coman, thro%gh the branch.
,ipoal "or claim=
The claim shall be disosed off as earl, as ossible and the claim shall be made to
the ban& for disb%rsement to the nominee in case of death or to the deositor in case
of disablement.
,ocument reDuired #ith claim=
The follo'ing doc%ments sho%ld be s%bmitted along 'ith the claim form.
3'
a# !n cae o" death
1. :eath certificate
2. /ost mortem reort
3. *o, of first information reort
6. Aame of the nominee
5. An, other rele(ant doc%ment
F. /remi%m remittances confirmation from the ban&
b# !n cae o" diaBlement
4. /hotograh of the disabled sho'ing disabilit,.
6. :isabilit, certificate iss%e b, the doctor
5. /olice reort= reort from Saranch of (illage or ;ambardar
:. An, other rele(ant doc%ment.
7. /remi%m remittances confirmation from the ban&

-!I(, ,(POS!) %1, LO1* )(&$ ,(POS!)
-iJed ,epoit
7i<ed :eosit is a deosit scheme 'herein a deositor agrees to recei(e bac&
the rincial amo%nt after a secified eriod agreed to at the time of deosit.
Interest ma, be recei(ed b, him either eriodicall, or at mat%rit,. 7i<ed :eosit can
be oened for an, amo%nt s%b!ect to minim%m of Rs1000=1
Long )erm ,epoit
;ong term deosit is a deosit scheme 'herein a deositor agrees to recei(e
bac& the rincial amo%nt together 'ith interest accr%ed after a certain eriod
agreed at the time of deosit. Interest earned thereon %nder this scheme is
rein(ested at .%arterl, rests to ,ield como%nd interest. ;ong term deosit acco%nts
are oened 'ith minim%m amo%nt of Rs1000=1. The minim%m eriod of deosit is 2
.%arters B F months#.
3(
K%ccount opening "orm
The re.%irement for oening a 7i<ed :eosit= ;ong term deosit 'ith resect
to acco%nt oening form) introd%ction) hotograhs) secimen signat%re)
re.%irement of income ta< a%thorities) staff acco%nts) nomination secrec,.
Pa@ment o" interet Duarterl@
In case of 7i<ed :eosit) the c%stomer ma, get a,ment of interest 'hen it accr%es
at e(er, .%arter. The instr%ction to this effect) if c%stomer desires so) be obtained on
the acco%nt oening form as " /lease credit the interest accr%ed e(er, .%arter to m,
Sa(ing acco%nt= *%rrent acco%nt= Rec%rring :eosit ".
Another term deosit in case of e<isting term deosit acco%nt 'here the
c%stomer acco%nt 7i<ed :eosit or ;ong term deosit is alread, r%nning he needs
not re.%ired to oen another corresonding acco%nt 'hile deositing mone, for
another fi<ed deosits or long term deosit. The c%stomer needs to fill % a,1in1sli
'hile deositing mone, 'riting 'herein his 7i<ed deosit acco%nt n%mber or long
term deosit acco%nt n%mber) as the case ma, be. In this case acco%nt oening
form 'ill not be re.%ired to fill % again b, the c%stomer.
!SS+%1C( O- -!I(, ,(POS!)? LO1* )(&$ ,(POS!) &(C(!P)
/rearation of credit (o%cher and receit for Term :eosits
The deositor sho%ld remit cash thro%gh the a,1in1sli ro(ided b, the ban& along
'ith alication for oening the deosit acco%nt. $hile 'riting the receit) the
follo'ing artic%lars sho%ld be incl%ded.
1. ,ate to Be mentioned in )erm ,epoit &eceipt
$hile 'riting the date of iss%e of the Term :eosit Receit) the n%meral of date)
month 2 ,ear sho%ld be 'ritten legibl, in the lace ro(ided for.
3)
6. 1ame to Be mentioned on )erm ,epoit &eceipt
The name of deositor sho%ld be 'ritten in f%ll term on Term :eosit Receit. In
case of !oint acco%nts) names of all !oint deositors sho%ld be 'ritten.
3. Period o" depoit on )erm ,epoit &eceipt
/eriod of deosit sho%ld be 'ritten in term of months instead of ,ears and for a
eriod belo' 12 months) it sho%ld be 'ritten in term of da,s instead of months.
:. &ate o" !nteret on )erm ,epoit &eceipt
The rate of Interest alicable for the eriod of deosit sho%ld be 'ritten legibl,
in the sace ro(ided for. The latest circ%lar from Head +ffice regarding c%rrent
interest rates sho%ld be refereed
5. ,ue ,ate=
:%e :ate sho%ld be correctl, calc%lated and 'ritten. $hen d%e date falls on
ban& holida,) the amo%nt is to be aid on ne<t 'or&ing da,. In all s%ch cases)
interest for the holida, in(ol(ed at the contracted rate sho%ld also be aid.
If the month in 'hich the deosit becomes d%e does not ha(e the date
corresonding to the date of deosit the last da, of the month 'ill be the d%e date.
Th%s) the d%e date for 7i<ed :eosit Receit for 1E months iss%ed on 31
st
A%g%st
155E 'o%ld be 25
th
7ebr%ar, 2000. Ho'e(er) in case the eriod of deosit had been
e<ressed in terms of da,s and not months) the d%e date sho%ld be calc%lated as
er the follo'ing r%le=
1. *alc%lated da,s and not months. If 7ebr%ar, of that ,ear has 25 da,s)
calc%late for 25 da,s B not 30 da,s#.
2. Incl%de date of deosit
3. 4<cl%de the date of a,ment) ta&e the ne<t date
(Jample= The d%e date for 7i<ed :eosit Receit dated 06.10.1555 for 51 da,s
sho%ld be calc%lated as %nder=
+ctober 1555 B06.10.1555 to 31.10. 1555# 2E da,s Bincl%ding date of deosit#1
R%le B2#
Ao(ember 1555 30 da,s G R%le B1#
!*
:ecember 1555 31 da,s
A9 da@
The eriod of deosit is 51 da,s) so 'e m%st add da,s 2 da,s in E5 and it comes o%t
to be 2
nd
of Jan%ar,) 2000. B, al,ing r%le B3# the d%e date becomes 3
rd
of Jan%ar,)
2000.
F. !nteret run "rom
The col%mn 3Interest r%ns from0 shall be filled 'ith the date on 'hich the
deosit receit is reared. In case deosit is rene'ed from the bac& date) the
date in this col%mn 'ill be the d%e date of the o(erd%e deosit.
)erm ,epoit &eceipt. t@ped or #ritten
The deosit receit ma, either be t,ed or 'ritten in hand. If 'ritten in hand)
it sho%ld be neat and legible. In com%teriCed branches) 'here term deosit receit
are reared 'ith the hel of rinter and com%ter) aer sho%ld be ad!%sted in s%ch
a manner that its rinting is legible and at roer lace.
A%mber in a,1in1slis and acco%nt oening form. The deosit receit
n%mber sho%ld be 'ritten in acco%nt oening form and also in the a,1in1sli.
Signature on depoit receipt
The deosit receit sho%ld be signed b, t'o a%thoriCed officer after
scr%tiniCing the a,1in1sli) acco%nt oening form and deosit receit.
%ckno#ledgement "rom depoitor
The :eositor0s signat%re sho%ld be obtained on the bac& side of the co%nterfoil
in to&en of receit of the deosit receit and the deosit receit sho%ld be handed
o(er to the deositor.
$atured amount to Be #ritten on long term depoit receipt
In the long term deosit scheme of term deosit) the interest earned is
rein(ested Bcomo%nded .%arterl,# and aid on mat%rit,. So) in the long term deosit
receit) the mat%red amo%nt is mentioned therein 'hich sho%ld be 'ritten both in
fig%res and 'ords. $hereas) mat%red amo%nt is not 'ritten on fi<ed deosit receit
!1
as the deositor has the otion to recei(e the interest monthl,= .%arterl,= half ,earl,)
i.e.) before mat%rit,.
(ntr@ in "iJed depoit > long term depoit ledger
Searate ledgers for fi<ed deosit 2 long term deosit sho%ld be %sed. All the
rele(ant artic%lars s%ch as name of the deositor) date) eriod of deosit) rate of
interest) d%e date) mat%rit, (al%e) instr%ctions regarding disosal of balance in
resect of !oint acco%nts sho%ld be entered.
!nteret Pa@ment &egiter
The details of fi<ed deosits sho%ld be entered in the Interest /a,ment
Register. 4ntries in Interest /a,ment Register are not re.%ired in case of long term
deosits.
Pa@ment o" interet on long term depoit
The interest on long term deosit is como%nded .%arterl, and is aid onl, on
the mat%rit, date of the deosit along 'ith rincial amo%nt. The interest sho%ld be
calc%lated at the end of each .%arter and m%st be credited in the acco%nt of the
deositor.
Pa@ment o" interet on "iJed depoit
a) 2here the depoit i "or one @ear or more #hile calculating the da@ "or the
purpoe o" interet, the "ollo#ing rule hould Be oBerved=
1. Incl%de the first da, of deosit
2. 4<cl%de the last da, of deosit
3. 4ach month is considered to ha(e 30 da,s
B) 2here the depoit i le then a @ear
If the fi<ed deosit is made for a secified n%mber of da,s less than a ,ear) interest
sho%ld be calc%lated b, ta&ing the act%al n%mber da,s in a month.
!2
,icharge
To ma&e a,ment of fi<ed deosit= long term deosit on d%e date) if the
c%stomer resent himself to recei(e the a,ment) he ma, be as&ed to discharge the
fi<ed deosit= long term deosit receit on the bac& of it. His signat%re on the fi<ed
deosit= long term deosit receit shall be tallied 'ith secimen signat%re in record
of the ban&.
Cloure o" long term depoit
The receit and the acco%nt oening form sho%ld be cancelled b, 'riting 'ords
3Acco%nt closed on 111111111 Bdate#0. The acco%nt sho%ld be closed in ledger b,
osting the necessar, entries. The ledger and the d%e date register sho%ld be
mar&ed 'ith a notation 3Acco%nt closed and cash aid= amo%nt transferred to SB=
*%rrent acco%nt on 1111 3. $hereas if there are other term deosits in the term
deosits acco%nts) the acco%nt sho%ld not be closed.
&(C+&&!1* ,(POS!)S
A Rec%rring deosits is a form of term deosit in 'hich deositor deosits a fi<ed
s%m of mone, b, 'a, of monthl, installments o(er a sti%lated eriod and on the
e<ir, of this eriod. The acc%m%lated amo%nt along 'ith interest accr%ed is aid in
l%m s%m
.
&ate o" interet
The rate of interest on rec%rring deosit for (ario%s eriods 'ill be the rate
alicable on term deosits for the corresonding eriod. Interest is como%nded at
.%arterl, rests.
%mount o" depoit
A rec%rring deosit is acceted 'ith a minim%m monthl, installment of Rs 10=1
in m%ltiles of Rs 10=1.
!3
Period o" depoit
The minim%m eriod of rec%rring deosit is F months and ma<im%m eriod is
120 months 'ith m%ltiles of 3 months
$aturit@ value
The mat%rit, (al%e Bthe amo%nt a,able at the end of the eriod of deosit)
comrising the rincial and interest accr%ed thereon# can be calc%lated from the
interest charts s%lied to the branches.
(ntr@ in recurring depoit ledger
Searate ledger for rec%rring deosit sho%ld be %sed. All the rele(ant
artic%lars s%ch as name of the deositor) date) eriod of deosit) rate of interest)
d%e date) mat%rit, (al%e and amo%nt of installment.
!ue o" pa Book
The ledger &eeer sho%ld reare the ass boo& for rec%rring deosit at the
time of oening of acco%nt in the ersonal ledger and it sho%ld be a%thenticated b,
the officer concerned of the branch before it is deli(ered to the c%stomer. The date of
mat%rit, sho%ld not be mentioned on the ass boo& b%t month on 'hich it mat%res
can be 'ritten therein. The rate of interest can be mentioned therein. The c%stomer
sho%ld be as&ed to bring the ass boo& in the branch 'hene(er he a,s the
installment.
Penal charge
In case the installment are not deosited in the resecti(e calendar month in 'hich
the, d%e) /enal charges are to be reco(ered for the dela,. The enalt, is charged at
the rate mentioned belo'=
1# Rs 1.50 for e(er, h%ndred r%ees er month for deosits %to 5 ,ears and less
2# Rs 2 for e(er, h%ndred r%ees er month for deosits o(er 5 ,ears.
!!
Loan againt &ecurring ,epoit
;oan against Rec%rring :eosit can be allo'ed to the rec%rring deosit
holder. To a(ail the loan) the rec%rring deosit acco%nt holder sho%ld lodge the
assboo& 'ith the Ban& d%l, discharged o(er the re(en%e stam of aroriate
(al%e at the sace ro(ided for in the last age of the assboo&.
C+&&(1) %CCO+1)S=
2HO C%1 OP(1 C+&&(1) %CCO+1)L

/erson in his o'n name
T'o or more ersons in their !oint names 'ith oerations as either or s%r(i(or)
Jointl,=Jointl, or S%r(i(or) An,one or S%r(i(ors or S%r(i(or.
*ooerati(e societies) /artnershi firms) limited comanies) !oint stoc&
comanies) sscl%bs) religio%s instit%tions) associations) ;ocal bodies.

2HO C%11O) OP(1 C+&&(1) %CCO+1)L
1# Minor
2# /ardanashin ladies
3# Illiterate /ersons
6# Blind /ersons
11111111111111111111111111111111111111111111111111111111111111111111111111111111111111
T,e of acco%nts Additional :oc%ments
111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
1# /rorietar, concern a# :eclaration of sole rorietorshi
2# /artnershi 7irms a# /artnershi ;etter
b# A co, of artnershi deed

3# Joint Hind% families a# Joint Hind% famil, letter
6# ;imited comanies a# *ertificate of incororation
!"
b# *ertificate of commencement of
b%siness.
c# Memorand%m and article of
Association
d# Board0s resol%tion
5# *l%bs) Schools) Societies) a# *ertificate of registration or
*ommittees incororation
b# A co, B,e Gla's) r%les)
reg%lations as the case ma,
be
c# Memorand%m of
Association) if an,
d# Resol%tion of board of
:irectors
e# ;atest co, of balance sheet
In case of *o1oerati(e
Societies.

F# Tr%sts a# Instr%ment or doc%ment of
Tr%c& or rele(ant e<tract
thereof.
b# Resol%tion
c# *ertificate of registration
*harit, *ommissioner

D# /ro(ident f%nds a# Tr%st deed
b# R%les of /ro(ident f%nd
c# Resol%tion
E# ?%ardians aointed a# *o%rt order or ?%ardianshi
b, co%rt in resect *ertificate
+f minors
!#
$inimum %mount=
Acco%nt shall be oened 'ith minim%m balance of Rs 5000=1.
!ue o" CheDue Book
*he.%e boo& ma, be iss%ed to the acco%nt holder on the 'ritten re.%est
onl,. *he.%e boo& iss%ed to the ne' acco%nt holder for first si< month shall be
stamed 3 Ae' Acco%nt0.
.
1%$( O- )H( O&*%1!S%)!O1
POS)%L %,,&(SS
The Sangr%r *entral *o1+erati(e Ban& ;td.H.+.) The Mall Sangr%r116D001.
MAIA T4;4/H+A4 A>MB4RS AT H4A: +77I*4
Managing :irector 50002D0
:istrict Manager 50002D1
Sr. Manager 50002D2) 5003F6E
*hairman 50002D3
Acco%nt Section 50002D6
Stat Section 50002D5
7AU A+9 01D51500352D
1%$( O- ,(P%&)$(1) 2O&0!1* !1 CO.OP. B%10=
There are (ario%s sections = deartments 'hich are 'or&ing in the Ban&.
Here 'e tell %s abo%t those deartments = sections 'hich la, imortant role in
Ban&ing. $e tell abo%t his Head of :eartment) its f%nctions 2 n%mber of members
'or&ing in the deartments.
-+1C)!O1S O- )H( ,(P%&)$(1)
To maintain monthl, statements etc- li&e as G ;I*) Income Ta<) ?S;I
?rie(ance of %blic 2 branches.
Nearl, statements.
Master olic, of holder s%ch as G 4:;T) ?I) and Ho%se ;oan.
Statements of AABAR:.
!'
Ho%se ;oan
To iss%e charge sheets of emlo,ees 2 maintain it.
To maintain Misc. files.
To maintain se(eral records B'ith ser(ice boo& of emlo,ees#
Transfer of emlo,ees.
Increment concerned 'ith emlo,ees.
/ass T.A. :.A. bill of emlo,ees
Salar, of emlo,ees0 maintained.
-+1C)!O1 O- %CCO+1) S(C)!O1
The Misc. deartment reconciled the A=c of all the branches.
That deartment iss%es the drafts of local) state le(el =aims.
7%rnit%re fi<t%re.
This deartment &ees % the c%rrent A=* related 'ith commercial ban&.
It hels to maintain s%ndr, A=*.
Maintain the c%rrent A=* 'ith /.S.*.B.
/assing the M.*.;. of societies.
Sanctioned of cash credit limits of societies.
Maintenance of receit and disatch register.
1+$B(& O- P(&SO1 2O&0!1*
In this section n%mbers of ersons 'or&ing are ten.
1 Senior Manager
2 Manager
2 Assistant Manager
5 *ler&s
-+1C)!O1S O- LO%1 S(C)!O1
Sanction all t,es of loans- li&e as G *ons%mer ;oan
*omosite =integrated loan
!(
@ehicle ;oan
*om%ter loan Gonl, for staff member
Sanction all t,es of limits- li&e as G cash credit trader
*ash credit farmers
;oan against roert,
R%ral godo'n
Mini dair,

$ai Bhago cheme
Rene'ed cash credit limits.
/h,sical (erification done before sanctions the limits or loans.
@ehicle loan G t'o 'heeler) three 'heeler) 2 S.R.T.+.
Maintain statements for refinance 2send to AABAR:.
1+$B(& O- P(&SO1S 2O&0!1*
There are se(en ersons 'or&ing in stat section
1 Senior Manager
1 Manager
2 Assistant Manager
1 Acco%ntant
1 *ler&
1 T,ist
%CCO+1) > -!1%1C( ,(P%&)$(1)
Meeing of acco%nt and maintaining boo&s of acco%nts) rearing rofits and
loss acco%nts) rearing b%dgets) a, rolls) recording receits and a,ments)
!)
rearing statement of assets and liabilities etc. are office acti(ities of secialiCed
nat%re. All these are office 'or& and erformed b, this secial office
.

$!SC(LL%1C(O+S %C)!/!)(S
O--!C( )!$(= 1 The /.*.*.B. has fi<ed the timing for all the emlo,ees the
timing of this coman, is 10a.m. To 5.m. The recorded of the arri(al 2 deart%re
'as recorded thro%gh Attendance register coman, maintenance the attendance
registers. All the emlo,ees come at 10a.m. 4ntered the time in the Attendance
register in the first col%mn and at time of l%nch. The entire emlo,ee entered. The
deart%re time for l%nch at 2.m. $hen the, come after l%nch the, 'ill entered the
arri(al time 2.30.m. Than d%t, 'as comlete the, 'ill entered the deart%re time
5.00.m. And also entered the total 'or&ing ho%rs in the f%ll da,. There is no e<tra
s,stem for recording the time.
LO*BOO0= 1 All the (ehicles of the coman, ha(ing logboo&. 4ach (ehicle has
o'n searate logboo&. All the records of this (ehicle 'ere &et in this logboo&.
The erform sho's that) ho' m%ch &ilometer are to be %sed b, this log
boo& the erson 'ho %sed the (ehicle fill this log boo& and signed on also fill that
for 'hat %rose. The (ehicle 'as %sed
-%C!L!)!(S -O& S)%-- 9 1 The follo'ing facilit, is a(ailable to staff members.
Ho%se ;oan facilit, at s%bsidiar, rate.
Scooter loan= motorc,cle= car loan at s%bsidiar, rate.
7esti(al loan.
Medical loan
;T* ;oan B;oan Tra(elling *oncession#
:A Bdail, allo'ance#
TA Btra(elling allo'ance#
"*
LO%1S %1, %,/%1C(S
The ban& finances cro loan) in(estment credit and allied acti(ities thro%gh 2D2
rimar, agric%lt%re cooerati(e societies to farmers in the (illages. Ban& ad(ances
direct loans to farmers for %rchase of t'o 'heelers) mini and commercial dair,)
re(ol(ing cash credit to farmers for their socio) economic needs) constr%ction) reair)
reno(ation of ho%se in r%ral areas. Ban& ad(ances ersonal loan) cons%mer loan)
(ehicle loan) ho%se loan) ed%cation loan) Aon farming sector) Self hel gro%)
*ommercial dair,) ;oan against roert,)
%*&!C+L)+&%L %,/%1C(S=.
In resect of ad(ances granted for agric%lt%ral %roses 'here interest and= or
installment of rincial remains %naid after it has become o(erd%e for t'o ha(es
seasons b%t for a eriod not e<ceeding t'o half1,ears) s%ch an ad(ance sho%ld be
treated as A/A. The abo(e norms sho%ld be made alicable to all direct agric%lt%ral
ad(ances listed in the Anne<%re. In resect if other agric%lt%ral ad(ances incl%ding
allied acti(ities) assessment if A/A 'o%ld be done as in the case of non1 agric%lt%ral
ad(ances.
)H( S%1*&+&C(1)&%L COOP(&%)!/( B%10=
Scheme &ate o" !nteret
1. *ooerati(e &isan credit card DH Bfrom /A*S 6.5H#
2. Re(ol(ing cash credit card 11H
3. >rban 2 R%ral Ho%sing /lan 11H
6. T'o 'heelers loan 13H
5. A.7.S 2 S.R.T.+
1 500002 abo(e 13H
F. /ersonal ;oan 16H
D. *ons%mer ;oan 16H
E. /ersonal @ehicle
"1
1 200000 2 abo(e 13H
5. *ommercial :air, 11H
10. *ash credit traders 12H
11. 4d%cation ;oan 11H
12. Self hel gro% 11H
13. Medi%m term agric%lt%re %rose 10H
16. Aon agric%lt%re %rose short term 10H

0ian Credit Card cum Pa Book )o -armer
The che.%e boo& and ass boo& s,stem 'as introd%ced in /%n!ab from
01=10=15DE ban&s ha(e s%ccessf%ll, imlemented the scheme of short term
agric%lt%ral loans 'ith refinance s%ort from AABAR: thro%gh the s,stem of
che.%e boo& and ass boo&. As er e<isting scheme) Ma<im%m credit limits of
farmers are rescribed b, state le(el technical committee chaired b, the Registrar)
cooerati(e societies) /%n!ab) *handigarh on the basis of recommendations of
:istrict le(el technical committees) These limits are fi<ed for (ario%s Rabi and Mharif
cros. The ma<im%m credit limit of farmer er acre is as %nder fi<ed b, R*S letter no
*A 2=5 *;=A=163=6 660 :ated 25=0E=012. The M*; of ma!or cros is as %nder91
SR.A+ Aame of cro *ash Mind Total
1 $heat 5200 2F50 DE50
2 Rice F000 2D00 ED00
3 *otton F300 3500 5E00
6 S%garcane 12D00 6300 1D000
5 +il Seed 6500 2100 FF00
F /otato 12000 5000 1D000
D ?reen @egetables 12500 6E00 1D300
E 7odder 6000 1E00 5E00
5 :iesel 2300 1 2300
10 Ancillar, acti(ities 1500 1 1500
11 Agric%lt%re
imlement on rent
1000 1 1000

M*; of the indi(id%al member of the rimar, agric%lt%re cooerati(e societ, is fi<ed
b, the managing committee of societ, thro%gh a resol%tion ) limits for cash Ba# &ind
ancillar, acti(ities diesel l%bricants and rent of agric%lt%re imlements on the basis of
"2
aro(ed scales of finance in &eeing 'ith land holding of the farmer on the basis of
rele(ant land records i.e ('ama.Bandi ) after sanctioning the limit b, the societ, the
member ha(e to e<ec%te
1. :emand /romissor, Aote
2. ;etter of contin%it,
3. *ash credit agreement
The farmer 'ill s%bmit the same to the societ, after M*; has been sanctioned
b, the ban& the managing committee of societ, 'o%ld ass a resol%tion to
a%thoriCing its member to e<ec%te ronote= agreement on behalf of societ, for f%ll
amo%nt of M*; sanctioned b, ban&. The ban& 'o%ld obtain follo'ing doc%ments
from the societ, after its M*; is aro(ed 9
a# Resol%tion of the societ,
b# :emand /romissor, Aote
c# ;etter of *ontin%it,
d# *ash credit agreement

The secretar, of societ, 'o%ld deli(er romote for 'hole amo%nt of M*; along 'ith
co, of the resol%tion of the societ, a%thoriCing him to do so. The secretar, of the
societ, 'o%ld fill the necessar, data in M** of each of the member.
The hotograhs of the members 'o%ld be (erified b, the Secretar, in s%ch a
manner that a art of the (erification is on the hotograh and a art on boo& to
minimiCe the ossibilit, of remo(ing= relacing the hotograh. Th%mb imression or
signat%re of the member 'o%ld be ta&en on the /ass boo& and 'o%ld be attested b,
the Secretar, and the Branch Manager
The transmission of information b, the Societ, to the Ban& branch and b, the
ban& to the societ, 'o%ld be made sim%ltaneo%sl, so that acco%nt of each member
is comleted at the earliest. The ban& 'o%ld ens%re that total loan against a member
does not e<ceed the ma<im%m credit limit sanctioned to him. Iss%e of che.%e boo&s)
a,ment of che.%es and Secimen signat%res of a%thoriCed signator, The
roced%re for iss%e of che.%e boo&s and a,ment of che.%es 'o%ld remain as
earlier) It is reiterated here%nder for the %rose of clarit,. The concerned **B
branch 'o%ld allot an acco%nt n%mber to each of the /A*S. ;i&e'ise) indi(id%al
members of the societ, 'o%ld also be allotted an acco%nt n%mber. Aame stam of
"3
the societ, 'o%ld be affi<ed on each che.%e b, the ban& before iss%e of che.%e
boo&.
The branch manager 'o%ld get th%mb imression= signat%res in his resence.
>nder no circ%mstances) che.%es 'o%ld be aid or acceted for a,ment of cash
and lifting of &ind comonent 'itho%t rod%ction of M** c%m ass boo& b, indi(id%al
members.
COOP(&%)!/( 0!SS%1 C&(,!) C%&, %1, P%SS BOO0
PHO)O
Aame of the Branch 9 11111111111111111111111111111111111
Aame of the Societ, 9 11111111111111111111111111111111111
*ard Ao 9 1111111111111111111111111111111111
Ten%re 9 11111111111111111111111111111111111
Aame of card holder 9 11111111111111111111111111111111111
7ather= H%sband Aame 9 111111111111111111111111111111111111
@illage and /ost +ffice 9 111111111111111111111111111111111111
Tehsil and district 9 111111111111111111111111111111111111

Signat%re of *ard
Holder
Secretar, Signat%re Signat%re of branch
and stam manager and branch
stam
"!
P(&-O&$% O- P%SS BOO0
,ate Particular Lat
outtanding
,epoit )otal
outtanding
Signature
*he.%e Boo& Iss%ed b, Ban&
1ame o" memBer = ................................
-ather?HuBand 1ame = ................................
%ccount 1o = ................................
Bank Ledger -olio = ................................
)otal amount o" loan = ................................
:ate A%mber Signat%re
)H( S%1*&+& C(1)&%L COOP(&%)!/( B%10 L),., H.O.S%1*&+&.
SCH($( -O& -!1%1C!1* &+&%L HO+S!1*
/reamble
$ith a (ie' to ro(ide ho%sing facilities to the masses 'hich is a basic need of
h%man beings) the ?+I and State ?o(t. are attaching %tmost imortance to the
financing of ho%sing sector. Se(eral ho%sing schemes for this are in oeration. $ith
a (ie' to s%lement these schemes) it has been decided b, the *oo. Ban& to start
ho%sing finance for ac.%isition) constr%ction) reair=alteration etc. This scheme has
artic%larl, been designed for r%ral eole) 'here other financing instit%tions are
rel%ctant to ad(ance. The scheme shall be called the "Scheme for 7inancing R%ral
Ho%sing8 and is alicable to indi(id%al=members of ho%se b%ilding cooerati(e
societies in the state of /%n!ab and *handigarhB>.T.#
4. %rea o" Operation
""
;oan shall be ad(anced to indi(id%al and member of ?ro% Ho%sing *ooerati(e
Societies in the area of oeration Ban&s in the state of /%n!ab and *handigarh >.T.
6. (ligiBle Borro#er
Indi(id%als
*ooerati(e Ho%sing Societies
5. Purpoe o" Loan
;oan shall be ad(anced %nder the scheme for %rchase of b%ilt % ho%se)
constr%ction of a ne' ho%se or reair= reno(ation=addition=alteration of e<isting
ho%se in r%ral areas.
:. Ceiling on the cot
The loan for a d'elling %nit ma, not e<ceed Rs.15.00 lacs. In case land is being
ac.%ired the cost of land ma, be rec&oned as margin mone,) other'ise cost of land
sho%ld not be incl%ded in the ro!ect cost.
7. Fuantum o" Bank loan "or !ndividual
The .%ant%m of loan shall deend %on rea,ing caacit, of the borro'ers) s%b!ect
to E5H of cost of constr%ction or (al%e of roert, to be %rchased.
7or constr%ction=%rchase of ne' Ho%se
a# ma<im%m loan G Rs.15.00 lacs
b# Margin Mone, G 15H
c# Rea,ment eriod G >to 15 ,ears in monthl,=half ,earl, installments. :%e
date shall be 30
th
J%ne and 31
st
:ecember e(er, ,ear.
7or Reno(ation=Reair=Addition=Alteration9
a# Ma<im%m loan G Rs.5 lacs Bfor reair= addition =alteration of Ho%se#
b# Margin mone, G 15H
c# Rea,ment eriod G 10 ,ears in monthl,=half ,earl, installments.
;oan eligibilit, shall be calc%lated on the basis of rea,ment caacit, of the
borro'er. The rea,ing caacit, shall be determined on the basis of land holding
and other &no'n so%rces of income and commitments=s%bsistence to'ards his
famil,. A reasonable installment to income ratio i.e. normall, %to 35H of the gross
income can be ta&en as rea,ment caacit, of the borro'er. Income of the co1
alicant can also be considered for loan eligibilit,.
"#
;. Period o" Loan
The ma<im%m eriod of loan shall be %to 15 ,ears and loan shall be rea,able in
e.%ated monthl,=half ,earl, installments. The first installment shall become d%e after
e<ir, of 5 months from the date of dra'l of first installment in case of constr%ction
and 'hereas in case of %rchase of b%ilt % ho%se) it shall start after e<ir, of 3
months from the date of %rchase.
<. &ate o" !nteret
At resent rate of R%ral Ho%sing is 11H and f%rther it shall be determined b,
financing ban& from time to time and debited to loan acco%nt. Interest
Is charged as contract made 'ith the loanee. /enal interest V 2H o(er and abo(e
the normal rate shall be charged in case of defa%lt) on the defa%lt amo%nt for the
defa%lt eriod. 0.5H concession is allo'ed to 'omen
A. Securit@
The sec%rit, of the loan shall be first mortgage charge on the ho%se roert, to be
financed b, the ban& b, 'a, of registered reg%lar mortgage. In addition to it
collateral sec%rit, shall be ta&en V 100H of the loan amo%nt in the form of
agric%lt%re land. @al%e of agric%lt%re land as er norms fi<ed b, the :istrict *ollector
from time to time sho%ld be ta&en into consideration. In case of emlo,ees of the
?o(t.) semi go(t.) Boards) *ororation) etc.) constr%cting ho%se 'ithin r%ral areas)
loan can be ad(anced on rimar, sec%rit, i.e. mortgage of ho%se to be financed)
along 'ith t'o good s%reties and %nderta&ing %nder section 35 of /%n!ab
*ooerati(e Societies Act.) 15F1.
Bamended (ide R*S *irc%lar letter Ao.*redit=*A12=H7=201=1=1F2F6 dated 30.10.0D#
9. Sanction and diBurement o" Loan
The loan shall be sanctioned after it is ascertained that the alicant f%lfils all the
re.%irements and en!o,s re%tation as a good a, master. 7or constr%ction loan) the
borro'er sho%ld be in ossession of lot 'ith %n.%estionable and indis%table title.
In case of b%ilt % ho%se) the a,ment shall be made V D5H of total (al%e of the
ho%se=;oan sanctioned. /a,ment shall) ho'e(er) be made to third art, in l%m s%m
after getting margin mone, from the borro'er and remaining 25H shall be released
"'
after obtaining Mortgage :eed in fa(o%r of the Ban&. 7or constr%ction of ho%se) loan
shall be disb%rsed in 2 installments) 'hich is as %nder91
i# 1
st
installment at the time of starting 50H
constr%ction % to linth le(el
ii# 2
nd
installment after comletion % to 50H
Roof le(el.
2
nd
installment shall be disb%rsed after ens%ring roer %tiliCation of re(io%s
installment.
48. Proceing -ee > Other Charge
/rocessing 7ees and other charges V 0.25H of loan amo%nt shall be charged.
44. ,ocumentation > general
reDuirement.
7ollo'ing doc%ments are re.%ired for financing %nder R%ral Ho%sing Scheme
1. Alication form
2. ;oan agreement
3. :. /. Aote
6. T'o latest attested assort siCe hotograhs of the borro'ers.
5. /roof of residence.
F. So%rce of 7inance for o'n contrib%tion.
D. *o, of aro(ed dra'ing of the roosed d'elling %nit to be
constr%cted=%rchased from Saranch = A%mberdar.
E. Agreement of sale deed.
5. :etails of cost=estimate from aro(ed Architect%re= @al%er= 4ngineer of the
ho%se to be %rchased= constr%cted =reno(ated =addition to be made.
10. Aon1enc%mbrance certificate.
11. ;atest Jamabandi and ?irda'ari.
12. *ertificate of o'nershi of land=roert, sit%ated 'ithin Red ;ine Bi.e. /hirni# of
the (illage from the Saranch=A%mberdar=/art'ari.
13. The borro'er shall mortgage his e<isting roert, 9 to be constr%cted=%rchased
in fa(o%r of the ban& for the f%ll (al%e of loan.
16. The borro'er shall be re.%ired to s%bmit collateral sec%rit, V 100H of the loan
amo%nt.
"(
SCH($( -O& +&B%1 HO+S!1* LO%1 SCH($(
4. Short title, (Jtent and Commencement
a# This scheme ma, be called >rban Ho%sing ;oan Scheme to indi(id%al and
members of ho%se B%ilding Societies b, The /%n!ab State *ooerati(e
Ban&=*entral *oo .Ban& Bs# in the State of /%n!ab.
b# The scheme shall be imlemented thro%gh the branches of the /S*B=*entral
*ooerati(e ban&s concerned and shall be limited to %rban areas falling in the
area of oeration of the lending Ban&.
It shall come into force from the date as the Registrar *oo.Societies) /%n!ab
*handigarh decides.

6. ,e"inition !n thi Scheme unle the conteJt other#ie reDuire =.
a# 3Act0 means) the /%n!ab *ooerati(e Societies Act 15F1 as amended from
time to time.
b# 3B,e1la's0 means the registered b,ela's of the State = *entral *ooerati(e
Ban&s concerned.
c# 3Ban&0 means State=*entral *ooerati(e Ban& registered %nder the Act.
d# 3*ommittee0 means the ?o(erning bod, of the *ooerati(e Ban& b, 'hate(er
name called to 'hich the management of the affairs of the ban& is entr%sted.
e# 3?o(ernment0 means ?o(ernment of /%n!ab.
f# 3Aominal Member0 means a erson admitted to membershi of he ban& %nder
Act. R%les and B,e1la's.
g# 3+fficers0 means the /resident) @ice /resident) *hairman) @ice *hairman)
Managing :irector) Manager) ;i.%idator and Administrator incl%des an, other
erson emo'ered %nder the r%les or the b,e la's to gi(e direction in regard
to the b%siness of the ban&.
h# 3Registrar0 means a erson aointed to erform the f%nction of the Registrar
of *ooerati(e Societies %nder the Act.
i# 3R%les0 means the /%n!ab *ooerati(e Societies R%le 15F3.
!# >rban area means area falling %nder Aagar /ancha,at) Aotified Area
*ommittee) M%nicial *o%ncil) M%nicial *ororation and *antonment Board.
&# 7amil, member means So%se) Son) Son0s 'ife) >nmarried :a%ghter.
")
5. Purpoe
;oan shall be ad(anced for the %rchase of lot) %rchase of b%ilt % ho%se)
constr%ction of ho%se or reair) reno(ation) additions) alteration) etc. in the e<isting
ho%se. ;oans shall also be gi(en for ac.%iring a lot) flat) ho%se in an e<isting or
roosed *ooerati(e Ho%se B%ilding Societ, and aro(ed scheme of />:A)
Ho%sefed) Imro(ement Tr%st or an, other ?o(t. Agenc,.
;oan can also be ad(anced for ta&e o(er of an e<isting loan ad(anced b,
an, other ban&=financial instit%tion s%b!ect to the condition that the loan acco%nt
sho%ld ha(e remained in the standard categor, of assets for atleast last 2 ,ears in
the re(io%s financial instit%tion.
:. Fuantum o" loan #ill depend upon the repa@ment capacit@ o" applicant to Be
calculated B@ the Bank a under =
21 ,rs. To 65 ,rs of age.
6E times of the net monthl, income BAMI# or 6 times of Aet Ann%al Income BAAI#
Abo(e 65 ,ears
3F times of Aet Monthl, Income BAMI# or 3 Times of Aet Ann%al Income Income of
the so%se or famil, member can be considered if so%se or famil, member is co1
alicant or g%arantor. Ma<im%m loan amo%nt for constr%ction of ho%se or %rchase
of ho%se=flat) %rchase of lot W constr%ction thereon %nder this scheme is Rs.25
lacs or D5H of total cost of constr%ction) %rchase of ho%se Bcost of constr%ction W
cost of lot) if lot is to be %rchased#) 'hiche(er is less.
The loan for %rchase of lot 'ill not e<ceed 50H of the total loan sanctioned.
7or reair=reno(ation ma<im%m amo%nt of loan shall be Rs.5 lacs.
7or addition=alterations in e<isting ho%se) ma<im%m loan amo%nt shall be Rs.10 lacs.
7. !nteret
At resent rate of >rban Ho%sing is 11H and f%rther it shall be determined b,
financing ban& from time to time and debited to loan acco%nt. Interest
Is charged as contract made 'ith the loanee. /enal interest V 2H o(er and abo(e
the normal rate shall be charged in case of defa%lt) on the defa%lt amo%nt for the
defa%lt eriod. 0.5H concession is allo'ed to 'omen
F. /eriod of ;oan=
#*
Rea,ment of ;oan
Ma<im%m eriod Bincl%ding moratori%m eriod# shall be 15 ,ears or attaining the age
of F5 ,ears 'hiche(er is earlier. In case of reair=reno(ation =addition=alteration loan
cases ma<im%m eriod shall be 10 ,ears.
Rea,ment of the loan shall) ho'e(er) be in monthl, e.%ated installment to be
started from 5 months after the first installment of loan disb%rsed. In case of the
farmers a(ailing loan %nder this scheme) rea,ment of loan ma, be in half ,earl,
installments i.e. 30
th
J%ne and 31
st
:ecember e(er, ,ear.
P(&SO1%L LO%1
A seciall, designed /ersonal ;oans Scheme has been framed 'hich aims at
ro(iding credit facilit, for meeting o%t socio1economic needs of emlo,ees s%ch as
child ed%cation) f%rnishing ,o%r home) b%,ing a com%ter) son=da%ghter0s marriage)
holida, to%r 'ith ,o%r famil, or an, other basic re.%irements 'itho%t gi(ing an,
%rose of the loan.
)he main "eature o" thi cheme are lited Belo#=.
(ligiBilit@ Criteria
4. Cla Salaried emlo,ees of /%n!ab ?o(ernment) /S>s) Boards) *ororations)
Aided Schools=colleges) >ni(ersities) /%blic Sector Ban&s) /remier Medical
Instit%tions) ?eneral Ins%rance *omanies) /%n!ab State *ooerati(e Ban&) :istrict
*entral *ooerati(e Ban&s) *ooerati(e +rganiCations in the State of /%n!ab or an,
an, other organiCation as aro(ed b, the Board of :irectors of the resecti(e ban&.
The B+: of the resecti(e ban& can ma&e addition or deletion to this list.
2. Age Minim%m 21 ,ears and Ma<im%m 5D ,ears
3. Ser(ice Ten%re1 ,ear after the confirmation=reg%lariCation
6. ;oan ;imit12 times of gross monthl, salar, or Rs.2 lacs) 'hiche(er is less.
5. Ten%re Ma<im%m G 5 ,ears.
F. Rate of Interest At resent 16H from %blic and 13H from staff 'ith .%arterl,
rests. 0.5H concession is allo'ed to 'omen
D. Rea,ment of ;oan is rea,able in e.%ated monthl, installments in the form of
ost1dated che.%es. The 1
st
installment 'ill start after one month. The loan 'ill be
reaid before retirement.
#1
)2O 2H((L(&S )O -%&$(&S
1. 4ligibilit, *riteria
a) (ligiBle
Borro'ers
An agric%lt%rist ha(ing land in his o'n name or his famil, member is eligible for the
loan. The branch manager has to ens%re that the alicant is a farmer 'hich can be
(erified either from Missan *redit *ard or 7ard Jamabandi or an, other legal
doc%ment. Alicant sho%ld not be defa%lter of an, loan.
Bamended (ide R*S *irc%lar letter Ao.*redit=*A12=6*;=EF= 16521 dated 11.10.0D#
B) %ge
The age of the borro'er sho%ld not be less than 21 ,ears at the time of alication
and not more than F0 ,ears at the time of mat%rit, Brea,ment of loan#.
/roof of Age G Ration *ard=@oter *ard=School ;ea(ing *ertificate=:ri(ing ;icense
c) 1ominal $emBer
The borro'er shall be enrolled as Aominal Member of the ban&. If he or she is
alread, a nominal member of the ban&) then there is no need for admitting him=her
again) his=her nominal membershi n%mber ma, be %sed for the %rose of loan.
d# A%mber and
T,e of @ehicle
to be financed
+nl, one ne' t'o1'heeler is eligible to be financed to a erson. The old (ehicle is
not eligible to be financed %nder the scheme. The t'o 'heeler ma, be of an,
ma&e=model to be %rchased from the a%thoriCed dealer=s%lier of the *oman,.
6. %mount o" Loan and &epa@ment
a) $aJimum %mount
The ma<im%m amo%nt of loan that can be sanctioned %nder this scheme is
Rs.50000=1 or D5H of the (al%e of the t'o1'heeler) 'hiche(er is less.
B) Period o" Loan
#2
The rea,ment eriod shall not e<ceed 5 ,ears in an, case.
c) &epa@ment o"
Interest
At resent rate of t'o 'heelers to farmers is 13H and f%rther it shall be determined
b, financing ban& from time to time and debited to loan acco%nt. Interest is charged
as contract made 'ith the loanee. /enal interest V 2H o(er and abo(e the normal
rate shall be charged in case of defa%lt) on the defa%lt amo%nt for the defa%lt eriod.
0.5H concession is allo'ed to 'omen
d# Rea,ment
The loan 'ill be rea,able in monthl,=half ,earl, installments resting 31
st
March and
30
th
Setember
5. ,ocument reDuired #ith %pplication -orm
1. ;atest hotograhs of alicant and g%arantors.
2. /roforma In(oice of t'o1'heeler form a%thoriCed dealer=s%lier.
3. *o, of (alid :ri(ing ;icense of alicant or his=her famil, member.
6. /hotoco, of 4lection Identit, *ard=Ration *ard=Telehone Bill=4lectricit, Bill=Missan
*redit *ard or an, other doc%ment 'hich establishes the identit, of the alicant
and ro(ide roof of residence.
5. Aominal Membershi form for alicant) g%arantors or their nominal membershi
n%mbers.
F. /hotoco, of doc%ments relating to collateral sec%rities) if re.%ired artic%larl, in the
absence of g%arantee.
CO1S+$(& ,+&%BL( LO%1S (S%L%&3?1O1 S%L%&3 (%&1(&S)
Scheme for ?ranting ;oans to Indi(id%al Salar, and non1salar, earners b, the state
and central cooerati(e ban&s for socio1economic needs
1. The ban& ma, grant loans to indi(id%al salar, earners and non1salar, earners
holding sa(ing ban& acco%nt or c%rrent acco%nt 'ith the ban& for %rchase of
cons%mer d%rables and meeting other socio1economic needs.
2. The loan sho%ld be rea,able in monthl, instalments b%t the total d%ration of
loan sho%ld not e<ceed three ,ears in an, case
#3
3. The borro'er sho%ld be enrolled as a nominal member of the Ban&. The
Borro'er sho%ld be re.%ired to rod%ce 2 s%reties 'ho sho%ld also be nominal
members of the Ban&.
6. In case of SA;ARN 4ARA4RS) the amo%nt of loan sho%ld not e<ceed Rs.1.00
lac er borro'er or D5H of the cost of article to be %rchased 'hiche(er is less) in
accordance 'ith the slabs fi<ed here%nder91
a# Total net emol%ments %to Rs.5000=1 1 ;oan Amo%nt T
Rs.25000=1
b# Total net emol%ments from Rs.5001=1 to Rs.D500=1 1 ;oan Amo%nt T
Rs.60000=1
c# Total net emol%ments from Rs.D501=1 to Rs.10000=1 1 ;oan amo%nt T
Rs.50000=1
d# Total net emol%ments from Rs.10001=1 to Rs.15000=1 1 ;oan amo%nt T
Rs.D5000=1
e# Total net emol%ments abo(e Rs.15001=1 1 ;oan amo%nt T
Rs.100000=1
In case of A+A1SA;ARN 4ARA4RS) the amo%nt of loan sho%ld not
e<ceed Rs.50000=1 er borro'er or D5H of the cost of article to be
%rchased in accordance 'ith the slabs fi<ed here%nder91
Half Nearl, Income Amo%nt ;oan
a# >to Rs.1E000=1 Rs.15000=1
a# 7rom Rs.1E001=1 to Rs.2D000=1 Rs.25000=1
b# 7rom Rs.2D001=1 to Rs.60000=1 Rs.30000=1
c# More than Rs.60001=1 Rs.50000=1
Bamended (ide R*S *irc%lar letter Ao.*redit=*A12=6*;=EF= 16520 dated 11.10.0D#
5. The loan sho%ld be ad(anced for ac.%iring ne' assets onl,. /%rchase of
second hand articles sho%ld not be financed in an, case.
Bamended (ide R*S *irc%lar letter Ao.*redit=*A12=6*;=EF= 16520 dated 11.10.0D#
F. The ban& sho%ld obtain salar, certificate from the borro'er. The borro'er
himself sho%ld be resonsible for the rea,ment of his loan. Ho'e(er he sho%ld also
#!
rod%ce a co, of a%thorit, letter addressed to the ban& and also an %nderta&ing to
the effect that in case borro'er commits defa%lt in rea,ment of his loan
installments) then his salar, or loan amo%nt d%e 'ill be credited to his loan acco%nt
till the ban& directs to do so. The ban& shall inform the emlo,er immediatel, after
the sanction of loan.
D. In case of defa%lt b, the borro'er) the ban& 'ill as& the emlo,er of the
borro'er to deosit the d%e amo%nt b, ded%cting from the salar, of the emlo,ee.
Bamended (ide R*S *irc%lar letter Ao.*redit=*A12=6*;=EF= 16520 dated 11.10.0D#
E. The borro'er sho%ld gi(e standing instr%ction to debit the amo%nt of
installments or o(erd%e installments together 'ith interest d%e on that loan e(er,
month to his sa(ing ban& acco%nt or c%rrent acco%nt as the case ma, be.
Bamended (ide R*S *irc%lar letter Ao.*redit=*A12=6*;=EF= 16520 dated 11.10.0D#
5. At resent rate of cons%mer loan is 16H and f%rther it shall be determined b,
financing ban& from time to time and debited to loan acco%nt. Interest is charged as
contract made 'ith the loanee. /enal interest V 2H o(er and abo(e the normal rate
shall be charged in case of defa%lt) on the defa%lt amo%nt for the defa%lt eriod.
0.5Hconcession is allo'ed to 'omen
C%SH C&(,!) -%C!L!)3 )O )&%,(&S > O)H(&S
/(H!CL( LO%1
&ule 1o.4
#"
These r%les are called the r%les for granting of @ehicle ;oan to indi(id%als) firms)
H>7) *omanies) Tr%st and *ooerati(e Societies.
&ule 1o.6
/%rose of loan is to ro(ide financial assistance to %rchase ne' (ehicles for
b%siness and ersonal %se.
&ule 1o.5
The ma<im%m amo%nt that can be sanctioned %nder the scheme is limited to
Rs.10.00 lac or E0H of (al%e of the (ehicle 'hiche(er is less.
&ule 1o.:
The cost of the (ehicle shall be aid directl, b, the Ban& to the s%liers or
a%thoriCed dealers on receit of intimation from the dealer and instr%ctions from the
alicant.
&ule 1o.7
At resent rate of (ehicle loan is 13H and f%rther it shall be determined b, financing
ban& from time to time and debited to loan acco%nt. Interest is charged as contract
made 'ith the loanee. /enal interest V 2H o(er and abo(e the normal rate shall be
charged in case of defa%lt) on the defa%lt amo%nt for the defa%lt eriod. 0.5H
concession is allo'ed to 'omen
SCH($( -O& *&%1)!1* O- LO%1 %*%!1S) P&OP(&)3
4. Short title, eJtent and commencement=.
i. This scheme ma, be called Scheme of ;+AA A?AIAS /R+/4RTNB;A/#
ii. The scheme shall be imlemented thro%gh the branches of the /%n!ab State
*ooerati(e Ban& ;imited 2 *entral *ooerati(e Ban&s onl, thro%gh an %rban
branch in the State of /%n!ab and shall be a(ailable to Indi(id%als. Beneficiaries
sho%ld be enrolled as Aominal Member of the ban&. It shall come into force
from the date as the Registrar) *oo.Societies) /%n!ab) *handigarh decides.
6. ,e"inition= In this Scheme %nless the conte<t other'ise re.%ires 9
##
a# Act0 means) the /%n!ab *ooerati(e Societies Act 15F1 as amended from
time to time.
b# 3B,e1la's0 means the registered b,ela's of the State = *entral *ooerati(e
Ban&s concerned.
c# 3Ban&0 means State=*entral *ooerati(e Ban& registered %nder the Act.
d# 3*ommittee0 means the ?o(erning bod, of the *ooerati(e Ban& b, 'hate(er
name called to 'hich the management of the affairs of the ban& is entr%sted.
e# 3?o(ernment0 means ?o(ernment of /%n!ab.
f# 3Aominal Member0 means a erson admitted to membershi of he ban& %nder
Act. R%les and B,e1la's.
g# 3+fficers0 means the /resident) @ice /resident) *hairman) @ice *hairman)
Managing :irector) Manager) ;i.%idator and Administrator incl%des an, other
erson emo'ered %nder the r%les or the b,e la's to gi(e direction in regard
to the b%siness of the ban&.
h# 3Registrar0 means a erson aointed to erform the f%nction of the Registrar
of *ooerati(e Societies %nder the Act.
i# 3R%les0 means the /%n!ab *ooerati(e Societies R%le 15F3.
!# 7amil, member means So%se) Son) Son0s 'ife) >nmarried :a%ghter.
5. Purpoe
The scheme is for ro(iding finance against mortgage of immo(able roert,
sit%ated at *handigarh) >.T. /eriher, b, /%n!ab State *ooerati(e ban& and at
%rban areas B'ithin M%nicial ;imit# b, *entral *ooerati(e ban& thro%gh its %rban
branches) and is designed to offer instant sol%tions relating to socio1economic needs
s%ch as children0s higher ed%cation) tra(el) da%ghter0s marriage )medical
emergencies) etc. The loan 'ill) ho'e(er be not a(ail for sec%lati(e %rose.
:. (ligiBilit@
1. An indi(id%al residing in and ha(ing a self occ%ied immo(able roert, in the
area mentioned in the /%rose *la%se no.3 ma, al, for the loan in his
#'
indi(id%al name or along 'ith another erson being !oint o'ner of the
land=roert, as co1alicant. The alicant and co1alicant) if an,) 'ill be
enrolled as nominal members of the ban& %nder the Act) R%les and B,e1la's.
The age of borro'er sho%ld not e<ceed F5 ,ears at the time of al,ing for
the loan.
2. 4mlo,ees of the /S*B=:**B can a(ail this loan against roert, alread,
mortgaged 'ith the ban& b, creating second charge of roert, s%b!ect to the
rea,ing caacit, of the emlo,ee as er the scheme of loan.
7. )@pe and Fuantum o" Loan 9
The loan can be gi(en in the shae of Term ;oan or *redit ;imit. ;oan can
also be gi(en for both %roses i.e. artl, for term loan and artl, for credit limit
s%b!ect to .%ant%m of loan for both the loan and limit 'ill not e<ceed from Rs.25.00
lacs. Q%ant%m of loan 'ill be three times of net ann%al income or 50H of (al%e of
roert,) 'hiche(er is less. Ho'e(er ma<im%m loan amo%nt 'ill be Rs.25 lacs.
Income of famil, member can be considered for the %rose of eligibilit, of loan.
;. !nteret=
Interest shall be charged V 13H .a. como%nded .%arterl, or as ma, be
re(ised b, the ban& from time to time. In case of defa%lts a enal interest V 2H .a.
o(er and abo(e the normal rate on the defa%lt amo%nt and defa%lt eriod shall also
be charged. 0.5H concession is allo'ed to 'omen
<. Securit@=
a) Sec%rit, for the loan is a first mortgage of the roert,) against 'hich loan=limit is
granted) b, 'a, of deosit of title deeds. The (al%ation of the roert, 'ill be
based on the basis of last reser(e rice of the a%ction fi<ed b, the *handigarh
Administration. 7or the roerties sit%ated o%t side the *handigarh) it 'ill be the
official rates of registration fi<ed for the same b, resecti(e M%nicial or
Registration A%thorit, or c%rrent mar&et (al%e 'hiche(er is lo'er.
B) S%itable one g%arantee accetable to the ban&. The g%arantor sho%ld ha(e its
net 'orth e.%al to or more than the loan amo%nt to ad(anced. In case the
#(
income of famil, member is ta&en 'hile calc%lating loan eligibilit,) he=she m%st
be ta&en as g%arantor.
c) /ost dated che.%es for the months for 'hich rea,ment of term loan otion is
d%e.
A. &epa@ment o" Loan=
a# ;oan together 'ith interest is rea,able in ma<im%m D2 e.%al monthl,
installments.
b# +(erdraft facilit, is to be rene'ed=re(ie'ed ann%all,.
9. Proceing -ee=
0.5H of the sanctioned amo%nt shall be charged. In case of limit of 0.25H 'ill be
le(ied e(er, ,ear on the credit limit.
48. ,ocumentation=
a. ;oan alication 7orm.
B. ;oan Agreement.
c. :./. Aote.
d. Mortgage :eed.
e. Aon14nc%mbrance *ertificate.
". ;etter of lien and set off.
g. Ma and *%rrent @al%ation Reort of the roert, from ?o(t. Aro(ed
Architect.
h. Search reort and legal oinion along 'ith the hoto.
i. ;etter of contin%it,
E. +riginal Title :eed.
44. !nurance=
*omrehensi(e Ins%rance in the !oint names of the borro'er and the ban&
shall be made of the roert, mortgaged against fire) riots) earth.%a&e) lightning)
#)
floods) etc. In case of defa%lt ban& 'ill be at libert, to get a olic, rene'ed b, debit
to loan acco%nt of the borro'er.
46. ,ocument reDuired "rom applicant=
:oc%ments re.%ired from Salaried Indi(id%als
/roof of Residence G An, one of Ration *ard=Telehone Bill=4lectricit,
Bill=@oters *ard.
/roof of Identit, G An, one of @oters *ard=:ri(ers ;icense=4mlo,er
*ard=/assort=/AA *ard.
;atest Ban& Statement=/assboo& B'here salar,=Income is credited for ast F
months#.
;atest 3 months Salar, Sli 'ith all ded%ctions 2 7orm 1F for last 2 ,ears.
*oies of all /roert, :oc%ments.
Self attested recent assort siCe hotograhs of the alicant and co1
alicant Bt'o#.
*o, of Income1ta< Ret%rns for last t'o ,ears.
,ocument reDuired "rom the non.alaried individual
Income roof.
/roof of Residence G An, one of Ration *ard=Telehone Bill=4lectricit,
Bill=@oters *ard.
/roof of Identit, G An, one of @oters *ard=:ri(ers ;icense=4mlo,er
*ard=/AA *ard.
;atest Ban& Statement=/assboo& B'here salar,=Income is credited for ast F
months#.
*oies of all /roert, :oc%ments.
*o, of Income Ta< Ret%rns for last t'o ,ears.
'*
45. ,ipute
If at an, stage an, dis%te arises) it 'ill be settled=referred %nder the /%n!ab
*ooerati(e Societies Act 15F1 or an, other rele(ant act at the sole discretion of the
Ban&.
S(CO1, H%1, /(H!CL( LO%1 SCH($(
In the modern era there is a hea(, demand for %rchase of second hand
(ehicles and the ban&s ha(e s%rl%s loan1able f%nds to di(ersif, the loan ortfolio
and to ro(ide financial assistance to the borro'ers for %rchase of second hand
(ehicle) this scheme has been di(ersified.
A. Short title, eJtent and commencement=.
a. This scheme ma, be called 3Second Hand @ehicle ;oan Scheme0 to
indi(id%al sole rorietor rofessional and artnershi concern residing
in the area of oeration of the lending ban& b, the State and *entral
Ban&s as the case ma, be.
B. The scheme shall be imlemented thro%gh the branches of the State
and *entral *oo. Ban&s in >T and in the State of /%n!ab.
c. It shall come into force from the date of aro(al b, the Registrar
*oo.Societies /%n!ab *handigarh.
d. The (ehicle to be %rchased b, the loanee sho%ld not be more than 3
,ears old) sho%ld be accident free) one time road ta< aid) bearing
Registration A%mber of >.T. *handigarh or the State of /%n!ab.
B. ,e"inition=
In this Scheme %nless the conte<t other'ise re.%ires9
a# Act0 means) the /%n!ab *ooerati(e Societies Act 15F1 as amended from
time to time.
b# 3B,e1la's0 means the registered b,ela's of the State = *entral *ooerati(e
Ban&s concerned.
c# 3Ban&0 means State=*entral *ooerati(e Ban& registered %nder the Act.
'1
d# 3*ommittee0 means the ?o(erning bod, of the *ooerati(e Ban& b, 'hate(er
name called to 'hich the management of the affairs of the ban& is entr%sted.
e# 3?o(ernment0 means ?o(ernment of /%n!ab.
f# 3Aominal Member0 means a erson admitted to membershi of he ban& %nder
Act. R%les and B,e1la's.
g# 3+fficers0 means the /resident) @ice /resident) *hairman) @ice *hairman)
Managing :irector) Manager) ;i.%idator and Administrator incl%des an, other
erson emo'ered %nder the r%les or the b,e la's to gi(e direction in regard
to the b%siness of the ban&.
h# 3Registrar0 means a erson aointed to erform the f%nction of the Registrar
of *ooerati(e Societies %nder the Act.
i# 3R%les0 means the /%n!ab *ooerati(e Societies R%le 15F3.
*. Purpoe
X;oan shall be ad(anced for the %rchase of second hand (ehicle s%ch as car)
!ee) s%mo) .%ails) etc. for ersonal=%blic %se.
:. 4ligibilit,
An indi(id%al) sole rorietor) rofessional and artnershi concern residing in
the area of oeration ha(ing ermanent acco%nt n%mber ro(ided b, the Income Ta<
a%thorit, in %rban areas and in case of r%ral area ha(ing at least 5 acres of
agric%lt%re land and sho%ld not be defa%lter. The alicant 'ill be enrolled as
nominal member of the ban& %nder the Act) R%les and B,e1la's.
(. Fuantum o" Loan=
The .%ant%m of loan shall deend %on the model and resent (al%e of the
(ehicle. /resent (al%e shall be the (al%e as ro(ided b, Sah 2 Sanghi in the c%rrent
rice Inde< and also a(ailable on $ebsite ht.'''a%tomartindia.com=Sah 2
Sanghi riceinde<.as or the (al%e aro(ed b, the registered s%r(e,or of an, ?I*
'ith the condition that the ins%rer has to get ins%rance co(er from the concerned
Ins%rance *oman, on 'hose list the name of the s%r(e,or aears) 'hich is lo'est
shall be the .%ant%m of loan. The ma<im%m loan amo%nt shall be Rs.5 lacs or D5H
of the assessed rice of the (ehicle 'hiche(er is less.
-. !nteret=
'2
At resent rate of second hand (ehicle loan is 13H and f%rther it shall be
determined b, financing ban& from time to time and debited to loan acco%nt. Interest
is charged as contract made 'ith the loanee. /enal interest V 2H o(er and abo(e
the normal rate shall be charged in case of defa%lt) on the defa%lt amo%nt for the
defa%lt eriod. 0.5H concession is allo'ed to 'omen
*. Period o" Loan?&epa@ment o" Loan
Ma<im%m eriod of loan shall be fi(e ,ears. Rea,ment of the loan shall) be
in monthl, e.%ated installment. In case of %rban borro'ers and half ,earl, e.%ated
in case of r%ral borro'ers d%e on 30
th
J%ne and 31
st
:ecember. Moratori%m eriod of
one month shall be allo'ed %nder the scheme.
H. Securit@
The sec%rit, for the loan is 1
st
H,othecation of the @ehicle in the name of the
ban& entered in R* of the (ehicle. T'o good s%reties residing in area of oeration of
the ban& and ha(ing a /AA *ard in case of %rban areas and t'o s%reties of the
stat%s of borro'er in case of r%ral area. The s%reties shall be enrolled as nominal
member of the ban& %nder the Act.
O&
A collateral sec%rit, to the e<tent of 100H of loan in the shae of assignment
of life ins%rance olic,) ledge of AS*s) M@/s) Term :eosits of o'n ban&) in case
the borro'er is not 'illing to gi(e s%reties.
!. ,iBural o" Loan
The loan 'ill be disb%rsed after the araisal of all legal doc%mentation
comleted and borro'er ha(ing deosited his share of margin in the SB acco%nt.
The disb%rsement 'ill be third art, a,ment b, 'a, of ban&er che.%e=:emand
:raft in the name of the seller Bo'ner of the (ehicle# deli(ered thro%gh and %nder
receit from borro'er.
'. -ee and Other Charge
A rocessing fee of 0.25H of the loan amo%nt sanctioned shall be charged.
0. ,ocumentation
'3
,ocument
1# Identit, roof
2# Residential roof
3# T'o self attested recent assort siCe hotograhs of the alicant and
s%reties each
6# /hotoco, of the /AA
5# *o, of Income Ta< Ret%rn for last three ,ears d%l, ac&no'ledged b, IT+
F# /hotoco, of the :ri(ing ;icense
D# A hotoco, of the R* of the @ehicle and case of r%ral eole co, of
7ard) Jamabandi.
b. ;oan alication form
c. ;oan agreement
d. :/ Aote
e. H,othecation deed=*ollateral Sec%rit,=Agreement Bond from
S%reties.
f. Agreement of Sale.
g. *ertificate of resent (al%e of car assessed b, S%r(e,or of coman, g%ide
or as determined on the basis of g%idelines of the /%n!ab ?o(t. on the
S%b!ect.
L. !nurance
*omrehensi(e ins%rance in the !oint names of the borro'er and the ban&
shall be made at the cost of the borro'er. In case of defa%lt ban& 'ill be at libert, to
get a olic, rene'ed b, debiting to loan acco%nt of the borro'er.
1. More Branches sho%ld be oened in the R%ral and >rban Areas to achie(e
the targets. Samana S%b di(ision is neglected in this Area as onl, Samana
and ?a!e'as Branches are f%ncting.
2. Since 15E0 no recr%itment made in this Ban&. Staff sho%ld be recr%ited for
smooth 'or&ing.
'!
3. Branches ma, be com%teriCed.
6. Rate of Interest ma, be re(ie'ed eriodicall, as Mai Bhago Scheme
Ad(ances at Rate of E.5H Ban& borro'ers f%nds from Ae< Ban& at the rate
of 10.5H.
5. 11 Single men Branches are f%nctioning so) there is a great oeration ris& in
the Ban&.
F. Indi(id%al ;oans o(erd%e are increasing in the ;oan /ortfolio A.7.S=*.*.T. =
*ons%mer ;oan.
D. ATM Ma, be installed) loc&er facilit, is ro(ided in all the Branches.
S.''#$"/!$
Computeri+ation of the banks can speed up the working of the bank and help in
reducing the burden of manual work&
,ax machines should be brought under operation to improve the communication
among its branches and with other banks& $se of internet can also improve their
communication and data exchange process&
-ecruitments of new employees can help in reduction of workload among the
employees&
.rainees should be allowed to study their past records or documents for proper study
or research work&
'"
B!BL!O*&%PH3
:eloof) M. B2003#. :oes $or&ing *aital Management Affect /rofitabilit, of
Belgian 7irmsP Jo%rnal of B%siness 7inance 2 Acco%nting) 30B326#) 5D315ED.
4l!ell,) A. 2006. ";i.%idit,1/rofitabilit, Tradeoff9 An emirical In(estigation in An
4merging Mar&et8) International Jo%rnal of *ommerce 2 Management) 16B2#) 6E 1
F1
;,ro%di) M.) 2 ;aCaridis) N. B2000#. The *ash *on(ersion *,cle and ;i.%idit,
Anal,sis of the 7ood Ind%str, in ?reece Y4lectronic @ersionZ. 47MA 2000 Athens)
from htt9==ssrn.com=aerT23F1D5
Shin) H. H.) 2 Soenen) ;. B155E#. 4fficienc, of 'or&ing caital management and
cororate rofitabilit,. 7inancial /ractice and 4d%cation) EB2#) 3D165.
Raheman) A. 2 Aasr) M. B200D# $or&ing caital management and rofitabilit,
case of /a&istani firms. International Re(ie' of B%siness Research /aers) 3 B1#)
2D51300.
/eel) M. ;. 2 $ilson) A.B155F#. $or&ing caital and financial management
ractises in small firm sector. International Small and B%siness Jo%rnal) 16B2#)
521FE.
Ban&ing :e(eloment In India 156D1200D 1 ?ro'th) Reforms and +%tloo&
G b, Aiti Bhasin
Ban&ing Theor, and /ractice
G b, M.*. She&har and ;e&shm, She&har
*o1oerati(e Ban&s in India G 7%nctioning and Reforms
G b, Amit Bhasa&
2(BS!)(S
en.'i&iedia.org='i&i=*ooerati(e ban&ing.
'''.ban&netindia.com=ban&ing=cintro.htm.
'''.i!sr.com
'#
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+UESTION 1&
o cooperatives play an important role in the socio/economic development of the countries
where you are located0
1 2 345 1 2 67

+UESTION 2.
5pecify the economic sectors where your cooperatives are most active&
-ank by importance8 19highest importance&
1 2 Agriculture 1 2 :ousing
1 2 ,isheries 1 2 ;nsurance
1 2 ,inance<Banking 1 2 .ourism
1 2 Consumer<retail 1 2 =orkers
1 2 :ealth 1 2 7thers8 please specify >>>>>>>>>>>>
''
1 2 Manufacturing 1 2 7thers8 please specify >>>>>>>>>>>>

+UESTION 3.
?rioriti+e the following topics that you believe are relevant to the promotion of cooperatives
@Circle your priority 1 9 :igh8 2 9 Medium and 3 9 Aow priorityB
Circle your choice of priority @19:ighestB Circle
aB Cooperatives promote socio economic development 9C 1 2 3
bB Cooperatives help ensure food security 9C 1 2 3
cB Cooperatives help in poverty reduction 9C 1 2 3
dB Cooperatives help generate employment 9C 1 2 3
eB Cooperatives improve gender eDuality 9C 1 2 3
fB Cooperatives provide accessible financial services 9C 1 2 3
gB Cooperatives provide livelihoods for the poor 9C 1 2 3
hB Cooperatives promote rural enterprises 9C 1 2 3
iB Cooperatives provide accessible health services 9C 1 2 3
EB othersF>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 9C 1 2 3
kB othersF>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 9C 1 2 3
'(
+UESTION <.
=hat issues or challenges do cooperatives face0

@-ank8 1 9 highest importance8 etcB
aB Aegislative reforms on cooperatives 9C 1 2 3
bB governance issuesF accountability to members 9C 1 2 3
cB regulation of cooperatives 9C 1 2 3
dB need for training and human resource development 9C 1 2 3
eB access to credit 9C 1 2 3
fB public awareness % membership growth 9C 1 2 3
gB 7thers 1F >>>>>>>>>>>>>>>>>> 9C 1 2 3
hB 7thers 2F >>>>>>>>>>>>>>>>>> 9C 1 2 3
+UESTION 5.
=hat other specific challenges do cooperatives face0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
')
G"&A& =hat are the specific contributions of cooperatives to your countryHs socio/economic
development0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION -.
;s there a need for a global effort to promote cooperatives and raise awareness on the role of
cooperatives in socio/economic development0
1 2 345 1 2 67
:ow could cooperative organi+ations further promote cooperatives as an economic
development strategy
at the national levelF >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
at the international levelF >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION ).
=ill your organi+ation support a proclamation of an I!"#3!&"/!&: Y#&3 1 C%#3&"/8#$ /!
2011 to promote cooperatives and raise awareness on their role in socio/economic
development0
(*
1 2 345 1 2 67
+UESTION (.
=hat forms of support doe your Iovernment provide to cooperatives8 e&g& training and
capacity building8 etc0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION *.
Are laws in your country conducive to the formation and growth of cooperatives0
1 2 345 1;f J345K8 please go to Guestion 1*2
1 2 67
+ *. A. ;f J67K8 how could laws be improved to promote cooperatives0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION 10 &
=hat challenges do your financial cooperatives @credit8 savings8 insuranceB face in your
country0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
(1
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION 11.
;s there a need to promote financial cooperatives in your country0
1 2 345 1 2 67 1;f J67K8 go to Guestion 122
G11&A ;f J345K8 how do you intend to promote financial cooperatives in your country0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION 12.
Are financial cooperative banks<credit unions subEect to specific regulations different from
commercial banks0
1 2 345 1 2 67
Are insurance cooperatives subEect to specific regulations different form insurance
companies0
1 2 345 1 2 67
+UESTION 13.
o Cooperatives help in ensuring food security in your country0
(2
1 2 345 1 2 67 1;f J67K8 please go to Guestion 1!2
G13&A ;f J345K8 how0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION 1<.
=hat are some of the challenges cooperatives face related to the production and distribution
of food& o Iovernments support cooperative development to address the current food
security crisis0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
+UESTION 15.
o cooperatives contribute in providing social protection to members0
1 2 345 1 2 67
+UESTION 1-.
o you have cooperatives that specifically encourage the participation of the following social
groups0
1& women 1 2 345 1 2 67
2& youth 1 2 345 1 2 67
(3
3& persons with disabilities 1 2 345 1 2 67
!& older persons 1 2 345 1 2 67
"& indigenous peoples 1 2 345 1 2 67
+UESTION 1- &
oes your 7rganisation collect data on cooperatives0
1 2 345 1 2 67
;s data collected in all sectors0 :ow is data used0
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
G1#&B ?lease provide the following data8 7; $#="38 if availableF
A& number of registered cooperatives >>>>>>>>>>>>>>>
B& number of registered members >>>>>>>>>>>>>>>
C& total asset si+e $5L >>>>>>>>>>>
Contact information for source of dataF >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
T>/$ =0%:#"#$ "># ?.#$"/!!&/3#. T>&!@ ;..
(!