The Grama Consumer Cooperative Society is providing the following technological facilities to its customers:
- RTGS/NEFT
- SMS Alerts
- Net Banking
- Mobile Banking and IMPS
- Electricity Bill Payment
- Bharat Bill Payment System (BBPS) – Utility bills payment (Registered Pay and Insta Pay)
- Rupay Debit Card
- Micro ATM – Card transactions and AEPS
- QR Code
- UPI
- BEPG
Per Day Transaction Limit
Sl. No. | Channel | Per day limit |
1. | RTGS | Inward – No limit, |
2. | NEFT | Inward – No limit, |
3. | Net banking | Rs. 10 lakh |
4. | Mobile banking | Rs.15,000 |
5. | IMPS (through mobile banking) | Rs.5,00,000 |
6. | ATM cash withdrawal | Rs.40,000 (Rs.10,000 x 4 transactions) |
7. | PoS machine & E-commerce transactions | Combined limit : Rs.1,00,000 |
8. | UPI | Rs. 50,000/- per day; Rs. 25,000/- per transaction |
Vision
Formed to provide consumer goods at reasonable prices, eliminating middlemen by purchasing directly from producers. Supports small producers by providing necessary production items such as raw materials and equipment. Assists small producers in marketing their products by collectively selling on their behalf.
Mission
Small farmers form these societies to gain benefits of large-scale farming. Provides financial assistance to members by accepting deposits and granting loans at reasonable interest rates
Our
Services
Grama Consumer Cooperative Society also provide loans to members at low rates of interest, protecting the members from massive debts to traditional moneylending agencies. We serve a basic but highly personalized banking role in a sense. We have deposit schemes in forms of saving accounts, FD, RD, pension schemes, etc. The money procured is then given on loans to members as personal loans, agricultural loans, housing or vehicle loan, etc. Grama Consumer Cooperative Society are regularly aided by state and national government subsidies and funding.