About Us
Since inception in 2014, Family Multipurpose Co-operative Society Limited has been at the forefront of co-operative society banking in the city of Bangalore. From beginning business with just one office on New BEL Road, the company is rapidly extending its footprint across the city, driven by the demand and service requirement of the members, with branches in Malleshwaram, Yelahanka, Rajajinagar and Tumkur Road near 8th Mile today.
Growing with the moto Investing for Life, Family Multipurpose Co-operative Society Limited is ably led by its President Bhargavi M. who was motivated by her well-wishers to enter into the system of financial management for small saving members and help micro finance industry to support the growth of small business owners.
Family Multipurpose Co-operative Society Limited has effectively catered to the financial needs of the masses. The brand has been built on the faith of its Members and treats this relationship with utmost importance. The knowledgeable team offers guidance and support to investors, by educating them on the nuances of saving. They also share ideas on how they can invest and borrow money according to the resources available to them and the affordability of members. The company cherishes its long-term relationships with several traders, retailers and individuals, who have trusted in our service and been member of our society.
This award-winning financial company is built on the values of integrity and service and is committed to functioning completely according to the set rules and regulations in the banking industry. Society is completely computerized and started working towards core banking feature shortly and will be added facility to the members to transaction across the city from different location at their convenience.
Backed by the loyalty of patrons, Family Multipurpose Co-operative Society Limited has emerged a successful platform for the common public to save their money by both investing and borrowing. Those who choose to deposit their money in Fixed Deposit, Recurring Deposit or Pigmy Deposits with the society, can be assured that their money is in safe trusted hands.
The efficient management strategies ensure the timely payment of interest. The bank also offers loans, depending on the credentials provided. These loans are especially favored by the labor class and the small-scale business community for their various requirements.
Family Multipurpose Co-operative Society Limited has earned the trust of over several thousands of members within just few years of inception. The bank’s transactions year by year has crossed more than 150 crores. Going forward the financial institution aims to continue building on the faith and trust of their clientele with their customized solutions.