FAQ's'

Frequently Asked Questions

  •         Rubber Stamp: - Proprietor / Private limited / Limited liability Partnership (LLP) / Partnership firm.
  •         Personal and business Aadhar Card
  •         Personal & Business Pan card 
  •         Three Photos
  •         business Letterhead
  •         Form G 
  •         MOA & AOA 

·         Certificate of Registration.

Yes, however, If the account is closed within 4 months, 4% penalty plus Rs 20 service charges + 18% GST will be charged.

If the account is closed within 4 to 6 months, the deposit amount will be only given. Interest will not be paid.

If the account is closed within 6 to 12 months 2 % per year interest will be given by way of product.

If the account is closed on maturity. Interest will be earned.

No, the borrower and the guarantor should not belong to the same family.

However the spouse can be the co-borrower.

No, our institution doesn’t make any accounts dormant, however we prefer taking continuous follow up to keep it active.

No, you cannot pass on your shares to anyone, however you can only withdraw it after 5 years from the date of owning.

The members of the institution are the only owners.

Hindusthan Co-op credit society ltd has been stated grade A for the government audit.

No, the Institution doesn’t charge any sort of hidden charges to any of the members.

Also, no commission is given to any third party. All the fees are disclosed.

Hindusthan co-op credit society provides 0.25% extra for senior citizens and ladies.

Yes, the mobile banking app and QR code facility is available on our website. Please visit.

 

Our 100% focus is on women empowering through a concept called JLG.

Please visit our website to know more about the same.