The objects of the society are to promote the economic and social interests of members in accordance with the cooperative principles and more particularly to:

a) promote thrift among its members by affording them an opportunity for accumulating their savings and deposits and to create thereby a source of funds from which loans can be made available for them for purposes of providence or production or both at fair and reasonable rates of interest.

b) Provide an opportunity for each of its members to improve their respective economic and social conditions.

c) Offer the members complementary savings and credit services and other financial products such as front office services or withdrawable savings/deposit accounts as may be required by members from time to time.

d) Ensure safety and soundness of the members funds through Risk Management Programme or any other appropriate insurance scheme.

e) Ensure progress of its members by educating them continuously on proper use of credit.

f) Perform all those functions and exercise those powers designated for Savings and Credit Cooperatives Societies under the applicable law for the benefit of members.

g) Cooperative with other Cooperative in order to promote members’ interest and in furtherance of this object, the Society may affiliate to National Cooperative organizations and other approved relevant organizations and institutions.

h) Perform within the relevant law (The Act, and the Rules) and these By-laws, all those acts, deeds and things necessary to further enhance, promote or encourage any or all foregoing purposes and objects provided that such acts, deeds and things are approved by the Annual General Meeting.