What is RAANA CREDIT & SAVING CO-OPERATIVE SOCIETY LTD.?
Raana Credit Co-operative Society Limited Lakhnadon is, in every sense, a truly credit co-operative society. RAANA started its operations in the year 2016 as a co-operative society primarily catering to the local municipal in LAKHNADON, who came majorly from commercial and micro-Finance background. With a mission to uplift the weaker sections of the society from the rural/urban areas of the city, RAANA have become the only credit & saving co-operative society in LAKHNADON area which has launched its own mobile application,website,and accounting for over 90% of our business transactions.
Is this cooperative society trustable or not? Our money will be safe or not.
That depends on your faith and you can ask to the MP cooperative department for further query.
Where will be our money invested by this cooperative society? Is there a fixed chance for return?
Yes, First your money will be invested in secured loans and in different projects like education, dairy project and farming.
How this cooperative Society different from Non-Banking?
Non banking doesn’t offer different loans and not authorized for opening of SB A/C .