NEW LIFE MULTIPURPOSE CO-OPERATIVE SOCIETY LTD. is a non banking financial company doing the business of lending and borrowing with its members or shareholders. NEW LIFE MULTIPURPOSE CO-OPERATIVE SOCIETY LTD. is having registered office at Vill-Choutara, P.O.-Bhitorduar, P.S.-Chhaygaon, Dist.-Kamrup, Assam-781136. has been registered in the office of the undersigned with limited liability numbered as no G-74/2023-2024.
The objective of the society is to encourage and afford all facilities for cultivating thrift, saving habits and to render all financial assistance to its member only by receiving long and short term deposits and lend, grant loans to them as are allowed by law for the act. Fixed deposits(FD), Recurring Deposits(RD), Monthly Installment Scheme(MIS), Weekly Deposits Installment Scheme(WIS), Daily Deposits Installment Scheme(DIS. under various scheme formulated from time to time by company and to provide interest or benefit on the deposits, as is fit for and beneficial to the company and to the members as per the rules & regulations or guidelines of Reserve Bank of India (RBI).
This co-operative society carrying on the business of a non-banking financial institution under Assam co-operative society act.2007 (Act-IV of 2012).
You can trust your dreams turning in to reality and living them by investing wisely. In order to help your dream we are continuously trying to grow ourselves and make presence felt even beyond geographical boundaries.
We serve to develop a sustainable and responsible platform for members and to encourage and assist all activities for cultivating the habit of savings and thrift. we will also create the spirit of co-operation and provision of technical and financial support by sustaining a professional envuronment that encourages the unemployed youths initiatives, boosts the confidence of our shareholders and exceeds expectation of our customers. And above all, leverage innovations in the field of self-employment to improve the quality of everyday rural lifestyle. promoting the art of saving and utilization of funds by the contribution from our forming members.
To be a new generation NEW LIFE MULTIPURPOSE CO-OPERATIVE SOCIETY LTD. is committed to ensure maximum value to its members thereby improving the standard of life of the society. Our principal function is to render financial services to its member and to reach the every nook and corner of the state of assam through branch expansion where financial facilities have not reached yet. The mission is based on our social and environmental responsibility.
We keep our market position as a leading financial service provider for households and micro, small and medium borrower customers and We ensure a sustainable impact and financial return to the investors.