Sauharda Credit Co-operative Ltd. to be inaugurated on Nov 9

Mangalore, November 8: The 'Souharda Credit Co-Operative Limited' will be inaugurated on November 9, said Shantharam Shetty, Account Investigator.

Addressing the media persons here on Tuesday Shetty said, the Co-Operative Ltd has already invested Rs 5 lakh with 300 shareholders and aimed to consolidate huge share investments in coming days.

He said that Society will provide long term deposit in short period of time with attractive interest'.

It provides loan on gold pledge, business loan, home loan, vehicle loan, personal loan, and deposit loan to serve the public in their difficulties and this co-operative society will open the branches soon, he added.

The inaugural ceremony will start at 5:00 pm in Mayur building near Mangaladevi Bolar here in Mangalore.

Manish Raj, promoter, Naveenchandra Shetty, promoter, Guru Praveen chief promoter and Manoj, promoter, were present in the press meet.