Cooperative Bank

byPaytm Editorial TeamLast Updated: September 10, 2025

Meaning

A Cooperative Bank is a financial institution owned and managed by its members to provide banking services to the local community.

Features

  • Focuses on small businesses, farmers, and local residents.
  • Offers loans, savings accounts, and other financial services.
  • Operates on principles of cooperation and mutual benefit.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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