ABOUT SNPMCSL

NAME OF THE SOCIETY: SANCHAR NIGAM PENSIONERS' MULTIPURPOSE CO-OPERATIVE SOCIETY LTD.

2. HEADQUARTERS: The Office of the Society will be at the Institution of Engineers(I) Building--2nd Floor, Panbazar, Guwahati-781001

3. AREA OF OPERATION: The area of operation shall be within the Kamrup in the state ofAssam.

4. OBJECTIVES OF THE SOCIETY:
(A) Primary Objectives:
i. Promote thrift culture and propensity to savings among members.
ii.⁠⁠Provide affordable credit facilities to members.
iii.⁠⁠Encourage self-help and mutual aid among members.
iv.⁠⁠Foster economic empowerment and financial inclusion.
v.⁠⁠Offer a safe and secure platform for savings and borrowing

Secondary Objectives:
i.⁠⁠Improve fiscal literacy and education among members.
ii.⁠⁠Enhance financial stability and economic security for members
iii.⁠⁠Develop a sense of communion and cooperation among members.
iv.⁠⁠Provide emergency loan facilities to meet unforeseen expenses.
v.⁠⁠Offer competitive interest rates on deposits and loans
vi.⁠⁠Ensure transparency, accountability, and good governance.
vii.⁠⁠Support social and economic development in the community.

Long-term Objectives:
i.⁠⁠Enhance financial independence for members.
ii.⁠⁠Alleviate poverty and debt among members.
iii.⁠⁠Promote entrepreneurship and economic growth.
iv.⁠⁠Strengthen community bonds and social cohesion.
v.⁠⁠Contribute to national economic development