Cooperative store

 

Stationary materials and some consumer items are supplied by the college cooperative society. All the staff and students are members of the society. The profit is shared with the members and so materials are sold at rates lower than the market rates. The society also provides banking facility to the staff. Deposits are accepted from members and interest higher than the current bank rates are given to the depositors. This money is provided as loan to needy members of the staff. The society has a scheme of easy loan whereby needy staff members are given quick loan without the normal security measures that are demanded by the banks.