A multi-state Cooperative Society is basically a society that is registered under the "Multi-State Co-operative Societies Act, 2002".
A Multi State Co-operative Credit Society belongs to it's members, who are at the same time the owners and the customers of their Society. Society generally provide their members with a wide range of banking and financial services (loans, F.D., R.D., Savings etc.)
Vision: To promote and secure interests and objects of the society and serve the interests of members in more than one state for both social and economic betterment of its members.
If you wants to help the peoples whom banks don't gives loans , they are taking loans from the financiers at high interest rates than society is the best option to help them.
If you have perfect wealth management there is a great scope for you to start the society. If you wants to start so many branches in different district and states than without taking local level permissions you can establish any no. of branches in different area by starting multi state society.
Multi State co-op Credit Society is Also Know as
Multi State Society, Multi State Welfare co-op. and consumer society, Multi State Employees Co-op Society
Multi State Credit Society, Multi State Consumer Co-op Society Ltd, Multi State Thrift and Credit Co-op Society