AL HABIB ISLAMIA MULTISTATE CO-OPERATIVE SOC LTD

Identifications of customers and due diligence as per "Know Your Customer" norms of Reserve Bank of India
AL HABIB ISLAMIA Cooperative to create awareness about various products and originate the leads
Collection of deposits
Savings and other products awareness and education
Receipt and delivery of small value remittance/other payment instruments
Sale of micro insurance/mutual fund/pension/other third party products
Educate the Members about all the terms and conditions (including changes, if any) of the Co-Operative Soceity financial services such as interest rates and all other charges as well as the  Co-Operative Soceity policies and procedures in a manner and language that is understood by them. Creating awareness about interest rates, terms and conditions of each product, RBI customer protection guidelines issued from time to time etc
Promoting, nurturing and monitoring of JLGs
Disbursal of small value credit
Educating the prospective customer on the products of Principal and helping him / her to select  Co-Operative Soceity product/s as per his/her needs. Helping the Member in filling loan application forms and complying with other procedural requirements of the  Co-Operative Soceity for obtaining the loan
Collection and preliminary processing of loan application
Processing and submission of application to Co-Operative Soceity
Post sanction monitoring
Follow up for recovery
Recovery of principal/collection of interest