Frequently Asked Questions

General

The Business Development Co-operative Society Limited was initiated in 2002 in the historical city of Mulleriyawa to serve through cooperative principles and to promote those who possess entrepreneurship characteristics & believe effort is an asset. (Registered under the Cooperative Societies Act No. 05 of 1972 and Cooperative Societies Convention No. 03 of Western Provincial Council of 1998. Registration number - WP/COOP/HO/05, Date of Registration - 2002-03-01.)

A range of favourable savings and fixed deposits have been introduced for both members and other citizens.
Also, a range of loan facilities have been introduced for developing existing businesses and for other purposes including education and pilgrimage.

  • Member and non-member deposits
  • Children's Savings
  • Fixed deposits
  • Loans to suit the needs of the members
  • Dialog eZ Cash, mCash
  • Telephone, water, electricity bill payments
  • Jewelery pawning service
  • Filling Station
  • Pharmacy
  • Navaloka Laboratory Service
  • Ceylinko Insurance, Coop Insurance, Third-party and Full Vehicle Insurance
  • Personal, Business, Travel, Property Insurance

From 8:00 AM to 3:00 PM

Membership

All the qualifications required to become a member can be found here .

The procedure for getting membership available here .

All the benefits for you and your family members are available here.

Deposits and Accounts

This facility will be introduced in the near future.

Loans

All types of loans can be viewed here .

General terms and conditions applicable to all loan schemes can be found here, and contact your nearest branch for further details.

General terms and conditions applicable to all loan schemes can be found here, and contact your nearest branch for further details.

You will be able to get a priority in applying for a loan in the future by paying installments daily.

Loans are given for the development of a business that has already been started.

Available. Must submit information that can be accepted as being engaged in a business or industry within the jurisdiction.

Maximum loan amount on personal guarantee is Rs. 500,000/- .

Maximum age limit for availing a loan is 60 years.

Loans against property collateral have been temporarily suspended.

Miscellaneous Services

General and registered mail services and stamp sales.

  • Efficient service through WhatsApp.
  • Convenience of card payments.
  • Special discounts on the purchase of medicines.
  • Discount of 2.5% for bills above Rs. 2,000/-, and a discount of 5% for bills above Rs. 5,000/- for registered customers.
  • Channeling specialist doctors through Doc990.
  • Navaloka Laboratory Service.
  • Blood sugar testing at affordable rates.
  • Free blood pressure, height and weight (BMI) screening.

Payment can be made by card.

Payment can be made by card.

    

Coop Bank - Business Development Cooperative Society