- To do Banking business by accepting deposits from public both members and non-members.
- To lend advances to members either upon security or otherwise.
- To draw, make accept, buy, sell, collect and deal in bills, drafts, investment scripts and other Government securities whether transferable or negotiable.
- To provide safe deposit vaults.
- To open Branches or extension counters within the area of operation.
- To manage, to sell and to realize any property which may come into the possession of the Bank in satisfaction.
- To provide financial assistance to self-employed persons for setting up their own business.
- To do any form of business as specified in section 6 of the Banking Regulation Act, 1949 (as applicable to Co-operative Societies).
- To undertake any form of business which the State Government may specify in which it is lawful for Banking business.