Taqwa Credit Co-operative Society Limited

About Taqwa Credit Co-operative Society Limited

Taqwa Credit Co-operative Society Ltd. (Taqwa), which is known as 'Taqwa Banking' has now made itself capable of providing interest-free banking facilities. It announced the launching of its first registered head office and branch in Bhatkal on 4 October 2015, which represents the first (a full-fledged equipped with the latest banking technologies) interest-free banking model in India. After a successful operation in Bhatkal, Taqwa obtained a license for the state of Karnataka and established their first 'corporate office' and 'second branch' in Jayanagar, Bangalore on 24th March 2018, which is now shifted to Palace Mall, Shivajinagar. Taqwa has now obtained NOC from the Registrar of Cooperative Society, Karnataka to launch its branches in six states namely; Tamil Nadu, Andhra Pradesh, Telangana, Kerala, Goa, and Maharashtra. Now procedural formalities are under process to receive permission from the Central Government in New Delhi.