Due to the importance of banking and its solutions in the financial system and influence on national economies, banks are highly regulated in most of the countries. A cooperative or co-operative (“co-op”) is an autonomous association of persons who voluntarily cooperate for their mutual, social, economic, and cultural benefits. Cooperatives include non-profit community organizations and businesses that are owned and managed by the people who use its services (a consumer cooperative) or by the people who work there (a worker cooperative) or by the people who live there (a housing cooperative), hybrids such as worker cooperatives that are also consumer cooperatives or credit unions, multi-stakeholder cooperatives such as those that bring together civil society and local actors to deliver community needs, and second and third tier cooperatives whose members are other cooperatives.

Shinewell Innovation has been working in software development since past many years. In that period we have designed lot of websites & software’s, and, “Sahakaar” is one of them. Before development, our experts understood the concept and had deep research over its advantages and disadvantages also. After in depth knowledge on that they started the work to develop the “Sahakaar” software. Our team thought that lot of limitations in window base like core banking; real time updation being available, so they decided to develop that application on Web.

Multipurpose credit cooperative societies link their credit with marketing and the need of such societies is core banking process. Online multi state credit cooperative software enables customer to operate their accounts and avail society’s services from any branches of societies on network. Following the same, we came up with Sahakaar to enable core banking solutions providing customer convenience through anywhere and anytime banking.

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