Bank guarantees are written obligations of the issuing bank to pay a sum on to a beneficiary on behalf of its members in the event that the members themselves do not pay the beneficiary
As, the cooperative sector has been playing distinct and significant role in the process of socio-economic development of the country, NCBL is committed to maintain the highest standards of excellence in financial services based on sustainable growth and development providing timely, quick and best banking services to its members from all segments with the help of modern technology and dedicated human resource
It offers great products like different kinds of savings, microfinance, deprived sector loan, technical assistance, training, Bank Guarantee, Remittance and Utility payments
A cooperative organization can issue COOP Card in its own name to attract new generation of members by promoting use of latest payment technology and maintain trust by reducing risk of cash transactions