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Primary Agriculture Co-opearative Society

The Primary Agriculture Credit Society (PACS) is the user-friendly, simplest and smallest entity that works directly with agricultural borrowers, provides loans, and collects loan repayments. It reduces the amount of work that workers have to do and boosts their productivity. As a result, staff will be able to work on a wider variety of projects. The programme aids in the implementation of any government-sponsored project through PACS.

In the year 1904, the first Primary Agricultural Credit Society (PACS) was established. Since then, these cooperatives have played an important role in supplying farmers with short- and medium-term finance. This was the only institutional credit agency available to rural residents until the early 1970s.

Features

  • The application allows the government to monitor these plans.
  • Encourages members to save money.
  • This PACS software operates in both online and offline modes, ensuring that each PACS has the same system.
  • Primary Agricultural Credit Societies provide all of their members equal rights regardless of how many shares they own or their social status.