Social Impact Multi-State Cooperative Society Ltd. (SIMCO) is a premier multi-state cooperative institution established under the Multi-State Co-operative Societies Act. Registered and functioning under the strict regulatory oversight of the Central Registrar of Cooperative Societies, Ministry of Cooperation, Government of India, SIMCO is driven by the core values of mutual self-help, transparency, and financial integrity.
Headquartered in Chennai, Tamil Nadu, SIMCO operates with an expanding operational footprint designed to bridge financial gaps for individuals, self-employed professionals, micro-entrepreneurs, and lower-to-middle-income families. By integrating ethical cooperative banking practices with modern digital technology, we provide secure deposit avenues, flexible loan structures, and member-first welfare initiatives.
To emerge as a benchmark multi-state cooperative institution renowned for unmatched deposit security, ethical operations, technological excellence, and sustainable socio-economic development across South India.
To cultivate the habit of thrift and savings among members, offer risk-free financial products, leverage state-of-the-art digital infrastructure for seamless services, and extend tailored credit facilities for community upliftment.
