Value Added Services

St.Milagres Credit Souhardha Co-Op Society Ltd., Karwar


The key intention of this service is to provide all the services under one roof, service like Money Transfer and E-stamping is meant to be potential customers and can bring huge profit to our co-operative. Value Added Service is such service where It can stimulate additional demand for our core products and services and one can build good rapport among customers.

Value Added Services

E-stamping : A simplex way to pay stamp duty:


E-stamping is a computer based stamp duty collection application. It offers a secure electronic method to stamp documents and prevents leakage of government revenue. The e-stamping system enables the storage of information in a protected electronic form and creates a central data bank for easy verification. With the e-stamping system, the Karnataka State Government and the public can generate online Management Information System (MIS) reports.

The Karnataka State Government introduced the e-stamping system in the state in 2008. The system was launched to tackle and prevent fraudulent practices in stamp paper-based registrations and transactions. The e-stamping system was launched in association with Stock Holding Corporation of India Ltd (SHCIL).

One of the reasons of the state government for launching the e-stamping system in Karnataka was to simplify the process of payment of stamp duty and make it glitch free.

The SHCIL is the central record keeping agency for all e-stamps used in the country. The responsibilities of SHCIL include everything related to the e-stamping project, right from user registration to administration, managing e-stamping application operations and record maintenance. The agency also designates authorized collection centers or ACCs- scheduled banks that can issue certificates to users.

Uses of e-stamps

We being the authorized ACC our customer can avail this service at our 64 selective Branch. e-stamps can be used in regard to all instruments on which stamp duty is payable. Such instruments include all transfer documents such as sale agreement, mortgage deed, conveyance deed, exchange deed, gift deed, power of attorney, agreement of tenancy, deed of partition, lease deeds, leave and license agreement, etc.

Note: if the certificate is misplaced, a duplicate copy cannot be issued. Moreover, if someone wishes to cancel their e-stamp request and want a refund, it has to be done only at SHCIL offices. ACC that issued the certificate cannot offer a refund to the user.

Money Transfer Service:


Don't wait for Your Money: Easy and secured pay out that's our sole motto behind this service. Money Money Transfer Service Scheme (MTSS) is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India. Only inward personal remittances into India such as remittances towards family maintenance and remittances favoring foreign tourists visiting India are permissible. No outward remittance from India is permissible under MTSS.

Pan Card

PAN Card:

PAN card is an electronic system in which all the tax related information of a person or company is recorded against a single PAN number. For major financial transaction PAN card is mandatory like for opening a bank account, sale or purchase of assets etc. That is why the Pan Card service counter to add value to our customer at a standard relaxed price including students.

Health Cards

Health Cards:

Just for the Health of It: ensures quality medical treatment at the time of need. Health is Wealth this is the reason for our collaboration with two major well known hospitals that provide world class super specialty & Medical service. We namely Kasturba Hospital [Udupi, Manipal] and Father Muller Medical Hospital [Mangalore]. We offer Father Muller Health Card and Manipal Arogya Card medical services can be availed at discounted rate with the help of this Card. A three digit from your income can save you and your family and help a long way to remain healthy.

KMC - Manipal Arogya Card

KMC - Manipal Arogya Card:

We are serving happily from last five successful years and, we are pleased to offer a very useful Health Card to all our customers “Small Card Big Benefit”. Manipal Arogya Card Scheme can be renewed every year or once after the valid time. This scheme can be availed at our all Branches and the enrolled customer can allowed to take benefits in all the six tied up Hospitals.

Note: Enrollment process will be active as per the scheme period decided by the KMC authority.

Father Muller Health Card

Father Muller Health Card:

In collaboration with Father Muller Medical Hospital, Kankanadi, Manglore. We are offering annual Health Card scheme for all the needy customers Customer can reach out to the nearest Branches for the enrollment. This card comes with minimum of 100 per family and add on will be 50/- per member.

KMC Registration

KMC Registration:

Book your appointment in a minute: The valued members and customer of our Co-operative can get a hassle free appointment with any specialty Doctor by getting their names registered prior to their visit to the hospital this is mainly to reduce the time taken to for registering on the date of appointment. If registered earlier, the customer can straight away walk in to the Doctor for the checkup.

RTGS / NEFT(via Other Bank)


Quick and Easy Transfer: As a financial institution, we have been offering this service to our all customers since the beginning of this institution. Even the Government explores ways to nudge people towards cashless transactions. Any Customers or Members of our Co-operative can avail this service for their Business or in any urge of ones requirement. With a lowest charge.

Gold Coin

Gold Coin:

(Akshaya Tritiya): Bring Luck to your Life: Buying Gold as an Investment on the occasion of auspicious day. Milagres Co-operative is in collaboration with Joy Allukas to provide gold coin purchase facility to our esteemed customers. Round shaped customized gold coins in denomination of 1Gms, 2Gms, 3Gms , 4Gms, 5Gms bearing Joy Allukas coin denomination on one side and pictures of goddess Lakshmi on another side. The sale price depends on the market rate will be informed on day to day basis by Precious Metal Cell, ID Mumbai. Gold coin can be purchased from our designated Branches.