Rural and urban co-operative banks use COBANKS to modernize pigmy (daily) deposit collection without replacing their core banking or society management software.
Built for co-operative society workflows
Co-operative institutions often run pigmy schemes with field agents visiting members every day. COBANKS understands this model: agents authenticate on registered devices, collect against assigned accounts, and receipts reach members by SMS immediately.
Back-office staff continue using familiar file exchange. Upload PCTX before the route; download PCRX after collection and import into your existing Windows application in minutes.
Benefits for your members and board
- Stronger brand image through visible digital adoption
- Reduced hardware and consumable costs vs. pigmy machines
- Secure data if a phone is lost—credentials and device binding protect accounts
- Live collection totals for managers during the day
Implementation support
CHIRANTH TECHNOLOGIES PRIVATE LIMITED (COBANKS) provides onboarding, instance setup, and training videos. Over 54 societies and finances already operate on the platform with 156+ field executives.
Learn more: pigmy collection software overview · replace pigmy machines · frequently asked questions