About Us
About Us
Our Story
The Spices Trading Co-Operative Society Ltd was registered on March 13, 2015, with registration number OTS-1;280/HOT:46497:2014-15 under the Karnataka State Co-operative Societies Act 1959, Government of Karnataka. Founded by technocrats and professionals with over four decades of experience in Banking, Financial Services, Forex, Trading, and Agriculture Development, STCSL has grown from nearly 1000 members at inception to 724 active shareholders as of March 31, 2025.
Our Vision
To revolutionize the co-operative sector in trading and financial services with special emphasis on agriculture sector development across Karnataka.
Our Mission
- Extend comprehensive banking and financial services to members
- Support trading activities in spices, dry fruits, and essential commodities
- Provide accessible services to government institutions, temples, communities
- Develop cottage and small-scale industries
- Empower women entrepreneurs through financial assistance
- Maintain good governance and ethical business practices
Key Milestones
Our Journey So Far
Founded as a cooperative society, STCSL has evolved into a trusted provider of banking, e-stamping, and trading services, driven by strong governance and sustainable growth.
2015
Society founded and registered
2015-2023
Trading in agri. Commodities,services to govt/PSUs/Corporates
2023
Commenced banking operations
2024
E-stamp turnover exceeded Rs. 1 crore per month
2025
Opened Rajajinagar branch for e-stamp services
2025
Deposits reached Rs. 7 crores with 92.33% growth
Why Choose STCSL?
- Government Approved E-stamp Dealer
- Competitive Interest Rates (Up to 12% on deposits)
- Fully Computerized Operations
- Strong Financial Position
- Member-Centric Approach
- It’s a multi-purpose co.operative society