The transfer of immovable property to secure the money advanced which give rise to the financial liability is called mortgage of immovable property.

The society was opened on 31/12/1995 and immediately after 2 and half year's of its incorporation of business, built its own prestigious head office premise at Pima. In contrasting with the other similar institution registered in the same period, our Pirna Urban Co-op.credit society has grown multifold in tumover, profit, and branch wise in these few yea though its area of operation was confined only to Bardez Taluka. After a few years we were approved by the registrar to expand our network in North Goa District. And a day has come we are authorized to do Banking process all over Goa.