[Sr. No.] 1) Providing credit facility to members [Amount deductible] Entire profit from such business [Applicability & Conditions] 
W.e.f A.Y. 2007-08 deduction not available to co-operative bank. Primary Co-operative agricultural & rural development bank & chit funds can claim exemption. Providing credit facility means providing loans & other credit facilities. Does not include selling goods on credit/hire purchase.