The Eastern & N.F. Rly. Jr. Co-Op. Credit Society Ltd. started in the year 1933 with a working capital of Rs.20,000/-(twenty thousand) only .The Eastern & N.F. Rly. Jr. Co-Operative Credit Society Ltd. with Head Qrtr. At Sealdah, operates in four outstation branches along with Sealdah. Two branches in Katihar and Alipurduar Jn. are existing in N.F. Rly. and Kanchrapara branch & Sealdah Hd. Qrtr. Are existing in Eastern Railway
This society provides loan to the Railway employees who are the shareholders of the society and recovery of the loan along with interest made through the salary bill of the Rly. Employees
The society provides loan to the shareholders at 13% interest on monthly reducing basis