The Mahayogi Vemana Credit Co-Operative Ltd which strives for the financial strengthening among the members. A product by the young cooperative intellectuals from different fields such as social workers, businessmen and agriculturists. Mahayogi Vemana Credit Co-Operative Ltd was started its functioning on 14th September 2010. The cooperative was registered under Karnataka State Souharda Sahakari A
ct 1997. The Mahayogi Vemana Credit Co-Operative Ltd organised by the inspiration and guidance of Sri .M.Muni Reddy along with 1827 share holders with an amount of Rs.41,15,000 lakhs, We collect the share capital of Rs. 41,15,000 lakhs from 1827 members with in the span of just 1 year. Money was not a matter and so also the members who wanted to be in our mission has Joined their hands with us. The Government of Karnataka has issued a certificate of registration on 14.09.2010. Now we has grown to 2941 share holders of capital amount of Rs 1,27,72,000 in a short span of 3 years, with a turnover of 16.26 crores. Respect to the Souharda Co-Operative Principles has made the co-operative to focus on continued growth. We at The Mahayogi Vemana Credit Co-Operative Ltd have been rendering Various Financial services to the needy members. Mahayogi Vemana Credit Co-Operative Ltd stretched its canvas beyond mere project financing to cover an array of services that contributed towards balanced geographical spread of society, development of identified backward areas, emergence of a new spirit of enterprise and evolution of a deep and vibrant financial market. The Co-operative has started its business in the premises bearing No. 723, L.R.S Complex,A Sector, Yelahanka Newtown, Bangalore-560 064 on and with effect from 13/02/2011 with fully Computerised, Safe Deposit Lockers facilities, in an A.C atmosphere.
