We are a Co Operative Credit Society formed in Mumbai in 1989 working in the interest of the Agriculture Product, Producing to Marketing, as a Finanacer.We are the core Group basically from Junnar Taluka in Pune District. Foundation- Sahakar Vardhite Shakti
Co-operation Develops Strength & Power
Mission- To establish the best practices in the field of Co - Operative
Credit Society's Movement by
bringing the most wanted
changes in the sector for upliftment of the neglected section
of the society under the strong guidelines of the Government
of Maharashtra within the ambit of Maharashtra State co-
operative society's Act 1960 & Rule 1961 & Ideal bylaws of
the Society. We are a Co Operative Credit Society formed in Mumbai in 1989 working in the interest of the Agriculture Product, Producing to Marketing, as a Finanacer.We are the core Group basically from Junnar Taluka in Pune District.We are from different fields like Traders , Hoteliers, Buissiness men,Retired Proffessional in Banking, Insurance Experts,Servicemen,Housewife etc. Jadhav Vitthal - Trader - Age 52 - Treasurer
4 Mr. Thorve Bajirao Shankar- Retired Banker- Age 59 - Secretary
5 Mr. Bhujbal Shankar Baban- Bussinessman- Age 65 - Director
6 Mr. Bankar Nitin Dhondiba - Social Worker- Age 37 - Director
7 Mr. Naik Dinabhai Shankar- Social Worker- Age 55 - Director
8 Mr.Thorve Deepak Rajaram-Bussinessman-Age-35-Director
9 Mr.Erande Balasaheb - Insurence Adviser-Age 35-Director
10 Mr. Raut Sanjay Karbhari - Bussinessman-Age 35- Director
11 Mr. Jagtap Gangadhar Kondiba- Serviceman- Age 55- Director
12 Mr. Sangle Anil - Bussinesman- Age 35- Director
13 Miss. Talajia Hetal Housewife- Age 25 - Director
Mr. Choudhary Rajendra-- B.Com. -- Age 38 - Chief Manager
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Age- 21 Years
Audit Class- " A " All Years
Deposits- 14,15,00,000 +
Loans- 11,50,00,000 +
Turnover- 18,00,00,000 +
Share Capital- 1,20,00,000 +
Own Funds- 2,35,00,000 +
Building Fund- 1,19,00,000+ ( Book Value )
Investments- 4,65,00,000+
Dividend - 10 %
NPA - Below 5%
No outside Borrowings
Recovery Actions- 100%
Secured Loans-65%
Profit- 50.31 Lacs. Members- 7500+
Staff- 23 (Well Educated , Trained,Experienced & well
mannerred )
Technology - All branches are fully computerized
Offices- Out of Seven Branches Six are in Self owned premises
Branches- Byculla, Vashi- Navi Mumbai, Vile Parle, Thane, Kalyan,
Junnar- Pune, Narayangaon-Pune
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INTEREST RATES
Deposits- Competitive,Market Sensitive & Best in the Sector / Industry
7% To 12%
Loans - Competitive,Market Sensitive & Best in the Sector / Industry
Risk Based / Security Based
12% to 17%
With prompt, Fast, Obedient & Sincere Service
