Established our Co-operative in the year 1996, with humble beginning
with share capital of Rs.5.00 lakhs with 500 members, our co-operative
has grown leaps and bounds with over 4500 members invested in shares
of more than Rs.3.00 crores and continuing its success. This has been made
possible due to adoption of strong co-operative principles by the board
of Directors. Lead by our present President ably and supported by its
Directors, without which this achievement wouldn't have been possible.
The following table reflects our success story :
- Members- 4500
- Deposits- 90 Crore
- Loans- 100 Crore
- Profits- 10 -15 %
We have a branch at Ramamurthy Nagar, Bangalore-560 019
As a further proof of our growth.
Co-operative's own building
The most advanced and sophisticated commercial building with 3200 sq.ft. built up area with 4 floors.
- The part of building is dedicated to a health check up facility for the members.
- A well-equipped hall is available to facilitate a programs and meetings for the benefit of the members.
Education Assistance for Students
Today's youth is the backbone of developing India. It is our duty to nurture, seek, assist, and make them the next objectives of the talented students and the undergraduate students. The talented children of our co-operative members each year have been honored by the Prathibha Puraskara program. It is also a social responsibility for the society to encourage financially backward children who are studying in Kannada medium.
Felicitation to Senior citizen members with relatives
Our organization identifies senior citizens who co-operated with their advice and encouragement for 23 years. They have been honored with felicitation and encouragement by the society.
Sri Ramanavami cultural festival is celebrated every year.
Our organization identifies achievers in various walks of life of Karnataka state and honoring them on the day of every General Body meeting .Freedom fighters Doraswami, VimaradaThimmakka, Vikalachitha Olympic Swimmer Shri.Vishwas KS, Padma Shri winner of the Halakki folk songs Smriti Sukri Bommagowda, United Nations Award winner Mrs. Ashwini , film actors RT Rama, Mrs. Shaileshree, Shri Biradar, Shivshankar (Director), one of India's leading cricketers, Sri Prakash Jayaramaiah our award- Prathibha Puraskara.
Death Relief Fund (DRF)
Our organization established a DRF fund in the name of "M.V Surya Narayana". This fund
will provide a compensation of Rs 25,000 to the nominee who has been nominated by member to this scheme.
We are providing Karnataka health insurance “Yeshasvini” to the members of our Co-operative.