(MUTUALLY AIDED THRIFT & CREDIT SOCIETY)
Chairman, Vaasudev Cooperative Society
Vaasudev Mutually Aided Cooperative Thrift and Credit Society Limited was established with a vision to create a financial institution that truly serves the needs of the community. Founded on the principles of mutual aid and cooperation, our society has grown from a small group of like-minded individuals to a trusted financial institution serving thousands of members.
Our journey began with a simple mission: to provide accessible financial services to those who need them most, especially women entrepreneurs and small business owners who often struggle to secure funding from traditional banking institutions.
To be the most trusted and preferred financial institution for our members, fostering economic growth and financial independence through cooperative principles.
To provide accessible, reliable, and high-yield financial solutions that empower our members to achieve their financial goals and improve their quality of life.
Integrity, Transparency, Member-Centricity, Innovation, and Social Responsibility guide all our operations and decisions.
Key milestones in our growth story
Vaasudev Cooperative Society was established with 5 executives and a vision to serve the community.
Opened our first branch in Jeedimetla, Hyderabad, expanding our reach to more members.
Implemented core banking solutions and digital services for enhanced member experience.
Reached the milestone of 1000 members, a testament to the trust placed in our services.
Opened our second branch in Uppal, extending our services.
What sets us apart from other financial institutions
We offer some of the highest interest rates on deposits and competitive rates on loans in the market.
Your investments are secure with us, backed by strong governance and regulatory compliance.
We provide personalized financial solutions tailored to your specific needs and goals.
Enjoy fast loan approvals and efficient service delivery with minimal paperwork.
As a cooperative society, we are owned by our members, ensuring your interests always come first.
We reinvest in the community, supporting local development and empowerment initiatives.
Numbers that tell our story
Based on our annual member feedback survey
We believe in supporting our members' financial needs
Percentage of our business loans supporting women-led ventures
Reflecting our responsible lending practices
Common questions about our society
To become a member, you need to visit any of our branches with your identity and address proof, fill out the membership form, and pay a nominal membership fee. Our staff will guide you through the process and explain the benefits of membership.
Members enjoy numerous benefits including access to high-yield deposit schemes, preferential loan rates, participation in society governance through voting rights, regular dividends based on society profits, and various financial education programs and workshops.
Unlike banks, we are a member-owned cooperative society where members have a say in the governance. We offer higher interest rates on deposits, more flexible loan options, personalized service, and a strong community focus. Our profits are distributed back to members or reinvested in community development.
Yes, your money is safe with us. We are registered under the Mutually Aided Cooperative Societies Act and follow all regulatory guidelines. We maintain strong financial reserves, practice prudent lending, and are subject to regular audits to ensure financial stability and security of your investments.
Become a member today and experience the benefits of our financial services.
Apply Now