Credit societies in India are not that hard to find. No matter on which corner of this country you are in, you could easily get hold of any institution or other that facilitates in credit lending opportunities to the general public. One such a well known credit lending institution in the western India, to be more specific in Nagpur, is Nirmal Ujjwal Credit Co-operative Society. This society has a prominent presence in the financial field since the day it was incepted way back in the year of 1990. Today, they boast to have some 21 branches scattered well throughout the Indian states of Maharashtra and Madhya Pradesh.
Banking on the support of a whooping number of 27,000 members (or share holders) and being audited with an A grade certificate, Nirmal Ujjwal Credit Co-operative Society has been witnessed to grow with every passing day. With more than 140 Crores of deposits, 10 Crores and more of protected and other securities, more than 33 Crores of self investments, 43 Crores and more of fixed and current assets, and a whooping amount of 61 Crores of secured loans, the Nirmal Ujjwal Credit Co-operative Society has been accelerated as a name synonymous to trust and reliability.
Their towering reputation eventually inspired their overall performance, and thereby helped the Society to earn a profit of 1.14 Crores during the last financial year of 2009-10. As per a survey of the asset status, as organised by the Maharashtra State Federation of Co-operative Society in the year of 2005, Nirmal Ujjwal Credit Co-operative Society is found to be ranked within the first 10 among a humongous number of 28,000 credit societies that are operating within the state of Maharashtra. It is also placed in a prestigious position of 2nd when the competition becomes narrower and concentrated only the regions of Nagpur. A similar result has come out that take into consideration only the region of Vidarbha.
All these efforts and rankings have helped Nirmal Ujjwal Credit Co-operative Society to achieve the status of what it is today and have bracketed it among the few prestigious credit societies operating in Nagpur.
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Banking on the support of a whooping number of 27,000 members (or share holders) and being audited with an A grade certificate, Nirmal Ujjwal Credit Co-operative Society has been witnessed to grow with every passing day. With more than 140 Crores of deposits, 10 Crores and more of protected and other securities, more than 33 Crores of self investments, 43 Crores and more of fixed and current assets, and a whooping amount of 61 Crores of secured loans, the Nirmal Ujjwal Credit Co-operative Society has been accelerated as a name synonymous to trust and reliability.
Their towering reputation eventually inspired their overall performance, and thereby helped the Society to earn a profit of 1.14 Crores during the last financial year of 2009-10. As per a survey of the asset status, as organised by the Maharashtra State Federation of Co-operative Society in the year of 2005, Nirmal Ujjwal Credit Co-operative Society is found to be ranked within the first 10 among a humongous number of 28,000 credit societies that are operating within the state of Maharashtra. It is also placed in a prestigious position of 2nd when the competition becomes narrower and concentrated only the regions of Nagpur. A similar result has come out that take into consideration only the region of Vidarbha.
All these efforts and rankings have helped Nirmal Ujjwal Credit Co-operative Society to achieve the status of what it is today and have bracketed it among the few prestigious credit societies operating in Nagpur.
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