Nirmal Ujjwal the Most Prestigious Credit Society in Nagpur Region

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. 

Follow us on Facebook & Twitter.

The Achievement of Nirmal Ujjwal Credit Co-operative Society Ltd. Nagpur

If you explore the credentials of the various credit co-operative societies in India, the achievements of Nirmal Ujjwal Credit Co-operative Society India should rank among the highest. Currently, it is one of the pioneer credit co-operative societies running its operations in India and there are a number of achievements to its credit. All the credit societies in India are provided with appropriate rankings and the same applies to Nirmal Ujjwal Credit Cooperative Society also. It certainly features in the top ten brackets among the various credits cooperative societies operational in the state of Maharashtra.

A capital share which goes up to around 10 crores certainly makes it one of the leading co-operative societies in India. The total employee strength of the company reaches the 1200 mark which proves its strong market credential as an organization. Over the years, it has arranged loans for small farmers and landowners. A variety of animal husbandry projects have also been funded by the organization with the assistance of which a number of animals have been purchased. The society provides a number of benefits to its members, employees, daily coordinators. Generally housing loan is provided to the individuals who are associated with the society in some way or the other. If you are looking for hospitalization benefits in the state of Maharashtra and the other parts of India, the society certainly provides this service. There are a variety of hospital networks which comes under the purview of this society and the patients can receive treatment from there. The hospitalization service provided to the patients is quite reasonable and a considerable amount of funds can be saved by them. Apart from these, there are a variety of other achievements which the organization has to its credit.

The handicapped citizens are provided with three wheeler cycles by the initiative of the society. Tree plantation programs where the environment benefits considerably are also organized from time to time. A variety of sponsorship programs to capable and talented sportspersons are also awarded by the society. The various customers, management, employees and the supporters of the organization share a very good mutual understanding which has resulted in so many achievements over the years.