9% Simple Interest for a Min Deposit of 50,000 & Above for the Period 12 Months (No Monthly & Quarterly Interest)
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Our Origin
Our organization was started by young co-operative intellectuals from various fields viz- engineers, doctors, social workers, businessmen and agriculturists. The Pavagada souharda Multipurpose co operative ltd was incorporated on 24th may -2002 under Karnataka State Souharda Sahakari act 2002.
Financial services
We offer all services permitted under Souharda act at all time
Facilities Available
We offer all kinds of modern financial services under one roof
Presidents View
Name : B H. Krishna Reddy, B.E.(Civil)A.M.E.I
Founder President, The Pavagada souharda multipurpose co operative ltd
Director : Karnataka State Souharda Federal Co-operative Ltd
Email: president@pavagadasouharda.com
Under the able guidance of the Shri. B.H. Krishna reddy along with 240 share holders with an initial capital of Rs.25 lakh. Our society has grown to 1124 share holders with a capital of Rs.160.65 lakh in a short span of 14 years with a turnover of Rs.300 Crores showing a consistent level of growth.
Financial Status as on 31-03-2023
Deposit : 166.62 Crores
Lending : 180.51 Crores
Share Capital : 3.39 crores
Members : 18120
Profit : 15.57 Crores
Videos
Let’s Join Hands Together, Let’s Make Tomorrow Better
The Pavagada Souharda co-operative ltd is a multi-purpose society which provides you with various financial services.
Notification To Members To Notify members & well-wishers
We will be annouced shortly, stay tuned for updates.
Special Announcements Information for the benefit of members
You are not made of money,but the world is!!!
News Our future growth plans for development
Stay tuned for further updates of forth coming events
About Us We serve for development of our society
Provides you with the history of our souharda
OUR PLANS FOR THE YEAR 2023-24
Our agenda for all round growth
- According to the RBI guidelines, steps are taken to build a well equipped branch building by providing safe room locker facility in the own building of the Sira branch which is being constructed in the current year.
- As per the guidelines of Samyukta Sahakari, common software has been adopted in our co-operative, fully computerized in the present 33 branches and steps are being taken to centralize.
- Apart from deposits, advances, along with other existing activities of the co-operative, Tie up with 9 insurance companies obtaining Corporate Agency from IRDAI and Tours & Travels Companies to initiate travel plans for the members by involving staff, Branch Committee and Board of Management.
- Taking action on organizing social program in customer meet at branches.
- Taking steps to purchase own land for Pavagada, Chikkaballapur, Jigani and Shimogga branches.
- Arrangements for disbursement of loans to self-help groups in all branches.
- Try to achieve the target of loan 200 crore and deposit 250 crore.
- 31-03-2024 The Co-operative will implement quality in all areas.
- Steps to make non-performing loans 0%.
- Committee at various levels to focus on greater security, quality
Sahakari Members
Committee Members
No Of Branches
Year of experience
