The Pavagada Souharda Multipurpose Co-operative ltd had its origin way back in the year 2002 with a share capital of Rs.25 Lakh in the geographically backward taluk of Pavagada in the district of Tumkur. The society’s founder was late Shri Henja Reddy of Pavagada . In the year 2002 the society came under Karnataka state Souharda society act 2002. During the last 14 years the society has opened 25 branches in 8 districts of Karnataka and as on date has Rs 285 crores of total business. The society while accepting deposits from members also offers variety of loans to members. In addition to this, insurance services chits fund, RTGS, NEFT, Passport and Pan Card services, all type of Bill payments, online services are also extended.

During the year 2014-15 a total dividend of 14% is declared.The society under the dynamic leadership of shri B H Krishna reddy, who is the president since 2002, is the guiding force behind this growth saga and we will achieve greater heights under his able guidance in the years to come.

BOARD OF DIRECTORS AT THE TIME OF ESTABLISHMENT in the year 2002

  • B.H Krishna reddy(President)
  • S. Shiva Prasad ( Vice president)

Directors

  • B.H Ramalinga reddy
  • B.H Prakash reddy
  • T.S Tata prasanna kumar
  • B.H Jayarama reddy
  • R.N Mohan murulidhar
  • G.Raju
  • P.S Janardhana reddy
  • G.M Vishwanth
  • C.Nagesh – CEO

The Financial position of the Society as at the end of First year as under

Particulars
Amount (Rs.)
No. of Members
240
Share Capital
25,00,000/-
Deposits
70,00,000/-
Loans Advances
1,00,00,000/-
Net Profit
4,69,000/-
SLNO
Branch Name
Date of Opening
1
PAVAGADA
24/05/2002
2
MADHUGIRI
18/08/2004
3
TUMKUR
22/05/2006
4
LINGDAHALLI
06/12/2006
5
S G PALYA
07/08/2005
6
HEBBAGODI
05/12/2008
7
SAHAKARNAGAR
29/10/2009
8
KORATAGERE
01/09/2010
9
SIRA
11/08/2010
10
KOLARA
03/01/2011
11
B T M
04/10/2011
12
CHITRDURGA
07/03/2012
13
DAVANGERE
12/03/2012
14
H S R LAYOUT
01/09/2012
15
S I T TUMKUR
01/11/2013
16
RAJAJINAGAR
15/01/2013
17
JAYANAGAR
08/03/2014
18
SHIVAMOGGA
27/11/2014
19
DODDABALLAPURA
11/08/2010
20
CHIKKABALLAPURA
29/03/2015
21
RAMANAGAR
11/09/2015
22
WILSON GARDEN
22/11/2015
23
DASARAHALLI
21/12/2015
24
YELAHANKA
14/11/2015
25
JIGANI
16/11/2015
Show Buttons
Share On Facebook
Share On Google Plus
http://pavagadasouharda.com/feedback/
Hide Buttons