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The Nirmal Ujjwal Credit Co Operative Society Ranking 2nd in Nagpur for Vidarbha Region





The Nirmal Ujjwal Credit Co-Operative Society Ranking 2nd in Nagpur for Vidarbha Region

As per the reports of a survey, as authorised and undertaken by the Maharashtra State Federation of Co-operative Society in the year of 2005, Nirmal Ujjwal Credit C-Operative Society has been ranked in the 2nd position in Nagpur for Vidarbha Region. It is indeed a prestigious feat to rank well ahead of some thousands of credit societies that operate within the boundaries of Nagpur. This credit society has a prominent presence in the financial field of Vidarbha for more than 2 decades now, and boasts to manage and operate some 21 odd channels all throughout the Indian state of Maharashtra. Basking on this glory of clinching a prestigious position, Nirmal Ujjwal Credit Co-Operative Society is now more determined to offer a distinct service that would surely be regarded as one of its kind.

Along with a capital share of more than 10 Crores of Indian Rupees, this very credit lending institution is ranked well above any other 2,000 odd co-operative societies. The society also has employed around some 1,200 personnel working on an average salary of Rs. 5,000/- to 40,000/- as per their different grades. All the schemes, as offered by this credit society, are aimed towards befitting the credit borrowing requirements of the general public. Apart from this, the society also have a dedicated credit lending cell that facilities in issuing loan to small land owners and/or farmers, who are seeking financial helps for animal husbandry and likewise.

The major motto of Nirmal Ujjwal Credit Co-Operative Society is not only to facilitate finance for the general public, but also revolves around the idea of providing housing loans. It is a noble attempt as taken by the Society to realise the dreams of the general public to possessing their dream home. This scheme is generally made available to the daily coordinators, member employees, and the customers (or share holders). Anybody who has been granted a house loan, as issued by this credit society, could have a house under the Nirmal Nagari Development Project. Thus, to sum up in one word: the efforts of Nirmal Ujjwal Credit Co-Operative Society are well diversified, keeping in mind the credit needs of different sector of people.

Their positive efforts in making the Society to offer a wide variety of financial solutions have enabled them to earn a profit of 1.14 Crores in the year of 2009-10. The account transactions of this credit society has been audited with an A grade certification that shows its transparency with credit dealings. With a deposit amount of more than 140 Crores, a whopping number of 33 Crores of self investments, 10 Crores and more of protected and other security, and for more than 43 Crores of assets and 61 Crores of secured loan, Nirmal Ujjwal Credit Co-Operative Society has been a trusted name in offering the best of financial solutions.

About Author Vikram Lee :

One of the main reasons I've decided to launch an auction site was to put some fun and honesty back into bidding and negotiating. I have dedicated alot of time and effort to ensure that both buyers and sellers have adequate help by writing an extensive help section.  I've also implemented rules to help ensure that a reasonable solution can take place in case of a buyer and seller dispute. I hope you enjoy your stay.##lt
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Article Added on Sunday, July 17, 2011
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Pramod Manmode is one of the most versatile gentlemen from the state of Maharashtra who has contributed immensely to its social and economic development. When the cooperative movement in the state needed the much needed impetus, Manmode formed the Nirmal Ujjwal Credit Cooperative Society. It is one of the most successful credit societies in India till date and has a market capital of 10 crores. Pramod Manmode has been the brain behind this society and led it from the front through his...

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