Shri Siddhivinayak Credit Souharda Sahakari Sangh Niyamit
Overview
Our country has a culture and tradition of being the Guru of the world. Our ethical value system is widely appreciated across the globe. Our nation gave birth to great saints, philosophers, scientists, valiant Sons who worked for the betterment of the human race and educated and guided the society. The thinkers of our sage heritage carried the flag of Indian philosophy across the globe and reached the heights. But now in the 21st century, we know that in this era, all the fronts of urban and rural areas are moving towards modernity. From village to Delhi, all sectors are also looking for digitization and technology system. Shri Siddhivinayak Group was born for this purpose. This group works in various sectors of the society and is always striving for the welfare of the society.
Birth and Growth:
Shri Siddhivinayak Credit Souharda Sahakari Sangh NYT, Chikkodi. This society was incorporated on Sun 14-01-2004. As the proverb says, "A sapling is born, a tree grows", in the beginning there is only one branch, and today it is taking a leap forward serving in many different dimensions.
Financial Position as on 31.03.2026
- Share Members: 5,486
- Associate Share Member: 300
- Share Capital: Rs. 61,11,100
- Associate Share Capital: Rs. 30,000
- Reserve and Other Fund: Rs. 45,88,17,139.45
- Deposit: Rs. 150,15,20,062.40
- Loans: Rs. 116,68,97,844.66
- Investment: Rs. 36,48,10,938
- Working Capital: Rs. 156,64,78,301.85
- Profit: Rs. 1,56,07,676.90
- Total Turnover: Rs. 869,59,40,121
Aims and Objectives
Extension of branches of society to villages. Providing service and financial assistance to needy family, small and start-up entrepreneurs. Financial assistance to women engaged in cottage industries. Helped to provide value added services to professionals.Co-operation between Societies. An enabling environment to bring the poor and middle class people into the mainstream of society by providing financial assistance.Home loan.
