With the ambition in mind and a motive to work for a social cause mainly related with “HOW TO HELP OTHERS”, a good literature, book were consulted and experience in field of co-operative society. After this an idea struck to my mind to establish on THRIFT & CREDIT SOCIETY in the Co-operative sector under the aegis of Registrar, Co-operative societies, Govt. of N.C.T. of Delhi.

Accordingly, to begin within the month of February’2012 requisite material on the subject was collected, a few good and through gentleman having social devotion were associated and a team was prepared for farming the society titled “THE MAHALAXMI CO-OPERATIVE URBAN THRIFT & CREDIT SOCIETY LTD.”..

Further, as a first and foremost step-nearly 60 members were searched and enrolled from various parts of N.C.T. of Delhi. At the outset a meager contribution was flexible amount for becoming a member of the society say Share Money & Admission Fee. The major portion of this contribution was representing the amount refundable to the members concerned.

A Board of director was set up and through a resolution passed unanimously the undersigned was elected “CHIEF PROMOTOR” of the society. There after Bye-Laws often society was framed after a detailed deliberation. Accordingly a proposal was prepared and submitted the office of the Registrar cooperative society with a view getting the society Registered. After a vigorous following it became possible. And the society was issued with a Registration Certificate bearing No.10318/NE/TC/2012 dated 18/09/2012. The society worked started from 18/11/2012.

== Currently Society is being operated from A-127, Main Road, Infront of Ram Naresh Singh Public School, Mahalaxmi Enclave, Karawal Nagar, Delhi-110094.

== The Society disburses five type of loans its members viz Ordinary Loan, Emergency Loan, Vehicle Loan, Loan against Deposits and Loan against Property.

== The Society takes deposits in way of Fixed Deposit, Money Multiplier Deposit Scheme(MMDS), Recurring Deposit, Compulsory Deposit, Optional Deposit and Daily Saving Scheme (MSSS).

Our Services

Fixed Deposit

Money Multiplier Deposit

Monthly Income Scheme

Recurring Deposit

Small Savings