Vision credit co-operative society ltd

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Vision Credit Co-Operative Society Ltd
Vision Credit Co-operative Society Ltd.
Offers competitive fixed deposit schemes
Vision Credit Co-operative Society Ltd.
Offers competitive recurring deposit schemes
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About Us

Vision credit co-operative society ltd

Taking into consideration the Low Income Group, the Credit Co-operative sector was developed to help the people getting financial services. Vision Credit Co-operative Society Ltd. started with the aim to help the segment who is left out of reach of financial services due to complex nature, higher prices and lack of reach. Our vision is economic development of Low and Middle-class people.

Societies are registered under the District Registrar Office of State with the Registrar of Co-operative society, the Vision Credit Cooperative Society is registered under the Government of Gujarat.

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Schemes

Vision credit co-operative society ltd

Loans

Vision credit co-operative society ltd

Mission & Vision

Our Mission & Vision

  • To be the first choice Credit co-operative in financial services and to enhance members’ standard of living.
  • We are a leading Credit co-operative that cares and protects the total assets of our members through our professionalism, integrity, corporate governance and quality customer service. We provide members with responsive and innovative financial products and services leading to sustainable growth of our Credit co-operative. We offer every possibility to fulfill members’ financial needs through our competitive products and efficient service.

Goals of

Vision Credit co-operative society

PROFITABILITY - Sustain the bank's profitability b

  1. Maintaining 10% return on investment;
  2. Increasing capital build-up to P100M; and
  3. Maintaining a past due ratio of at least below 10%, and non-performing loan ratio of below 10%.

GROWTH - achieve VCCS growth by

  1. Establishing branches in growth areas while consolidating current branches towards better services and products.
  2. Expanding market share in both deposit and loan products in the banking industry, and developing quality clients with a quality credit portfolio.
  3. Utilizing new appropriate technology in the bank’s operations, and upgrading personnel capabilities and competencies resulting in higher efficiency and productivity.

STABILITY - ensure the vccs's stability by

  1. Improving  financial condition minimum 10,000 family per year.

  2. Maintaining a deposit mix of 60% savings and 40% other deposit type;

  3. Delivering and maximizing customer service for higher customer loyalty and first preference for VCCS.

  4. Managing vccs processes and procedures in adherence to regulatory agencies’ rules and regulations, and

  5. Establishing an  organizational culture of honesty, excellence, professionalism and meritocracy with clear leadership directions.

Membership at

Vision Credit Cooperative Society

Membership If Vision Credit Cooperative Society is a compulsory process for every person who is interested in Vision society’s products and other activities. This membership gives you rights to participate in the society products. Vision Credit Co-operative Society is by the members, for the members, of the members. Basically society is a mediator between two members, one member having excess money keeps a deposit in the society and the other one is the member who needs money for a purpose as a loan. Vision does not accept or give any type of deposit and loan to non-member persons.

Declaration:-
1. Only members can use our products.
2. If any person is interested in our society’s product, membership is compulsory.
3. KYM(Know Your Members) documents are compulsory for membership.
4. Rules and Regulations are similar for every member.
Eligibility for Society Membership

Eligibility

Any person who has attained the age of 18 years is capable of entering a valid contract, member of ENLIGHTEN WORLD Family Business, a company registered under Companies Act, a Partnership Firm, a Limited Liability Partnership firm, any Trust, Institutions can become a member of the society. KYM is a compulsory process for all to become a member of Vision Credit Cooperative Society. The eligible member has to fill and submit the “Membership-Form” with Rs.110/- (Rs.10 for Getting Enrolled as Member and Rs.100 to allot share) at our Branch. No doubt you can apply for more shares which will be allotted to you as per the discretion of the Society.

* The rights to accept/reject Membership applications are reserved with the society Management.

KYM Process
KYM means “Know Your Member”, when a person is applying for ” Vision Credit Cooperative Society Membership” than society gets details of the person for verification, eligibility for membership, below is required document for KYM:

Photo Identity Proof
– Passport
– PAN card
– Voters Identity Card
– Adhaar Card
– Driving License

Address Proof
– Passport
– Driving License
– Electricity Bill (Bearing Name of applicant)
– Telephone Bill
– Property Tax Book / Receipt