2024
Foundation
Vaasudev Cooperative Society was established with 5 executives and a vision to serve the community.
Vaasudev Mutually Aided Cooperative Thrift and Credit Society Limited was started with one goal: to build a financial institution that genuinely serves the community.
We believe in mutual aid and cooperation, helping each other to grow. What began as a small group of people with a shared vision has now grown into a trusted financial institution serving thousands of members. From the start, our mission has been simple: to make financial services accessible to those who need them most, especially women entrepreneurs and small business owners, who often find it hard to get loans from traditional banks.
"Our commitment is to empower individuals through financial inclusion and support, creating pathways to economic independence and community development."
To be the most trusted and preferred financial institution for our members, fostering economic growth and financial independence through cooperative principles.
To provide accessible, reliable, and high-yield financial solutions that empower our members to achieve their financial goals and improve their quality of life.
Integrity, Transparency, Member-Centricity, Innovation, and Social Responsibility guide all our operations and decisions.
Key milestones in our growth story
Vaasudev Cooperative Society was established with 5 executives and a vision to serve the community.
Opened our first branch in Jeedimetla, Hyderabad, expanding our reach to more members.
Implemented core banking solutions and digital services for enhanced member experience.
Reached the milestone of 1000 members, a testament to the trust placed in our services.
Opened our second branch in Uppal, extending our services to more members.
Opened our third branch in Rampally, further strengthening our presence.
Celebrated our first anniversary with a general body meeting and member celebration.
Opened our Fourth branch in Kukatpally, bringing our services closer to more members.
Opened our Fifth branch in Shamirpet, expanding our reach to new communities.
Opened our Head Office in Kukatpally, extending our services to more members.
Vaasudev Cooperative Society is given the opportunity to celebrate the Cooperative Week Celebration in Medchal-Malkajgiri District.
Conveniently located to serve you better
What sets us apart from other financial institutions
Highest interest rates on deposits and competitive loan rates.
Your investments are secure with strong governance and compliance.
Tailored financial solutions for your specific needs and goals.
Fast loan approvals with minimal paperwork.
Owned by our members, ensuring your interests always come first.
Reinvesting in the community through local development initiatives.
Numbers that tell our story
Common questions about our society
To become a member, you need to visit any of our branches with your identity and address proof, fill out the membership form, and pay a nominal membership fee. Our staff will guide you through the process and explain the benefits of membership.
Members enjoy numerous benefits including access to high-yield deposit schemes, preferential loan rates, participation in society governance through voting rights, regular dividends based on society profits, and various financial education programs and workshops.
Unlike banks, we are a member-owned cooperative society where members have a say in the governance. We offer higher interest rates on deposits, more flexible loan options, personalized service, and a strong community focus. Our profits are distributed back to members or reinvested in community development.
Yes, your money is safe with us. We are registered under the Mutually Aided Cooperative Societies Act and follow all regulatory guidelines. We maintain strong financial reserves, practice prudent lending, and are subject to regular audits to ensure financial stability and security of your investments.