A Legacy of Cooperative Excellence
Established on August 31, 1995, in Belgaum, Karnataka, Lokmanya Multipurpose Co-operative Society Ltd. has grown into India’s largest multipurpose, multi-state co-operative society, with an expansive network of 213 branches across Maharashtra, Karnataka, Goa, and Delhi. This remarkable growth reflects the society’s firm adherence to its founding values and philosophies of financial inclusion and empowerment.
Founded by Dr. Kiran Thakur and his like-minded colleagues, Lokmanya was envisioned as a platform to empower small businesses, support young entrepreneurs, and generate employment opportunities for the youth. Over the years, the society has not only lived up to this vision but has also adapted to meet the evolving financial needs of its members, making it a trusted financial partner.
Comprehensive Financial Services Under One Roof
Lokmanya Multipurpose Co-op Society Ltd offers a diverse range of financial products and services designed to cater to individuals and businesses alike. These include:
Investment Options: The society offers Fixed and Recurring Deposits at highly competitive interest rates, providing members with safe and reliable investment avenues.
Insurance Services: Lokmanya provides comprehensive life, health, and general insurance solutions to safeguard the financial interests of both individuals and businesses.
Loan Services: A wide range of loan products is available, including personal loans, home loans, business loans, education loans, and gold loans, ensuring financial support for varying needs.
Mutual Funds: Tailored to individual goals, Lokmanya offers mutual fund schemes that provide market-linked returns, helping members grow their wealth effectively.
Locker Facilities: To ensure the safety of members’ valuables, the society offers secure locker services, providing peace of mind.
Unique Selling Proposition: Financial Inclusion with Accessibility
One of Lokmanya’s key strengths lies in its commitment to financial inclusion. By offering a broad spectrum of financial products and services under one roof, Lokmanya ensures accessibility to individuals from diverse economic backgrounds. With branches across four states, it reaches urban and rural customers alike, making quality financial services widely accessible.
The society’s diversification into mutual funds, micro-lending, and other financial products highlights its adaptability to the changing financial landscape, ensuring it meets the emerging needs of its members.
Vision, Mission, and Core Values
Lokmanya’s unwavering dedication to financial empowerment is driven by its strong vision, mission, and values:
Vision: To empower individuals and businesses by providing accessible and reliable financial solutions, fostering economic growth, and promoting financial inclusion.
Mission: To offer a comprehensive range of financial services catering to diverse customer needs while upholding trust, integrity, and excellence in all its endeavors.
Core Values: Trust and Integrity: Building long-term, trustworthy relationships with members through transparent operations.
Customer-Centricity: Prioritizing the needs of customers by delivering personalized and reliable financial solutions.
Inclusivity: Ensuring access to financial services for individuals from various economic backgrounds.
Community Development: Actively contributing to the socio-economic upliftment of the community through its cooperative principles.
A Testament to Cooperative Excellence
Lokmanya Multipurpose Co-operative Society Ltd stands as a shining example of the power of cooperative principles in driving financial empowerment and fostering community development. With its extensive reach, diverse financial solutions, and unwavering commitment to its values, Lokmanya continues to be a cornerstone of India’s cooperative movement.
As the society moves forward, it remains dedicated to serving its members with trust, integrity, and innovation, making a meaningful impact on individuals, businesses, and the broader community.
