investment in Adarsh

Why choose FD over any other investment scheme

One should always spend after saving his share for the emergencies.But many of us do reverse of this- we spend at the first and then, save what is left.This habit can put you at risk. What if you don’t have a provision for the emergencies?You might have to face some serious difficulties.

This is why it is important to make savings. What can be better for this than a good investment? From a variety of investment options, fixed deposit is the best one as it carries a lot of benefits over other investment schemes.

Brought to you some good reasons why you should invest in an FD:

No risk associated!

There is a variety of investment instruments available such as gold schemes, mutual funds, etc. They can surely endow you with high interests but not all are stable in nature. A fixed deposit is an option which you can rely upon to fulfil your future goals as it is the debt instrument and gives you assured return on the maturity. So no risk associated!

Liquid asset

Whenever an asset can easily be converted into cash, it is considered as liquid asset and a fixed deposit is such an asset. However there are chances that the investor may be penalised, it can be withdrawn when there is a need.This way, you always have a certain sum of money to count on.

Investment for flexible tenure

A fixed deposit allows you to invest for your desired period. The tenure can be as small as 7 days and as long as even 10years. According to your personal or business requirements, you can choose the period.However the FD interest rates will change according to the tenure you select.

Your friend for emergencies

An FD can save you at the time of emergency. You might need to withdraw it before its date of maturity but then also,it’s good that you can avail the moneyat your will. Many financial organisations provide the loans against your FD. So in the uncertain conditions, you may take loans against your FDs and you are saved!

Someone has wisely said that your savings will work for you when you don’t work. So think smart and go invest an FD today!Checkout various FD schemes of Adarsh, now!

women to secure their financial future

Adarsh Credit Co-operative Society Ltd. encourages women to secure their financial future

Literacy amongst females is constantly increasing in India. The 2001-2011 decadal period saw a positive and faster growth in female literacy rates (11.8%) as compared to males (6.9%). As the literacy amongst women is increasing, their need to become financially more secure has also got an upsurge. Adarsh Credit thus encourages women and educates them about several financial services available.

The rural women of our country are still not aware about various ways available to secure their financial future. They are willing to invest in a better future.But due to lack of knowledge of financial services, they are left uninformed about different ways to start a better life. Adarsh Credit Co-operative Society Ltd. understands this very well and hence, decided to motivate women to save for their better tomorrow.

An Initiative for Women Empowerment

We, at Adarsh Credit Co-operative Society Ltd have engaged with over 300 Anganwadi women and educated them about the features and benefits of savings schemes. These women were earlier unaware about several opportunities available but, yearned to be independent and financially secure. So, we have made it our mission to assist them towards building a secure tomorrow. The meetings held in several rural areas of Gujarat saw immense engagement from the Anganwadi women. Apart from savings schemes, these women were also made aware about the importance of mobile banking and an opportunity to work as an Advisor with Adarsh Credit Co-operative Society Ltd.

We, at Adarsh Credit understand the significance of this initiative in the lives of women. Our country being at a developing stage requires such initiatives for better lives of women in the rural areas.Thus, the meeting is held every month in presence of all the Central Gujarat Anganwadi workers. In certain meetings held, members of Sakhi Mandal Group and Asha Workers also join to understand the importance of managing finances better.

We are glad that Adarsh Credit Co-operative Society Ltd.could contribute their bit by teaching the women today, to have a financially secure tomorrow. We look forward to take up more such initiatives that will not only enhance the lives of women, but also their families.

To know more about other privileges of our saving schemes, refer this link.

Found this interesting? Have a read of our previous blogs on similar line and know about various such initiatives undertaken by us.

flood victims

Adarsh Charitable Foundation extends support to the flood victims of Rajasthan and Gujarat

Last month, many states of India were impacted due to heavy rains. Rajasthan and Gujarat were amongst the states which were badly affected by floods. People living in villages suffered the most due to heavy rains. Transportation to many villages had been cut off. In fact, a lot of villages were entirely immersed in water due to the heavy rains. Adarsh Charitable Foundation, the philanthropic arm of Adarsh Credit understood this tough situation very well and extended its support to the flood victims.

The volunteers of Adarsh Charitable Foundation made it their mission to make life easier for the flood victims. These volunteers were constantly providing relief to the regions affected by flood in Rajasthan and Gujarat. They not only supplied food to the flood victims, but also provided them with medical kits. They made sure that there was no shortage of relief materials to the flood affected people.

A CSR initiative by Adarsh Credit

Mr. Rahul Modi, Managing Director, Adarsh Credit Co-operative Society Ltd. was in constant touch with the volunteers of Adarsh Charitable Foundation and made sure that all the supplies reached the affected regions as planned. Adarsh Charitable Foundation also hired chartered helicopters to dispatch food packets to the flood affected regions of Sirohi and Jalore. Flood victims in these regions could not even find clean drinking water. However, the volunteers supplied clean drinking water to them along with food packets and medical kits.

Adarsh Charitable Foundation distributed:

  • 25,000 food kits in Sirohi
  • 10,000 food packets in Jalore
  • 2000 tents
  • 500 blankets

Moreover, food packets were also distributed in villages such as Sanchor, Bhinwal and Raniwada of Jalore district. The affected regions of Gujarat were also provided similar support by Adarsh Credit.

The volunteers of Adarsh Charitable Foundation with the help of local administration distributed:

  • 21,000 food packets
  • 15,000 sukhdipackets
  • 80,000 water pouches
  • 3000 milk containers in Banaskantha district of Gujarat

Adarsh Charitable Foundation also organized health camps in Banaskantha. Over 400 medicines were distributed free of cost to the flood victims in medical relief camps set up in Dhanera and Jasra villages. They also supplied raw food material packs in flood-affected regions of Rajasthan and Gujarat. Each food material pack weighed 18 kg and consisted of 10 kg wheat flour, 1 kg mixed dal, 1 kg sugar, 1 kg salt, 1 Ltr mustard oil, 250 grams tea powder, 250 grams pack consisting of chilli powder, coriander powder and turmeric packet.

Adarsh Credit extended immense support to flood-affected regions with the help of chartered helicopters. This is for the first time in India that a charitable foundation hired a helicopter to distribute flood relief materials.

Rajasthan Chief Minister, Vasundha Raje was impressed and appreciated the work done by Adarsh Charitable Foundation and personally telephoned Mr. Mukesh Modi, Founder, Adarsh Charitable Foundation. Working towards welfare of the society has always been the mission of Adarsh Credit and such CSR initiatives prove the same.

Adarsh Credit Co-operative Society Ltd. understands the significance of this CSR initiative in lives of the flood victims. Since its inception, Adarsh Credit has always aimed to uplift the rural areas of the country and enable people to live a better life.

Found this interesting? Click here to know about our several other CSR initiatives.

cashless india

Adarsh Credit fulfills the dream of “cashless India”

“Digital India” has always been a dream of our Prime Minister NarendraModiji. He has always wished for India to become a cashless society. Adarsh Credit plays a small, but significant role towards fulfilling this goal of the Prime Minister. Adarsh Credit Co-operative Society Ltd , India’s Leading Credit Co-operative Society is doing its bit to contribute to the rural section of the society. Adarsh Credit Co-operative Society Ltd., a venture by founded by our very own Mukesh Modi has been changing the way financial institutions work in rural India. The society is an innovator in terms of digitalization.Let’s read how:

Adarsh Credit,transforming India digitally!

Our co-operative society has been working towards making India digital and fulfilling the Prime Minister’s dream. We have been providing all digital facilities to our members. Adarsh Credit has joined hands with digital wallet Oxigen to facilitate digital transactions. Our founder Mr. Mukesh Modi is a part of several organizations and is constantly working towards making financial transactions in rural sector more transparent and effortless.

Adarsh Money

We also ensure that rural India can avail financial services through our several technological adaptations. One of them is our mobile money app “Adarsh Money“, which allows rural India to engage in online payment methods.  The introduction of this app has further enhanced the transparency in digital transactions.

Additionally, Adarsh Money also helps Adarsh Credit Co-operative Society Ltd. to take in account the complaints of their members and advisors. This enhances the transparency in our organization and helps increase productivity.

We at, Adarsh Credit realize the importance of awareness about the various financial services available in the rural sector. Hence, we aim to bridge the gap between rural population and financial transactions. This also is key to provide facilities such as account handling, financial transactions or investing in any of our deposit scheme.

Adarsh Credit Co-operative Society Ltd. currently has over 1.7 million members and 809 technologically advanced branches in India. We provide NEFT/RTGS facility to all our account holders. Adarsh Money application is also available in Hindi language which makes it more user-friendly for the rural sections of the society. Hence, we at Adarsh Credit are making NarendraModi’s dream of a cashless society a reality with our various technological innovations.

We aim to provide high quality financial services to the rural sector which helps Adarsh Credit to prosper at a quick pace. Our society has more than a decade of experience and expertise in delivering great value to the members.

Apart from Adarsh Money, we also have other lucrative investment schemes such as Adarsh Triple and more. Check them out now!