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Investment schemes - Adarsh Credit

7 Surprise expenses that can bring your investment schemes to a halt

Some of you might be saving for some financial goals, retirement or maybe a trip. But the fact is no matter how much you plan, budget or save, there will be a number of expenses that will just pop out of the blue to pour a big bucket of water on all your pre-decided plans. Adarsh Credit Co-operative Society is here with a list of seven surprise expenses that will come whooshing towards you.

1. Car Expenses

Well, cars or any vehicles can invite any expenses at any point in time. Whether your car just breaks down or meets with an accident, you will have to pay the cost. Over and above that you have to pay car insurance premiums too. So, you need a backup investment scheme that will bear the expenses of your car.

2. Medical Expenses

When anything happens to you or your loved one’s health then these expenses are to be addressed immediately and they cannot be postponed or ignored. This situation or these kinds of expenses are sure to occur and demands an emergency fund even if you have health insurance covered.

3. Electronics

As the time passes, there will be advancements in technology and who does not love to walk hand in hand with the latest gadgets and technologies? So, in order to meet our need for buying all the latest gadgets and electronics you need an altogether different budget.

4. Home Repair Costs

Yes, there can be any sudden situation in your house that will need an immediate fix and you will have to spend on that too. And so in this case also you will need funds if the expense is too high. Of course, you might be investing in various investment schemes but then those were saved for a pre-decided expense right?

5. Surprise Gifts

Birthdays! How can you forget them? Whether it is of your beloved, friend, child or any family member, you have to buy a gift and obviously, you won’t have secured a special investment scheme for birthday gifts. If you are planning a gift for months then there are chances you might have everything secured. Otherwise, you have to secure an emergency fund for this too.

6. Education

This one is for the parents, who are aware of the tuition, schools and college fees that are soaring higher day by day. And most of the parents have secured funds or have investment schemes availed for these fees. But the fact that is overlooked by most parents are the little things such as a computer, laptop, extra-curricular activity supplies, hobby classes, school tours, and picnics, etc.

7. Social or Family Functions

You are already nodding your head when you read this line right? It is but obvious that all the family functions or social events add to your list of expenses, whether it is your own or you are attending someone else’s. Wedding, housewarming, get-togethers or baby shower, you have to spend a fortune.

In order to shield yourself from the above-mentioned surprise expenses, you need to keep a separate emergency fund by investing in highly beneficial investment schemes. The choice of these schemes should be such that you can get high returns which can be used in case of emergency. Adarsh Credit Co-operative Society has a few schemes that can prove to be of great help when such expenses arise.

Daily Deposit Scheme
Monthly Investment Scheme
Adarsh Bachat Patra
Adarsh 18
A-15
A-3 Deposit Scheme

Get all the information about these investment schemes and other financial products provided by Adarsh Credit Co-operative Society to start your investments today. You can even visit the nearest branch of Adarsh Credit to gain knowledge about various financial products.

adarsh sahkar sarita

Adarsh Credit to help Ajay Nehra to take part in floorball championship

Adarsh Credit Co-operative Society is known for its various beneficial financial products as well as the inputs in the development of the society as well as the nation as a whole. As a part of this mission to contribute to the well-being of the nations, Adarsh Credit Co-operative Society decided to help youth in achieving their goals that lay unfulfilled due to lack of financial aid.

Recently, Adarsh Credit Co-operative Society took an initiative to help a young and ambitious floorball player, Ajay Nehra. Witnessing the caliber and talent in Ajay, Adarsh Credit decided to give him financial aid to attend under-19 international floorball championship that will be held in Singapore.

In an interview, Ajay Nehra gave a brief about the floorball game, his happiness to receive a financial aid to grow more and about the under-19 international floorball championship. Here are a few glimpses of what Ajay Nehra had to say during the interview.

Firstly Ajay Nehra gave an introduction to floorball game comparing it with floor hockey and gave details about it. Adarsh Credit Co-operative Society and its members were keen to hear about Ajay Nehra’s growth as a player, to which he responded saying that he has been playing floorball from 4 years and wants to build a career as a floorball player.

Ajay Nehra expressed his gratitude and happiness towards Adarsh Credit Co-operative Society for giving financial aid to fulfill his dream of getting a chance to attend the under-19 international floorball championship. He especially thanked Mr. Rahul Modi, Managing Director, Adarsh Credit Co-operative Society for inspiring and helping him to attend the floorball championship.

This championship is going to be held from 24th July 2018 and Adarsh Credit Co-operative Society wished Ajay Nehra good luck to achieve his dream and become a renowned floorball player. To get details about Adarsh Credit Co-operative Society’s contributions visit http://adarshcredit.in/adarsh-sahkar-sarita/.

Good news for shareholders of Adarsh Credit

Shareholders of Adarsh Credit Co-operative Society to get 16% dividend

Adarsh Credit Co-operative Society is known for its highly beneficial financial products. Whether it is the case of providing high-interest rate accounts or fixed deposits with benefits, Adarsh Credit has always tried to provide maximum benefits to its members. Even there are certain Adarsh exclusive products for its members through which they can leverage the maximum benefits and safeguard their precious earnings.

Walking on the same road again, Adarsh Credit Co-operative Society this time took a step to make even the shareholders delighted by providing them 16% dividend for this financial year 2017-18. Recently the 20th annual general meeting of Adarsh Credit Co-operative Society was held in which all the members decided announced 16% dividend to the members for the financial year 2017-18.

The process of releasing the benefits will begin soon and the members will be provided with their share of benefits according to the announcement by Adarsh Credit Co-operative Society. Along with this, the benefits for the financial year 2018-19 were also discussed. For the current financial year, it was announced that 15% interim dividend will be provided to the members and shareholders of the society.

Mr. Rahul Modi, Managing Director, Adarsh Credit Co-operative Society, happily shared the exponentially increasing growth statistics with the members present at the annual general meeting this year. In the financial year 2017-18, the share capital and reserve fund of Adarsh Credit Co-operative Society has witnessed a rise of 40.48%. Not only that, the amount of the share capital and reserve fund has reached to 2705.65 Cr.

Adarsh Credit Co-operative Society has managed to secure a net profit of 481.28 Cr which in itself is a big achievement. Not just stats of the financial profits and funs, Adarsh Credit has expanded its family to 20 lakh member and is increasing day by day.

Adarsh Credit Co-operative Society has taken the road to success and is not stopping soon in serving the nation with its services, visit the nearest branch of Adarsh Credit to get the benefits of this society or browse through the financial products at http://adarshcredit.in/.

Adarsh Credit with STREEBO

Adarsh Credit with STREEBO takes ‘Adarsh Money’ to the next level

When it comes to digitization, Adarsh Credit leaves no stone unturned. This is the reason why we’re among the most techno-savvy credit co-operative societies in India. As a part of our technological advancements, we have developed a mobile app for our society’s members and advisors.

And we are happy to share with you that Houston’s Streebo Inc. has decided to take this Adarsh Money mobile app to the next level. Streebo Inc. is a renowned digital transformation company in Houston. They are working with us to make our mobile app more efficient and advanced in order to provide the best experience of financial transactions to our members and advisors.

More efficient Adarsh Credit mobile app

In just four months, Streebo has developed a revolutionary drag-and-drop application with the use of DX Accelerator. This accelerator has reduced overall app development time for them. So what is new in the app now? Now, members can access their credit account together with availing services such as getting their account statement, fund transfer, utility bill payment as well as recharging their phones, DTH and data cards. On other hand, advisors’ Adarsh Money mobile app has also helped the advisors carry out their financial operations easily. Both these apps have been given easy navigation and user interface. For e-KYC and mobile wallet transactions, it has been linked with UPI gateway as well. Through Streebo DX Accelerator’s ‘point and click interface’, ticket booking and utility services have been made easier than ever before. To make Adarsh Credit mobile app even simpler for the users, log-in through Facebook Messenger has also been activated.

Surge in mobile app users

All these new features are available on both the platforms- iOS and Android. This Adarsh Credit mobile app has been used by almost 1 lakh advisors of Adarsh Credit since December 2017. Moreover, a surge of 60% has been witnessed in the ‘intra-day transactional revenue’ through the mobile application.

Based on the award-winning IBM technology, Streebo DX Accelerator platform is perfect to shape up our dream of revolutionary digital transformation. And we at Adarsh Credit are all set to compete with the world-class financial mobile apps in order to make Adarsh Money best of all.

Highlights of 2017

Top highlights about Adarsh Credit from the year of 2017

This year is about to end in a few days and 2018 will begin. With immense pleasure, we announce here that Adarsh Credit Co-Operative Society Ltd. has progressed at a great pace in the year of 2017. With a lot of achievements, awards and associations; Adarsh Credit has reached the pinnacle in the sector of Indian credit co-operative societies.

Let’s have a quick look at top 5 highlights from the year 2017:

1. Adarsh Credit associates with Oxigen 

In line with ‘Digital India’ dream envisioned by our Prime Minister, Adarsh Credit Co-Operative Society has taken a great step towards making the country digital. Adarsh Credit has tied up with Oxigen Services– a leading name in payment solutions provider. With Oxigen’s micro ATMs, Adarsh will soon reach the 2020 target of acquiring 100000 new villages which will have access to broad financial services.

2. Adarsh Credit won the Enterprise Mobility Award 

During a technical conference held at Pune, this award was given to Adarsh Credit Co-Operative Society Ltd. by the renowned Indian Express Group. Many other banks and financial institutes enrolled too for awards in different categories from which we won this award.

3. Tremendous support to ‘Rally for Rivers’ 

We all at Adarsh Credit Society enthusiastically supported the campaign ‘Rally for Rivers’. To save our rivers, this campaign was started by Shri Sadhguruji in association with the Isha Foundation which covered 23 events in 16 states, in total.

4. New corporate office in Ahmedabad 

Adarsh Credit opened the new corporate office in Ahmedabad. We at Adarsh Credit have a target of opening one lakh micro-branches in India to provide financial services to rural regions till 2020. Designed to reflect the personality of our business, this new office brings all departments together. The office is designed to help boost employees their productivity and, in turn, adds to the company’s growth.

5. Daily practice of National Anthem recitation 

We at Adarsh Credit have incorporated an innovative effort to start our day with the National Anthem. According to this unique practice, we recite national anthem every morning at sharp 9.35 after which we all start our day. This innovative effort really gives us positive energy and encouragement to do new things.

Looking forward to more successful 2018…[:]

MD Bday - Adarsh Credit

Adarsh Credit’s MD celebrated his birthday in a unique way

Usually, what do you do on your birthday? How do you celebrate it? Friends, parties, dinners, cakes, gifts and a lot of other things, right? But we at Adarsh Credit are somewhat different. We believe to do good things and spread positivity around us. Our MD Rahul Modi has recently added one more year to his age. Congratulations to him, first of all!

He is an amazing person and such an amazing was the way in which he celebrated his birthday! Adarsh Credit has always believed in doing something for the betterment of the society and communities. We strongly believe that apart from our business and morals, we must also give significance to serving the humanity. To continue it, Adarsh Credit Co-Operative Society always remains active through Adarsh Charitable Foundation to continue serving the society and the nation.

Unique birthday celebration

Our MD and CEO Rahul Modi also have such noble beliefs and hence, he decided to celebrate his important day in a unique way. He celebrated his 32nd birthday in an old-age home called Anubandh in Jodhpur. All the elders in this old-age home heartily welcomed Mr Modi and he touched their feet and took blessings for his birthday. Not only this, but he also gave a donation to this organisation of things which they were really in need of. Moreover, in order to facilitate easy transportation to the elders here, Mr Rahul Modi also gifted a brand new car.

Apart from this, Mr Modi also distributed fruits and biscuits to the needy ones in the areas surrounding all the branches of Adarsh Credit Co-Operative Society.

In this techno-savvy world, while we are living a busy and fancy lifestyle, Mr Rahul Modi spent time and chose a unique as well as simple way to celebrate his birthday.

To join us, become a member of Adarsh Credit or join us as an advisor.[:]

The day begins at Adarsh Credit with the National Anthem

If you are associated with Adarsh Credit Co-Operative Society in any way, you must know how pro-active we are in whatever we do. Whether it is about the society or the nation, we always do the best. Adarsh Credit has always kept the nation first before anything else.

We at Adarsh Credit have always believed to keep the nation before our society. Through various efforts, we have made sure that we do every possible thing for the economic development of the country and to promote digital transactions. We believe to be committed to the country’s development.


Every morning at Adarsh Credit is patriotic

Adarsh Credit is patriotic

According to Adarsh Credit society’s Managing Director Rahul Modi, no religion is higher than nationalism in this world. And similarly, nothing can start our day better than the national anthem. Yes! We have incorporated a unique practice to start every working day at the office with the singing of India’s national anthem. At 9:35 am every morning, our national anthem ‘Jana Gana Mana’ is played, all at Adarsh Credit sing it and then, the work is begun.

The patriotic impact

When the day starts with positive energy, the importance of that day increases. This 52-second national anthem reciting fills us with energy to actively work throughout the day. The philosophy behind this small but proud patriotic step is that reciting national anthem every day gives all of us positive energy to start our day. It also builds new opportunities and gives us the energy to conquer the challenges. We all love this practice so much that we literally wait for the moment when our clock shows 9:35 am. National anthem infuses energy and positivity within us along with the inspiration to do something new.

https://www.youtube.com/watch?v=AYbNzXGid2Q&feature=youtu.be

Apart from this, we also have the practice to do all the professional communication in our national language Hindi which keeps all of us attached to our country.

In future, we are looking forward to bring in more such unique practices into the system. You can connect with Adarsh Credit by becoming our member or a financial advisor. Connect now!

child-education-adarsh-credit

Adarsh Credit supports inclusive childhood education

Adarsh Credit Co-Operative Society Ltd. is one of the best co-operative societies in India leaving no stone unturned when it is required for society’s welfare. The society is very much active in performing very well to carry out several betterment activities such as adopting Anganwadis, promoting women education, youth’s skill development, launching blood donation camps, supporting tribes with their health, various donations in medical and healthcare sectors, emergency relief work and much more.

 

Adarsh Credit has adopted 12 Anganwadis in Sirohi, Rajasthan in order to enhance the quality of early childhood education. The flagship project of developing the Anganwadi model has already been begun in Sirohi. Through Adarsh Charitable Foundation, Adarsh Credit has set up a standard for the children’s education in rural areas.

 

Adarsh Credit believes that children must be given right education and be taught the importance of several life values so that they can become good human beings in future. To take this aim further, Adarsh Credit throws light in three key areas:

 

  1. Adarsh Credit supports quality of learning

Play-based learning has been introduced by Adarsh Credit for the rural children. Each Anganwadi has been provided a local female support teacher known as ‘Adarsh Shikshika’ who is well-trained in play-based teaching. Apart from this, Adarsh Credit also distributed bags to children to cut their costs and promote the childhood education. Also, we launched two books containing poems and stories for children in the Anganwadis.

 

  1. Supporting infrastructure development

In order to establish an encouraging environment for the children, we have also equipped several Anganwadis and made required infrastructure repairs. With a vision to reduce carbon footprint, solar energy is used for all electricity requirements in some Anganwadis in Rajasthan. This counts a small but definite effort towards sustainable development.

 

  1. Adarsh Credit provides nutrition supplements

For healthy education, it is so required that children get nutritious food. Apart from what Anganwadis provide their students as mid-day meals; Adarsh Credit makes sure that they don’t suffer from malnutrition. This is why we provide these children required nutrition supplements.

In brief, Adarsh Credit Co-Operative Society Ltd. supports inclusive education that should comprise of learning life values, ethics and building the great personality apart from regular academics.

To connect with our society, become a member of Adarsh today!

Enterprise Mobility Award to Adarsh Credit

Enterprise Mobility Award to Adarsh Credit Co-Operative Society

As you all know, Adarsh Credit Co-Operative Society is named among the best co-operative societies in India. We, at Adarsh Credit offer varied financial products and services. Whether you are a housewife or a successful entrepreneur, we have investment schemes for all the dreams and needs.

The best proof of our best-quality financial services is the awards we get. Yes, we are immensely proud if all our advisors and members with the support of whom we have emerged as such a successful credit co-operative society in the country. There is a huge list of awards that we have won and this time, one more feather is added in our cap.

Enterprise Mobility Award to Adarsh Credit

Adarsh Credit has recently won the Enterprise Mobility Award from the renowned Indian Express Group. On behalf of the organization, our Mobility Chief Mr. Sameer Modi and IT Head Mr. Ramlal Arya received this award which was presented by Mr. Tapan Singhal, MD and CEO of Bajaj Allianz General Insurance. This award holds utmost importance because it was presented during a technical conference held at Pune. Many other banks and financial institutes also enrolled for awards in various categories from which Adarsh Credit Co-Operative Society was selected to give this award.

Adarsh Credit in the News

Adarsh Credit in the News

We hereby happily share with you that many newspapers have covered this achievement of Adarsh Credit. Above are the news clippings of two such newspapers who have published this story. You can read full story here:

  1. http://bit.ly/2ykc08o(Udaipur Dainik Bhaskar)
  2. http://bit.ly/2xDDOFK(Rajasthan Patrika)

On this prestigious occasion, our MD and CEO Mr. Rahul Modi mentioned that we are continuously contributing to promote mobility and digital transactions. And this Enterprise Mobility Award is a compliment for our great efforts.

This is not for the first time that we have received an award. For our good acts and CSR activities, we keep getting such awards and accolades. To know about them, keep regularly watching Adarsh Credit’s blog page.

Adarsh Credit to help Anganwadi children

Adarsh Credit to help Anganwadi children with character building and intellectual development

Adarsh Credit Co-Operative Society is named amongst the most leading and renowned co-operative societies of India. Apart from the core operations and functionalities, we always try to give our 100% when it comes to serving the society. We understand our corporate social responsibilities and look forward to geting involved in such activities when required for the society’s welfare.

Education is the most important to make a good person. We at Adarsh Credit understand this very well and hence, we support character building and intellectual development of the youth.

Adarsh credit adopted ‘Nandghar’ in Goyali

Adarsh Charitable Foundation has adopted many schools and Anganwadis across the country. This time, it’s ‘Nandghar’ in Goyali village of Sirohi, Rajasthan. Its inauguration took place last month by Anita Bhadel, Honourable Minister of Women and Child Development , Rajasthan Government.

On this prestigious occasion, she appreciated the efforts put in by Adarsh Credit Co-Operative Society to encourage primary education in the society. She also said that it’s a huge responsibility to think for the youth’s intellectual development and character building in which Adarsh Credit is performing very well. If the Adarsh Credit Co-operative society helps other 140 schools of the district, this entire support will be remembered by everyone as the ‘Adarsh Project’.

Tremendous efforts put in by Adarsh Credit

Adarsh Credit has adopted 12 Anganwadi schools and in all these education institutes, children’s overall development is happening by providing three main requirements- fundamental facilities, greatest education and finest nutrition. School uniforms have also been provided by the Adarsh Credit to Anganwadi children. On this note, Honourable Minister Anita Bhadel suggested if these uniforms are re-distributed before the term starts, children’s interest to join the schools would even grow more. We at Adarsh Credit Co-operative Society Ltd.have also decided to help government schools with their infrastructure development and repairing. For this, we would be happy to give 75% of the entire expense.

All these efforts will be contributed for the shining futures of our young generation. Ultimately, these efforts will help them build a good character and grow as good human beings, which is indeed essential for development of any country.

Want to connect with Adarsh Credit? Fill the membership form, now!