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Employee’s Credit and Consumers Co-operative Society Ltd.

The GUNI Employees Credit & Consumers Co-operative Society Ltd. was established in the year 1999.

The credit society of Ganpat University is a staff welfare society that is created in Ganpat University. It accepts membership of only the employees of Ganpat University only, and all the members are shareholders of the society, hence credit society aims to provide maximum benefits to all the member employees. Presently credit society has more than 450 Members.

The objective of credit society is to support welfare activities, which are financial and non-financial in the nature.

Financial Welfare Activities:

To Promote regular savings: The saving amount deducted directly from salary and providing maximum possible interest on the savings. Easy and instant loan processing. Dividend on the shares

Non-Financial Welfare Activities:

Gift to all the members as and when decided. Providing the financial support to family members at the time of death of member. (Rs. 1000 contribute by every member). Preparation and distribution of hygienic and quality sweets and namkins to the members on the festivities. The credit society may do other activities on cost to cost basis for all the members.

Benefits Given to the Family of Deceased Employees by the GUNI Employees Credit & Consumers Co-operative Society Ltd.
Year No. of Beneficiaries Support Provided (in Rs.)
2004 1 52000
2009 1 80000
2014 2 329500
2016 1 166000
2021 4 1027500
Total (in Rs.) 1655000

Total no. of members as on date are 450 +