The Main Activities Of The Society are
- Accepting deposits from the members
- Advancing jewel loans upto a maximum of Rs.20.00 Lakhs.
- Advancing loans for discharge of prior debts on the Mortgage of houses upto a maximum of Rs.20, 00,000/- Lakhs in Corporation area and Rs.15, 00,000/- in Municipal areas and Rs.10,00,000/- other than Corporation and Municipal areas.
- Promotion and Marketing of House Site and Flat Housing Schemes.
Society HIGHLIGHTS
MENTION A FEW OF THE HIGHLIGHTS OF THE SOCIETY IS THAT THIS SOCIETY WAS THE
- First to launch lending of House Mortgage loans / Jewel Loans among Co-Operative Housing Societies.
- First to computerise its entire system of functioning.
- Only one society having Managing Director in the cadre of Deputy Registrar.
- First Society to launch House Site / Flat Housing Schemes.
- First Society to get an ISO 9001-2008 Certification
Main Features
Management Team
- The Management of the society vest with President along with 10 elected board of directors.
- The affairs of the society is manned by its Cheif Executive Officer assisted by two Managers and other employees.
- Society is having the services of swiss replica watches a Cooperative Sub-Registrar on F.R.127 terms for property inspection and loan recovery by Arbitration and Execution and one Cooperative Audit Officer under FR 127 terms for auditing.
Award Winnings
- The Society was continuously selected as the best working society by the District Cooperative Central Bank, Tamil Nadu Cooperative Housing Federation, Tamil Nadu Cooperative Union and by Government of Tamil Nadu.
Society self reliant
- Society is self reliant for lending from its own deposits and own funds and has No borrowings from its federal/any financing agency.
working profits
- Society is working in profits since it inception and is also awarded
- “A" Class Society in Audit conducted by the Director of rolex replica Cooperative Audit.
- The society declares maximum Dividend @ 14% every year to the members (The Highest rate of dividend as provided in TNCS Act and Rules).
Miles Stones in the History of Society
Merging new age ideas with old world traditions
1937
1962
1972
1987
2012
Silver Jubilee Celebrations
In the year 1937, Alter celebration details must to addon Society celebrated its Golden Jubilee under the Presidentship of the then Honourable Chief Minister of Tamil Nadu Shri.K.Kamaraj.
Golden Jubilee Celebrations
In the year 1962, Society celebrated its Golden Jubilee under the Presidentship of the then Honourable Chief Minister of Tamil Nadu Shri.K.Kamaraj.
Diamond Jubilee Celebrations
In the year 1972, the Diamond Jubilee was celebrated under the Presidentship of His Excellency Thiru. V.V.Giri the then President of Indian Union. His Excellency Thiru. K. K. Shah, the Governor of Tamil Nadu also participated in the function.
Platinum Jubilee Celebrations
In the Year 1987, the Platinum Jubilee was celebrated under the Presidentship of His Excellency Thiru. Dr. P. C. Alexandar the then Governor of Tamil Nadu. Now the society is marching forward after completing its Centenary.
Centenary Jubilee Celebrations
In the year 2012,Alter celebration details must to addon Society celebrated its Golden Jubilee under the Presidentship of the then Honourable Chief Minister of Tamil Nadu Shri.K.Kamaraj.
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