An interest at 4.00% per annum on the savings account balance is credited on half yearly basis.
FD maturity alerts are being sent to depositors by SMS on their registered mobiles.
Subject to the provisions of the by-laws every member is eligible for loan from the society.
Rendering financial assistance as an act of benevolence to the nominee of the member in the event of his/her death.
Upliftment and development through co-operation
NABARD Employees' Co-operative Credit Society Ltd. was registered on 20th July 1984 under the Maharashtra State Co-operative Act, 1960 to cater to the needs of NABARD employees by timely supply of credit. The Society was inaugurated by the then Chairman of NABARD, Shri R K Kaul on 06 August 1984. Since then, the Society has had phenomenal growth and impressed by the performance of the Society, the employees of NABARD, stationed all over the country started demanding that the Society’s area of operation be extended to all over India. In response to this demand, the Society was registered under the Multi-State Co-operative Societies Act, 1984, on November 1991. Ever since, there has always been an upward trend of growth due to the patronage of NABARD and sustained participation of its members.
It is a matter of pride that the Society has consistently earned ‘A’ class audit classification.
Let the numbers speak for us and our happy clients
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C-24, 'G' Block, 1st Floor, NABARD Head Office, 'E' Wing, Bandra - Kurla Complex, Bandra East, Mumbai, Maharashtra 400051