Badri Kedar Co-operative (U) Thrift and Credit Society Ltd

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The Co-operative institution ensures upliftment of financially weak individuals who have meager resources. In a co-operative they can themselves promote their economic interest by self help and mutual help. The very purpose of co-operative, means to pool the resources of otherwise weaker sections and to make a suitable place for them in the society with dignity. The thrust is on earning profit, which is finally distributed equally amongst its members but ultimately profit is not the real motive of any co-operative

Keeping this philosophy in mind, The BADRI KEDAR Cooperative Urban Thrift & Credit Society Ltd. was started under Registration No 10004/ E with barely two hundred members at the time of inception by Founder of the society Sh. Kirpal Singh Negi. The society was created to lend funds to its members for the promotion of their moral, educational and physical improvements and to encourage the spirit and practice of thrift, self help and mutual help with no profit motive among members. The Society disburses three types of loans to its members viz Ordinary Loan, Emergency Loan and Loan against FD. The Society takes deposits in way of Fixed Deposit, Double Money Scheme, Recurring Deposit, Compulsory Deposit and Optional Deposit.

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