A TRULY CREDIT CO-OPERATIVE MULTI-

STATE SOCIETY
Adarsh Credit Co-Operative Society Ltd. is, in every sense, a truly credit co-operative society. Adarsh
started its operations in the year 1999 as a co-operative society primarily catering to the local
masses in Rajasthan who came majorly from agricultural background. With a mission to uplift the
weaker sections of the society from the rural areas of the country, Adarsh never shies away from
exploring and embracing the latest techniques and technologies. Owing to this fearless approach, we
have become the only credit co-operative society in India which has launched its own mobile
application, accounting for over 99% of our business transactions.

In February 2008, we received the status of Multi-State Co-operative Society by the Ministry of
Agriculture, Government of India. Adarsh boasts of having mutual status, which means we are
owned by and run for the benefit of our members. Be it the branch network, advisor strength or
deposit procurement, Adarsh is second to none in the credit co-operative sector. We take pride in
powering India’s co-operative movement by ‘financial inclusion’ with more than 800+ branches, 2
million members, 3.7 lakh advisors, and almost Rs. 8,410 crores of deposit

Vision

The objective of the society is to enhance the social and financial status of its members by
inculcating saving habits and a spirit of cooperation amongst them.

Mission

To establish and become the pioneer in co-operative movement through high quality standards,
member centric, service driven processes to pave the way for progressive India.
CORE VALUES

 LEGAL SECURITY

 COMPLETE TRUST AND TRANSPARENCY

 ROBUST TECHNOLOGICAL STANDARD

 HIGHEST TRAINING STANDARD

 TRUSTED ADVISOR NETWORK

Flood relief distribution in Bihar

Vocational Training being given to
the members

Recruiting volunteers at Chandigarh

Village Activity near Indore

Membership
HOW DOES OUR MEMBERSHIP WORK?

To become a member of Adarsh Credit Co-operative Society Ltd., you are required to apply for
atleast one share of the Society having face value of ₹ 10, subject to Society Management approval
for allotment. This gives you the right to participate in the management process of the organization
through the (Annual General Meeting) A. G. M. other than various other rights. You can otherwise
also post your suggestions for improving the functioning of the society. Our society works like a well-
oiled machine and we understand each other so well that we treat all our members as part of
“Adarsh Pariwar”. Because of the avowed objective of this initiative, when we committed ourselves
to ensure welfare of our membership through financial support we are improving the standards of
life and rendering all possible technology driven financial services under one roof.

WHO CAN BE A MEMBER OF THE SOCIETY?

Any person, who has attained the age of 18 years, is capable of entering a valid contract, not a
member of any other Credit Co-operative Society, not punished for any criminal offence by the
court of law, a resident of India (Except Andaman and Nicobar Islands, Dadra and Nagar Haveli
and Lakshadweep).
 Working

In ACCS Ltd. we work only with members.

 Any person may be admitted as a member if he/she is an adult as per law, able to
enter into legal contract and resides within the area of operation of the society or is
engaged in any occupation/service within the area of operation of Society.

 Every member must hold a single share of Rs. 10/-. Also we have different share
capital investment schemes ranging from 1 year to 10 years.

 After the completion of the tenure, the withdrawal can be done on same day of
maturity and amount of investment transferred to the concerned saving account within
few minutes after submitting the withdrawal application.

 Every member of the society shall have the right to one vote in the general body
meeting, irrespective of the number of shares he/she holds.

 In case of death of member the share capital investment amount can be transfer to
his/her nominee. The transfer is not complete until the name of the transferee has been
duly entered in the register of members of the Society.

 Dividend is paid by society to members on their investment in share capital.

The details of paid dividend by Adarsh credit for last 10 years is as

under

YEAR DECLARED DIVIDEND

2013-2014 20%

2014-2015 20%

2015-2016 15%

2016-2017 16%
Performance

Our investors are the ones who keep us going, no matter how the situations are! Hence,
it is our responsibility to be completely transparent with all the processes, policies and
results at Adarsh Credit Co-operative Society Ltd. Here are some detailed reports that
narrate the incredible growth story of ACCS.

Net Profit (In Crores)

CAGR 30%

Adarsh Credit Co-operative Society Ltd. has shown tremendous growth and made consistent net
profit at the rate of 30% CAGR for the last 5 years.
 Share Capital & Reserves
(In Crores)

Adarsh Credit Co-operative Society Ltd. has successfully maintained a healthy share capital and
reserve of Rs. 2,848 crores for the financial year 2017-18.

Number Of Members
(In Thousands)
Products & Services

MAJOR PRODUCTS

Opening a Savings Account (SA) at Adarsh Credit

Co-Operative Society comes with many added
privileges compared to other co-operative societies
and banks. Adarsh provides a No Frills Account to
members, i.e. the members can operate the account
at zero balance too. Additionally, you also get annual
6.75%* of savings account interest rate which is
compounded on a quarterly basis

Savings Account (SA)

Current Account (CA) opens up a world of

possibilities for members with numerous benefits
second to none. This No Frills Current Account lets
members keep it active even at zero balance.

CurrentAccount (CA)

SIP ( Systematic Investment Plan)

SIP account lets member’s deposit a fixed installment every month on which they earn a cumulative
return (Yearly Compounding) on maturity. Adarsh provides SIP interest rates depending on the
tenure of the SIP.
Fixed Deposit (FD)

Daily Deposit (DD)

Even the smallest savings count on a rainy day. Daily Deposit Scheme is a popular product which
works on the same philosophy. With as low as ₹ 10 per day, you can save enough money
through DD scheme along with earning an impressive interest as well. It is popularly known as
Pigmy Deposit.