Currently SVSP is operating in fully air conditioned office at Lower Parel, which is on lease and owned by Teli Seva Samaj, the promoter of SVSP. SVSP owns two premises in Jogeshwari East and Malad East, one at Bhandup West which is on lease.

SVSP’s total turnover has crossed Rs. 35.82 Crs till December 2017 having Paid-up Capital of Rs. 2.73 Crs with Investments worth Rs. 10.65 Crs in Co-operative Banks and total disbursed loan close to 23.11 Crs. After making adequate provisions for NPAs, we have succeeded in maintaining high level of transparency in our Business operation. You will also appreciate that while taking business to these levels, SVSP has not borrowed any funds for purchasing new premises in Malad or to fulfill its members requirements.

SVSP has been declaring dividend worth 12% year on year but from the financial year 2014-15 we have raised this bar to 13% after obtaining consent of the AGM. Most of our members have helped us to garner good amount of savings for SVSP and earned higher interest than our peers which is the result of the amount of trust and affection SVSP could generate in their members, resulting which the fixed deposits have touched the magical figure of Rs. 25.70 Crs.(till Dec 2017)

SVSP is also aware of its Corporate Social Responsibilities (CSR), In SVSP, we do believe that we owe to Society. We have arranged different training programs for our staff, directors & also for our members. Every year under CSR we felicitate members and their Children for the achievements in academics, sports, arts & other activities. In case of death of any member, SVSP also provides a financial support to their legal heirs (as per the norms) from member welfare fund.

Currently SVSP is offering services like savings A/c, recurring A/c, daily deposit (Collection) A/c and fixed deposits for various tenures. We are sure that these services offer higher benefits than many other financial institutions. We also provide loans under different categories like emergency loan, personal loan, education loan, vehicle loan and business loan. We have also started housing loan with an increased limit to Rs. 50 Lakh from 10 Lakh. We are disbursing Gold Loan within an hour. Thus, SVSP is truly acting as a Wish Fulfilling Divine Tree for the Society and its Members.

We are looking forward to spread our presence to entire Mumbai City and also endeavor to enter different regions like Thane, Raigad, Ratnagiri and Sindhudurga, the process for the same have already begun before the Registrars of Credit Societies. If you have any enquiry please click here Enquiry.
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