Shree Vishweshwar Sahakari Patpedhi (SVSP) has begun their operations on the basis of ‘Social Work’ with a motive to support and help its Members to raise their Standard of Living along with their Economic Growth. We firmly believe that whatever we have achieved would not have been possible without the trust and support our Members. We also believe that our objective is not only providing higher Interest on Deposits and declaring higher Dividends but we also endeavor to support our Members during their bad times to encourage them to fulfill their dreams & goals and at the same time it is our duty to encourage them and their family members (especially kids) for their achievements. For this purpose we have allocated different types of Social Welfare funds like Members Welfare Fund, Education Fund, Staff Welfare Fund and Lokopyogi Fund are among few of these. SVSP also extends its hands of support through financial help during natural calamities.

Education Encouragement Fund :
To encourage our Members to motivate themselves and their children towards education and motivate them to excel in their studies towards Higher Education, Competitive Exams, Sports and Arts; we use this fund to felicitate them and finance them (on case to case basis). This is scheme is offered to students appearing and passing Scholarship Exams (4th& 7th Std.), Elementary & Intermediate Exams, SSC or equivalent Exams, HSC or SSC+2 Exams, Graduation and Post-Graduation from Govt. Recognized Institution / University and also to children excelling in Arts and Sports at District / State / National / International levels. Members are required to submit a written application along with attested mark sheets / certificate in SVSP’s office during the declared dates from time to time (please refer SVSP’s notice board for the same):

Felicitation Prizes :

1. Scholarship Exams / Elementary & Intermediate Exams (4^th& 7^th Std.) – Rs. 400/-
2. SSC or Equivalent Exams - Rs. 500/-
3. HSC or SSC+2 Exams – Rs. 600/-
4. Govt. Recognised Institution / University (Graduation / Post Graduation Exams ) – Rs. 1000/-
5. Excellence in Arts & Sports Competitions – Rs. 700/-

Financial Aid to Members: (During Hospitalization, Natural / Accidental Death):
In case of death of a Member, to extend some kind of financial support to his / her legal heir, SVSP uses this Fund. This Fund is also utilized to support Members during Hospitalization due to a severe disease or when they have to undergo any major Surgery. SVSP reserves its right to claim this amount in case of any defaults or to recover any financial obligation due to SVSP..

Benefits under this Scheme :

1. In case of Natural or Accidental Death of an official Member of SVSP, their legal heir can claim a sum of Rs. 3000/- with a written application within 60 days of the event along with attested copy of Death Certificate
2. If any Member is suffering from any severe disease and he is on prolonged medication or he / she has to undergo any major surgery, an official Member can claim a sum of Rs. 5000/- towards his medical / surgery expenses (claim frequency – one time only)

To avail the benefits under Education Fund & Members Financial Aid Fund below perquisites are to be followed:

1. A Member should have completed one year of his Membership.
2. A Member is required to hold minimum shares of SVSP worth Rs. 3000/- or Rs. 5000/-
3. A Default Member is not eligible for these benefits.
4. At a time only one child is eligible for Education Encouragement Fund.

Staff Welfare Fund :

• As a social responsibility a support is extended to the permanent Employees of SVSP’s Mumbai City and their family members (Spouse, Parents and 2 Children) in case they met with an accident or natural calamities
• In case of any critical illness or major surgery they are provided financial support from SVSP

Lokopyogi Fund :

• This fund is utilized during a situations like National Disaster ( Flood, Earthquake, Drought, War & Diseases of Epidemics ) by way of financial aid to Central Govt., State Govt., Municipal & Social Aid Institutions
• To help Educational and Social NGOs within the operational territory of SVSP

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