VINAYAK CREDIT CO-OPERATIVE SOCIETY LTD

BENEFITS OF VCCSL

Our vision is put into action through programs and a

focus, to create a better everyday life for the
Members, activities to mutual benefit of the society,
and a commitment to build shareholder value by
making VCCSL a truly sustainable company

Progressing rapidly to achieve set GOALS for the

financial year by rapid expansion in rural areas,
ensuring consistency in growth, 100% participation by
rural population in our training/skill development
programs.

VCCSL aims to be the most preferred and trusted

financial service provider, excelling in customer
service delivery through committed, caring and
empowered Human Capital
Vinayak Credit Cooperative Society Ltd.
 Benefits of Credit Cooperative Society

1. Mostly the liability of members is limited to the extent of capital contributed to the society by the
respective members. This way, if the society suffers financial loss, the members don’t have to bear the
fear of losing their private property. Vinayak Society Committing secured return
2. Formation of a credit co-operative society is simpler than any other business organizations. Any ten or
more adults can join together to form the society and even registration is simple and easy. Not much legal
formalities are required to maintain for its formation

3. In a credit co-operative society, there is an elimination of the middlemen which is why the operations
carried out by the society are economical. At minimum cost, the middlemen’s services are provided by
the members of the society. Also, the recurring and non recurring expenses are also very less

4. Members are provided with the best financial services at very reasonable cost. The society also caters
financial help to its members at minimal rates. They help their members to set up their production units.
For example, Credit Co-operative Societies help farmer members for their agricultural products.
BENEFITS OF VCCSL
BENEFITS OF VCCSL

High Value MICRO loans for Women Self Help

Group(SHG), partnership farming, Secured
Business Loan Power Tillers, and Combined
Harvesters, Collateral / Mortgage
PRESEGIOUS PROJECT - NAIMISH
PRESEGIOUS PROJECT ON NATIONAL HIGHWAY
 VCCSL PRODUCT CHART

Product Type Term Deposit

Eligibility Applicant must be a member of the society

INR 1,00,000 and above in multiples of INR

Minimum Deposit Amount
1,000

160% of the CONTRIBUTION

Maturity Value amount(Contribution - INR. 1,00,000 -
Realisation Value : 1,60,000)
Duration 3 years

NO LOAN AGAINST CONTRIBUTION FOR

Loan against deposit amount
INVESTOR

Premature withdrawal facility Not available up to 1year

After completion of one year, available as per
society’s terms and conditions
Nomination Facility Available
QTLY REALISATION VALUE PAYMENT IN EQUAL INSTALMENT BASIS CAN BE OPTED FOR ABOVE
INR. 5,00,000 contributions
 VCCSL ASSET BASED ASSURED RETURNS

Appreciation Realisation
Sl.No Contribution(INR) Tenure Appreciation %
Amount(INR) Amount(INR)

1 855000 60 1292000 2147000 251%

2 684000 60 1026000 1710000 250%

3 513000 60 755000 1268000 247%

4 342000 60 429300 821000 240%

5 171000 60 214000 385000 225%

6 85500 60 94050 179550 210%

 SPECIAL MIS

SPECIAL MIS

Lump Sum CONTRIBUTION amount Minimum contribution INR 50,000 and further in
multiples of INR 10,000

5&6 7 Years &

Duration 3 & 4 Years
Years Above

Rate of Interest 11.50% 12.50% 15.00%

If quarterly payment option opted for Above 5Lacs Contributions, Principle part payment will be disbursed along with INT
amount – Refer to Installment Table
 CAREER PLAN - FIELD REPRESENTATIVES
36 40
60 TRIPLE
% MONTH MONTH Double Promoti
Months. (108
Cadre Distribu S S 72 Salary on Tgt Team Size
FDR Months
tion FDR/MI FDR/MI Months (In Lacs)
/MIS )
Sl.No S S

1 Field Executive 35.00% 4.2 5.71 7 7.6 10.5 1 0

2 Business Executive 12.10% 1.45 1.97 2.42 2.63 3.63 2 3 F.E.

ASSISTANT BUSSINESS
8.20%
3 MANAGER 0.98 1.34 1.64 1.78 2.46 3 3 B.E.
4 BUSINESS MANAGER 6.50% 0.78 1.06 1.3 1.41 1.95 7 4 ABM
ASSISTANT AREA MANAGER 5.50%
5 0.66 0.9 1.1 1.19 1.65 9 4 BM
6 AREA MANAGER 4.70% 0.56 0.77 0.94 1.02 1.41 10 4 AAM
ASSISTANT TERRITORY
4.20%
7 MANAGER 0.5 0.68 0.84 0.91 1.26 15 5 AAM
8 TERRITORY MANAGER 3.50% 0.42 0.57 0.7 0.76 1.05 25 5 A. M.
SENIOR TERRITORY MANAGER 3.20%
9 0.38 0.52 0.64 0.69 0.96 35
10 ZONAL MANAGER 2.80% 0.34 0.46 0.56 0.61 0.84 10000 45
11 Divisional Manager 2.50% 0.3 0.41 0.5 0.54 0.75 15000 55
12 State Head 2.30% 0.28 0.37 0.46 0.5 0.69 20000 65
13 Circle Head 1.90% 0.23 0.31 0.38 0.41 0.57 25000 70
14 Country Head 1.60% 0.19 0.26 0.32 0.35 0.48 30000 75
15 AGM 1.40% 0.17 0.23 0.28 0.3 0.42 35000 80
16 GM 1.30% 0.16 0.21 0.26 0.28 0.39 40000 85
17 President 1.10% 0.13 0.18 0.22 0.24 0.33 45000 90
18 Bronze Director 1.00% 0.12 0.16 0.2 0.22 0.3 50000 100
19 Silver Director 0.70% 0.08 0.11 0.14 0.15 0.21 75000 110
20 Gold Director 0.50% 0.06 0.08 0.1 0.11 0.15 100000 115+
100% 12 16.3 20 21.7 30
 VINAYAK CREDIT CO-OPERATIVE SOCIETY LIMITED

237K
/month

सहकार है तो सरु क्षा है NO- 1111B, 11TH FLOOR, I THUM TOWER- B

NOIDA SECTOR- 62, UP 201301