Rajlaxmi Multi-State Credit Co-operative Society; is the Maharastra State based Co-operative movement of Maharashtra State. It was established on 2nd June 2000 with a very small capital of Rs. 29700. Initially a venture of Middle Class – 2nd inning players, now an eternal breathe of thousands in Yavatmal and its suburbs of Maharashtra State. The slogan of Co-operative movement “Co-operation has failed –Long Live Co-operation” has totally been obliterated by this Society and swung into nearest State of Andhra-Pradesh to recognize as a Multi-State Venture just within a decade. Rajlaxmi is now ISO 9001 – 2008 branded for its Quality Management System by International Standards Organization. Our Multistate Society has implemented and Preferred “CORE BANKING TECHNOLOGY”, which result in prompt, quality and accurate services to our customers from any branches.
Shri Arvind Tayade, the founder Chairman of the Society, is the pioneer person to launch such co-operative credit Society at Yavatmal. It was due to his consistent hard efforts the Society has taken the present shape. He has a realization of sufferings of poor class of the society. Influenced by self help motivation, he struggled for the financial prosperity of the downtrodden class. Small loans, easy repayment schedule are the culture of the Society. Hence the society has fastened its grip on the horizon of heart of Maharashtra Region.