Established 16 Feb 1974
Empowering your savings, securing your future
Your own co-operative society in Vadodara since 1974 — safe deposits, attractive interest and easy loans.
Established 16 Feb 1974
Five decades of trust
From a small rented room to our own building — built on the support of our members.
Sindh Co-Operative Credit Society Ltd.
“No progress without co-operation”
- 9,957Members (March 2025)
- 52+Years of service
- 14Deposit & loan schemes
Established 16 Feb 1974
Up to 5.75% on fixed deposits
Senior citizens and Indian soldiers earn an extra 0.50%. Recurring deposits earn up to 6.50%.
Established 16 Feb 1974Reg. No. Se.-2788
About us
A journey of co-operation since 1974
Sindh Co-Operative Credit Society Ltd. was founded in Vadodara on 16 February 1974 by 14 founder members, under registration number Se.-2788.
It was born to help Sindhi traders and the weaker sections of the community — ruined by Partition and the riots that followed — stand on their own feet again through mutual co-operation. The journey began in a small rented room and has today reached the society’s own building, Sindh Samrat Raja Dahirsen Bhavan, in Sant Kanwar Nagar, Varasiya.
Today the society serves thousands of members through savings, compulsory savings, fixed and recurring deposits, daily savings, lockers and a range of loan schemes — and supports them with education prizes for their children, bereavement assistance and a daughter-birth gift.
- Founded by 14 members
- Trusted by 9,957 members
- Our own building
- +0.50% for seniors & soldiers
At a glance
9,957
Members (March 2025)
52+
Years of service
14
Deposit & loan schemes
14
Founder members
3.00%interest
Savings Deposit
An everyday savings account with interest and easy withdrawals.
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5.00%interest
Compulsory Savings
A regular compulsory savings scheme that builds financial discipline.
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5.75%up to
Fixed Deposit (F.D.)
Deposit for a fixed tenure with assured higher interest.
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6.50%up to
Recurring Deposit
Deposit a fixed sum every month and earn interest over time.
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3.00%interest
Daily Savings (Pigmy)
Small daily deposits that build a regular savings habit.
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Locker Deposit
Secure lockers for your valuables and documents.
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12%interest
Personal Surety Loan (Jat Jamin)
Loans up to ₹1,50,000 with two guarantors, repayable in up to 40 instalments.
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11%interest
Hire Purchase (Vehicle) Loan
Instalment finance up to ₹10 lakh for two-, three- and four-wheelers.
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9%interest
Loan against Deposit
Quick loans up to 75% of your pigmy / deposit, for personal or business use.
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PM Loan
Government-backed loan schemes for small businesses and individuals.
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10%interest
NSC / KVP Loan
Loans up to 75% against National Savings Certificates or Kisan Vikas Patra.
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Employee Loan
Low-interest loans for salaried members.
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12%interest
Immovable Property Mortgage Loan
Loans up to ₹15 lakh against land, a house or other immovable property.
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Micro Loan
Small loans that support individuals and small businesses.
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Interest rates
View allDeposit interest rates
| Deposit | Rate |
|---|---|
| Savings deposit | 3.0% |
| Pigmy (daily) deposit | 3.0% |
| Compulsory savings | 5.0% |
| Shares (dividend) | 12.0% |
Fixed deposit rates
| Period | Rate |
|---|---|
| 12 to 24 months | 5.25% |
| 25 to 36 months | 5.50% |
| 37 months and above | 5.75% |
Senior citizens and Indian soldiers get an extra 0.50% (on deposits above ₹10,000 for at least 1 year).
Recurring deposit rates
| Period | Rate |
|---|---|
| 12 months | 6.00% |
| 13 to 24 months | 6.25% |
| 25 to 60 months | 6.50% |
Loan interest rates
| Loan type | Amount | Rate |
|---|---|---|
| Loan against pigmy deposit | up to 75% | 9% |
| Personal surety loan | up to ₹1,50,000 | 12% |
| Vehicle loan | up to ₹10,00,000 | 11% |
| NSC / KVP | up to 75% | 10% |
| Immovable property loan | up to ₹15,00,000 | 12% |
Rates are subject to change. Please contact the society for exact details.
President's message
The journey from a small rented room to a strong, independent institution truly bears witness to the spirit of co-operation.
Shri Ramesh Metharam GyanchandaniPresident · Advocate & Notary, Asst. Govt. Pleader
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Member services
Beyond deposits and loans — for every member family
Safe deposit lockers
Small, medium and large lockers in the society’s own vault.
Bereavement assistance
Financial help is paid to the heir of a member who passes away during the year.
Daughter-birth gift
The society shares the joy of a daughter’s birth in a member family with a gift amount.
Education prizes
Every year, members’ children who score well in their studies are awarded prizes.
Festivals & national days
Flag hoisting on 26 January and 15 August; Cheti Chand, Ganesh Utsav and Lakshmi Puja on Dhanteras — all members are welcome.
Extra interest for seniors & soldiers
Senior citizens and Indian soldiers get an extra 0.50% (on deposits above ₹10,000 for at least 1 year).
Board of Directors
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Notice board
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NEW53rd Annual Report 2025-2026 is out
The society’s 53rd Annual Report (2025-2026) is now available. Members can download it here or collect a copy from the office.
25Oct
Extra 0.50% interest for senior citizens and Indian soldiers
Senior citizens and Indian soldiers get an extra 0.50% (on deposits above ₹10,000 for at least 1 year).
25Oct
Office hours: 10:00 am to 6:00 pm
The office is open from 10:00 am to 6:00 pm (lunch 1:00–2:30 pm, recess 2:00–2:30 pm). It is closed on public holidays and on the 2nd and 4th Saturday…
Annual General Meeting — 22 June 2025
All members of Sindh Co-Operative Credit Society Ltd. are informed that the society’s Annual General Meeting will be held on Sunday, 22 June 2025 at 1…
Photo gallery
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Plan with our calculators
Work out your loan EMI and deposit maturity instantly
- Loan amount
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- Total interest
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- Total payment
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Figures are indicative. Please contact the society for exact terms.
Our bankers
The Baroda Central Co-op. Bank Ltd.Mandvi branch
State Bank of IndiaHarni–Varasiya Ring Road branch
Rajkot Nagarik Sahakari Bank Ltd.
IDBI BankRaopura branch
Union Bank of IndiaMakarpura branch
ICICI BankSayajipura branch
Become a member today
Call or visit us for anything about deposits, loans or lockers.