About Us

"सुरक्षित बचत, उज्जवल कल।"

A co-operative society is often a voluntary association of individuals who come together with the intention to work together and to promote their economic interest. These societies work on the principle of self-help as well as mutual help.

The Govt. of National Capital Territory of Delhi has made efforts to prepare co-operative laws to make cooperative societies a viable economic movement, encompassing simultaneous growth in the field of socio-culture, information technology, health, education through the medium of cooperative societies. Therefore, the Delhi Cooperative Societies Act, 2003 has been enacted which aims to consolidate and amend the laws relating to cooperative societies. It facilitates the voluntary formation and democratic functioning of cooperatives as people’s institutions based on self-help and mutual aid to enable them to promote their economic and social betterment.

The Laxmi State Co-Operative Urban Thrift & Credit Society Ltd. is a cooperative credit society registered with the Registrar, Cooperative Societies, Delhi, bearing Registration No. 10889/Sec-IV/T/C/2024 Dated 20-09-2024. It runs under the provisions of Delhi Cooperative Societies Act, 2003, Delhi Cooperative Societies Rules, 2007. It is functioning as per the registered bye-laws and business policies framed by the General Body of the society. The aim and objective is to undertake thrift & credit business amongst its members only. The society caters not only financial needs of its members, but also works for the social, cultural and educational development of the members and their dependants.