Adarsh Co-operative Credit Society - Cashless Dream Now a Reality!

“We will only succeed in bringing a Change, when we will Ourselves Change”, said PM Narendra Modi. India needs to bring a change, in everything. With RBI’s current statement stating the progress of opening the Unified Payments Interface (UPI) platform as a part of government’s digitization program, Indians can now relieve themselves from traditional banking methods and cash transactions. As of the date, no guidelines regarding the interoperability are issued by RBI, but have informed the citizens that the issue will be soon made public. With services, such as Interoperability and Know Your Customer (KYC), customers will now get access to direct transactions through digital payments wallets.
          This has been considered by Mukesh Modi’s Adarsh Co-operative Credit Society, who has already joined hands with the online payment wallet- Oxigen wallets, through its own online payment bank - Adarsh Money, making it more easy for the customers. With transactions that will play around through online wallets, cashless dream is near to become a reality for India.  Adarsh Money already has a tie up with Oxygen digital wallet and is powered by strong technology and innovation which will bring more people to the digital system and help promotion of digitisation in India. It is indeed a right step towards cashless economy.         
          Adarsh Co-operative Credit Society ltd has played an important role in connecting rural India to financial banking services through its mobile banking application “Adarsh Money”. This application has made it possible for the rural population to engage in online payment methods, instead of cash deliveries and has also lowered the cost through improving transparency in transactions. This application will also enable looking after the Adarsh Credit Co-Operative Society Ltd complaints. The Application has extended scope for Adarsh Credit Co-Operative Society Ltd to review over the complaints and suggest a remedy over the transaction or credit problems that are faced by the customers.  Such a development clears out the rumours relating to Adarsh Credit Co-Operative Society’s involvement in scandals and revives a trust in its customers who have kept faith in truth and who remained loyal.

Adarsh Money has been a revolutionary step by Adarsh Co-operative Credit Society, because it has changed the national viewpoint to look at Mobile banking or Online transactions. By availing this application throughout nation, Adarsh has erased the distance for the rural population to walk to a Bank and carry their transaction. With Adarsh Money, it has become an easy task to handle bank statements and accounts, in one click.  Adarsh Money provides variety of services in one hand such as money transfer, NEFT/RTGS to any bank account in India, mobile recharges, and digital transactions. Adarsh Credit Co-operative Society has a base of 1.7 million members and this kind of transition in technology has been used by the first and only co-operative society in India. Adarsh Money has been proved vital for its task accomplishment process, that cuts out the necessity of walking to a bank to carry out a certain financial task. With growing users for Adarsh Money, we can say that India’s dream for a Cashless economy is becoming a reality!

An Act to Protect Environment by Adarsh Credit Co-Operative Society Ltd.

Adarsh Credit Co-Operative Society Ltd. has been a part of several conversations, whereby rumours also cited Adarsh Credit Co-Operative Society’s involvement in various scandals and controversies. What the rumours did not cover is the fact that complaints at Adarsh Credit Co-Operative Society Ltd., has been attended regularly and are also given out solutions to cease out the problems faced by their members. Mukesh Modi, Founder of Adarsh Credit Co-Operative Society, believes in “carrying out a task without expecting for rewarding consequence.” This can be simply understood by the recent event that Adarsh Co-Operative Society held whereby Mr. Rahul Modi, MD, Adarsh Credit Co-operative Society inaugurated Adarsh Charitable Foundation on the occasion of World Water Day.

Speaking on the occasion Mr. Rahul Modi said that, “Water conservation is the need of the hour. Water is the source of life, without water there is no life. On the occasion of World Water Day, let us all take a pledge to save every drop of water. Inauguration of Adarsh Foundation office on the occasion of World Water Day is an important decision. For many years, Adarsh Credit Co-operative Society has always taken a lead in water conservation initiatives and has provided clean drinking water to needy people.”

With such an action towards environment protection, it can be said that Adarsh Co-Operative Society Ltd. reviews its work and maintains a responsibility about its existence and service towards the environment. Rahul Modi added that “All the field workers of Adarsh Credit Co-operative Society has pledge to donate Rs 1 every day from their commission to the Adarsh Charitable Foundation and every employee of Adarsh Credit Co-operative Society will also give significant contribution for Adarsh Charitable Foundation Initiatives.”

Mr. Rahul Modi also wished Adarsh Charitable Foundation with all success and hoped that it will work for water conservation initiatives, solve agricultural water crisis, and help in providing clean drinking water to needy people.

Mr. Biju Mathew, VP, Adarsh Charitable Foundation said that “Adarsh Charitable Foundation will expand its operations and provide charity services in other states of India and collaborate with NGOs of other states to work for the welfare of the society.

Adarsh Credit Co-Operative Society Ltd dragged in false ‘Share Capital Scam in Biggest Cooperative Scandal of India’

You might have heard of the phrase “A foe cannot stand a Chance when the opponent decides to survive through morals” What it tries to define is that, certainly detractors look to eliminate the Opponent in the competition by striking rumours that disturb its reputation, but also the opponent’s morals and good deeds ultimately leads him to win the race. Well, Mukesh Modi’s Adarsh Credit of Sarohi, is definitely capable of doing Good Things Better and Better things the Best! And hence has grabbed an attention in the eyes of people who envy them.

Backed by numerous numerical expressions that are self-made without any concrete evidences to prove them true, Adarsh Credit is being dragged into controversies that make Adarsh Credit Co-Operative Society ltd a participant in the fake scandal. Adarsh Co-Operative Credit Society, on the other hand has a trust base, strong and clout, which believes in its presence for a clear and pure business. It's the people who have invested trust in Adarsh and Adarsh has always been proven supreme in holding their trust appropriate and legitimate.

Adarsh Co-Operative Credit Society Ltd. has always recognized the needs of “Its People”. To their each requirement, Adarsh has provided an expedient fix. Being engaged with experience and expertise has managed to bring quality solutions to every complaint by Adarsh Co-Operative Credit Society, and has proved its vitality.

It doesn’t just work with numbers, it needs proper fixers and the numbers presented by defamers have no base. Bought up with an idea to collapse trust, they have in turn made Adarsh recognize that people don’t believe in rumours, people stick to truth and that people have decided to stay by side of truth of Adarsh.

Mukesh Modi’s Adarsh Credit Never Fails to Thank its Employees

Success is welcomed by all, but what usually gets unnoticed is that it also raises envy in others. Yes, Adarsh has faced its own share of envy from people. Due to which Adarsh Credit Co-Operative Society Ltd. has been dragged into false scandals and also in news for baseless reasons. Moreover, negative reviews and wrong complaints were also plotted against Adarsh Credit Co-Operative Society Ltd.

But as they say, Truth Triumphs All, Adarsh has always faced everything with dignity and the immense faith and respect its members have on them has been their backbone throughout. For this same reason, Adarsh took a small step to thank their each and every employee. They conducted a grand Annual Staff meet at the Kensville Golf Club and Resort at Ahmedabad.

In this event, Managing Director, Mr. Rahul Modi, emphasized on the essential things needed for career building like devotion, staying updated with technology and show hunger to learn new things. He also spoke about how employees play a crucial role in the growth of any institution. He shared his belief that for Adarsh, employees come first and shared information about the number of steps that were taken for the benefits of the employees. He encouraged them to continue to work with full honesty and to never stop learning.

Over 3000 employees were present in this function. Renowned motivational speaker, Mr. Santosh Nayyar also shared a few words, inspiring the audience to always work ahead and progress.

Steps like these are an example to follow. Keeping the employees motivated is one of the biggest key to long term success and Adarsh Credit Co-operative Society understands the value of its each employee.

An Initiative by Adarsh Credit Co-operative Society Ltd. to Enhance the Standard of Education

With the world rapidly moving towards Digitalization, Upgrading the standard of Education specifically in the rural part of India has become the need of the hour. It is essential to educate people about the importance of making India Digital because it is only possible with collaborative efforts. With a vision to improvise the Education standard, Adarsh Credit Co-operative Society Ltd. has taken a step ahead towards Digital India.

Even after being maliciously dragged into the forged Scandals, Adarsh Credit Co-operative Society Ltd. didn’t stop their efforts for the betterment of the society. As shown in the News, Adarsh Credit Co-Operative Society Ltd. has initiated the construction work for building a school especially for girls at Vidhyawadi. India being a developing country, Female education has been a sensitive topic in the rural areas. But it has been deliberately positioned towards growth now.

Recently, Shri Rahul Modi attended the Bhoomi Poojan of Shrimati Susheeladevi Prakashrajmodi Primary English Medium School built by the Adarsh Charitable Foundation at Vidhya wadi Prangan of Marudhar Mahila Shikshan Sangh which is situated at Falana Road .Shri. Rahul Modi, MD and CEO of Adarsh Credit addressed that each one has the equal right to receive education and for this, Charitable Institutions should take a step forward. He emphasized on educating the rural sectors for the development of our country. One of the Social Welfare initiatives of Credit Co-operative Society Ltd. is the Vidhya Bharti School built at Sirohi. Adding to this, the foundation has now started E-education classes in School, as well as free Wi-Fi services, are also being provided to promote Digital India Campaign. Shri Mukesh Modi founder of Adarsh Credit also appreciated the efforts taken by Vidhyawadi and initiatives of Adarsh Charitable Foundation in the area of female education.

During the function, Mr. Harish Surana, Secretary of Institution said that education is the biggest donation. Also, Mr. Gaurav Shukla, Manager of Vidhyawadi emphasized on making education career oriented and shared information about the activities of the institutions. Mr. Ratanchand Oswal, President of the Institution, Mr. Biju Mathew, Head of Adarsh Charitable Foundation and Miss. Garima Modi from Modi’s Family participated in the Vedic recitation of the Bhoomi Pujan towards the construction of School building. Girls from the School presented cultural performances. The program was conducted by Ms. Trisha. Members of the Management Board, students and invited guests attended the function.

Biggest Misconception regarding the Scandals of Adarsh Credit Co-operative Society Ltd.

Over the years, Adarsh credit Co-operative Society has always strived relentlessly to work for the betterment of each member of its society. But even after working hard for the development of the society, they were needlessly dragged in the forged Adarsh Credit Co-Operative Society Ltd. scandal news. However, this hasn’t stopped them from working towards their goal.

All the counterfeit reviews about Adarsh Credit Co-Operative Society Ltd. has in no way broken the trust of the public. All the fallacious complaints regarding Adarsh Credit Co-Operative Society Ltd. scandals now stand resolved.

Founder and Mentor of Adarsh Credit, Shri. Mukesh Modi believes that the ethical backbone of every progress is hard work and loyalty. Adarsh Credit Co-operative Society understands the need of its members. Truth and Transparency being the corner stone of their success, they have always lived up to these standards.

Their major contribution lies in the various social responsibilities undertaken by them. Overcoming the hurdles of forged scam news, Adarsh Credit Co-operative Society with their undeterred passion, have set a benchmark across the country. With a motive to lay a strong foundation for a sustainable future, Adarsh Credit Co-operative society is constantly striving hard for the development and betterment of the society.

MukeshModi’sAdarsh Credit Co-Operative Society Ltd. accused of false scandals for being involved and linked with Income-tax Authorities

As they say ‘People throw stones at things that shine’ and that is exactly what Adarsh Credit Co-operative Society Ltd. has been facing.

They have been falsely accused in the ‘Biggest Cooperative Scandal of India’ for being involved and linked with of Income-tax Authorities. Baseless data and details have been created to prove it right and every effort has been initiated to ensure there are fingers raised on Adarsh Credit.

What has been incredible is that all the fake and cooked up reviews and complaints of Adarsh Credit Co-Operative Society Ltd. has not moved the faith people have on Adarsh Credit, even by an inch. Their innumerable work done right from distribution of blankets/ sweaters/ food, etc to those in need to their work done for youth employment; from nation-wide effective campaigns and schemes to conducting blood donation camps periodically; from planting Water ATMs to initiating Food Banks; they have not left a stone unturned to do what best they can do for people.

Backed by years of experience and expertise, Adarsh Credit Co-operative Society is known for its deep understanding of the needs of people and strives relentlessly to work for the betterment of society. And this reflects in the work done by Adarsh. Their actions speak for themselves and thankfully, nothing has stopped them from shining.

Mukesh Modi’s Adarsh Credit Works towards Building a Stronger India

Adarsh Credit has always won the hearts of the masses through the limitless inspiring activities and steps taken by them. They have taken initiatives that have always worked towards the betterment of the people. Yes, this has cost them some raised eyebrows, people who have tried to pull Adarsh Credit Co-Operative Society Ltd. in cooked up scams and unnecessary scandals, false complaints and wrong reviews. But their sole inspiration to continue with their good work is the – love they get from people. They have won millions of well-wishers and this gives them the strength to move ahead, inspite of all odds.

Adarsh Credit has always been in news for all that they done towards building a better India. Under the Adopt Digital Money – Make a Stronger India campaign, an exhibition was organised in Jharkhand, where Adarsh Credit displayed the efforts done by them for encouraging Digital Money and Cashless transactions.

Besides, Adarsh Credit gave financial support to a group of youth engineers to design Solar Powered Cars. This is a great encouragement to the youth to ignite their ideas and execute them.

Adarsh also announced that the field workers will get promotion in every six months in a calendar year. Adarsh Charitable Foundation has taken initiatives that are driven for the betterment of the people. They have distributed sweaters to the students in Mahudi in Gujarat. Adarsh Charitable Foundation also conducted campaign to distribute around 2000 blankets to those in need in Udaipur and the tribal areas nearby.

Moreover, they have done exemplary work to help the youth. Adarsh Credit will provide employment to around 1 lakh youth across the country in the coming 4 years. This will offer a huge impetus to the economic development of the society.

With initiatives of these kind, India is moving towards a better future. Adarsh Credit Co-operative Society is an incredible example we all should follow. Right from use of

technology to offering employment, they have initiated progress in every facet. Let’s pledge to work towards the nation-wide development and draw inspiration even further from Adarsh Credit Co-operative Society.

Celebrating 18 Glorious years- The 19th Foundation Day of Adarsh Credit Co-operative Society Ltd.

Over the years, Credit Co-operative Society has always been a building block for the society.
They have been striving hard for the development of the country. And one such example is
that of Adarsh Credit Co-Operative Society Ltd. Their undeterred passion towards their goal
is what led to their success. That is why, even after being unnecessarily dragged in the fake
scandal news of Adarsh Credit Co-Operative Society Ltd., nothing could stop from moving
ahead towards their aim.
Adarsh Credit Co-operative Society has selflessly served the public for almost 18 years.
According to the Founder & Mentor of Adarsh Credit, Mukesh Modi, co-operative societies
can progress only by abiding by to rules and regulations, maintaining transparency and
through optimum use of technology. Adhering to these principles, Adarsh Credit Co-operative
Society Ltd. has striven hard for the betterment of rural areas by providing free loans to
farmers. The main goal of Credit Co-operative Society Ltd. is to work for social interest and
they are constantly making an effort for the same.
At the occasion of Completing 18th glorious years, Adarsh Credit Co-Operative Society Ltd.
celebrated its 19th Foundation Day by organizing Blood Donation drive in which 1,685 unit of
blood was donated across 91 camps. Adarsh Credit conducted training programs for rural
populations to promote cashless transactions. Shri. Mukesh Modi firmly believes that
positivity is the only way to follow the path of development. One should concentrate more on
progress and development and be away from negativity. That is why, Adarsh Credit is
involved in various social responsibilities. One of such activities is the free WIFI Zone at
Sirohi as a pilot project which will have a major share in development of the education sector.
Since inception, the only motive of Adarsh Credit Co-operative Society Ltd. is to provide
maximum employment to the people. Every year 25 thousand new jobs will be created
through Adarsh Credit.
In this event, Managing Director of Adarsh Credit, Mr. Rahul Modi said that the heights
achieved by Adarsh Credit could not have been possible without the support and blessings of
common people. He also said that with the use of technology, we are continuously improving
our services and quality. Through Adarsh Money Mobile Application, new services in the
area of financial services are being included. Adarsh Money Mobile Application was also
launched in Hindi to promote digital transactions in Hindi speaking and rural areas. He also
said that Adarsh Credit has started a big campaign in the field of E-education. They are
striving to provide advanced financial services using technology.
During the function, Business Head Mr. A. V. L Narasimhan and Advisor Channel
Development Head Mr. Sunil Bhatia discussed on new business opportunities and efforts in
team building. CSR Head Mr. Biju Mathew shared detailed information on the social service
initiatives of Adarsh Credit.

Adarsh Credit Co-operative Society Ltd. – Cooperative Societies has the lion's share in Development

The idea of cooperation is not new to us. Co-operatives is an omnipresent organization, found
mostly in every country and have been useful to people in many ways. In India, Credit Cooperative
Society has a huge share in helping those people who are unaware of the financial
services and also those, who are not financially secured. In general, a credit co-operative
society provides a wide range of financial services like loans, fixed deposits, recurring
deposits, saving, insurance etc.
Credit Co-operative Society has various deposit schemes like fixed deposit (FD), recurring
deposit (RD), monthly income scheme (MIS), daily deposit (DD), etc. The major benefit of
credit co-operative societies is that they give a high return on deposit schemes and provide
loans by easy and fast process. The main reason for this is that they have low running cost.
They also declare dividend every year for their members.
Adarsh Credit Co-Operative Society Ltd. is an enterprise that is member-centric rather than
capital-centric. Credit Co-operative Society comprises of three basic interests: ownership,
control, and beneficiary that are vested directly in the hands of the user. Rather than being
associated closely with making profits, Adarsh Credit Co-Operative Society Ltd. put people
at the heart of all their business and follow a fixed set of values.
Adarsh Credit Cooperative Society Bank provides different types of loans like housing loan,
vehicle loan, gold loan, general loan, consumer loan, etc. They always keep people at its
center. As shown in the news, Adarsh Credit Co-operative Society Ltd has come a long way
with more than 800 Branches across the nation, since its incorporation in 1999. In 2012,
Adarsh Credit became the first credit co-operative society to begin its operations in Jammu &
Kashmir. They were glorified with Financial Inclusion and Payment System Award for
Mobility Project and also for their innovative use of IT in business by VMWare. Mukesh
Modi, Founder of Adarsh Credit has a great contribution in promoting the Digital revolution
in India. The Adarsh Money mobile application was launched with a motive to bring
revolutionary changes in the co-operative sector.
Even the malicious Scandal news of Adarsh Credit Co-operative Society Ltd didn’t stop them
from striving hard for the development of the country. As the co-operatives are owned and
democratically run by their own members, the decisions taken by them are taken after
keeping in mind a perfect balance between the need for profitability with the needs of their
members and the wider interests of the community. Hence, the Credit Co-operative Societies
plays a vital role in the economic development of India, especially for the lower and middleincome
group population.