How do I get my money back from Adarsh Credit Cooperative Society?

If you have an issue with the Adarsh Credit Co-operative Society services, you could be entitled to a refund. Use Voxya to connect to the right person in Adarsh Credit Co-operative Society to resolve your issue quickly.

Is it safe to invest in credit cooperative society?

However, investor’s money up to ₹ 1 lakh in deposits with co-operative banks is insured under the deposit insurance scheme, like other nationalized banks. Therefore, experts suggest depositors spread their investments across banks. Another risk is that at times government puts withdrawal limits in case of bank failure.

Who is Mukesh Modi?

Mukesh Modi, reportedly linked with top politicians, has been accused by SFIO of diverting huge funds to shell companies owned by his aides in the garb of loans to be invested in real estate. Out of these 120 shady companies, 43 were given loans worth over Rs 2334.30 crore from the society.

What is Sahara credit cooperative society Limited?

The Sahara Credit Cooperative Society Limited (SCCSL) was established in the year 2010 and has successfully completed 8 years of service to its members. This society is a one of the largest multi-state credit cooperative society in India and providing functional autonomy in 22 States/UTs.

Is Adarsh bank safe?

The Adarsh Credit Co-operative Society (ACCS) is a Ponzi scheme fraudulently registered under the MSCS Act w.e.f. 1986.

How do I complain to the Sahara Credit Cooperative Society?

Customer Care Phone Numbers and Contacts

  1. Phone:
  2. +91 22 3966 4100 [Sahara Mutual Fund]
  3. +91 52 2233 7777 [Sahara Life Insurance]
  4. +91 33 2282 9075 [Sahara Housingfina]
  5. +91 22 3989 5000 [Sahara Star]
  6. +91 12 4431 8888 [Sahara Global]
  7. +91 22 3071 6500 [Sahara Prime City]
  8. +91 22 2615 6765 [Sahara Prime City]

Is it safe to keep money in cooperative banks?

​Since non-scheduled banks are not governed by RBI, it would not be safe to park your money there. In case of scheduled cooperative banks, even as there have been issues plaguing them, it would not be right to say that you must completely avoid parking your savings in them.

Is Sahara returning money?

Capital markets regulator Sebi has managed to refund Rs 129 crore to investors of two Sahara companies in nearly nine years after being assigned the task by the Supreme Court, while the amount deposited in specially-opened bank accounts for the repayment purpose has swelled to over Rs 23,000 crore, according to the …

What is credit cooperative society?

A credit co-operative society is a credit society that is a member-owned financial cooperative and is controlled by its member. Also, these societies do provide loans to their members for economic and social growth. You have a benefit from these loan services from credit cooperative society registration.

How do I check my Sahara account?

Visit the official website of Sahara India Life at On the top right corner of the homepage, you can find the button customer’s login. Once you click on this button, a new page will open requesting your username and password.

Who is the partner of Adarsh Credit Cooperative Society?

Shekhawat was allegedly a partner in the society before his election to the Lok Sabha from Jodhpur.

When was the 100th branch of Adarsh Credit opened?

Adarsh Credit opened its 100th branch in 2008 and was granted the stature of Multistate Co-Operative Society by the Ministry of Agriculture, Government of India.

Which is the main branch of Adarsh Co-operative Urban Bank?

HEAD OFFICE & MAIN BRANCH 1 1-251/1, M.P.R. Complex, Phase-I, IDA Jeedimetla,Medchal – Dist., Hyderabad – 500 055 2 040-48681111 3 [email protected] 4 [email protected]

Who is the main accused in Adarsh group case?

Among those arraigned is the main accused, Mukesh Modi, besides the directors and partners in the Adarsh group of companies, Riddhi Siddhi group of companies, firms, entities and the associates of accused Virendra Modi.

Share this post