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Welcome to Lokmanya

Lokmanya Multipurpose Cooperative Society Ltd is an organization with a rich legacy of over 29 years, based in Pune, Maharashtra. The primary objective of Lokmanya is to empower people through various financial services and offerings. As a multistate, multipurpose cooperative society, Lokmanya operates in four states, namely Karnataka, Maharashtra, Goa, and Delhi, with a widespread presence through its 213 branches.

Lokmanya offers a diverse range of financial products for investment, catering to the needs of its members and customers. These products include Fixed Deposits, Recurring Deposits, Pigmy Deposits, Insurance, Loans, and Mutual Funds.

With its wide network and extensive experience, Lokmanya Multipurpose Cooperative Society Ltd strives to foster financial inclusion and growth by offering accessible and reliable financial solutions to its customers. Lokmanya offers a comprehensive range of financial services to cater to the diverse needs of its customers. Whether it’s financial planning, investments, insurance, loans, or social responsibility initiatives, Lokmanya appears to be focused on providing a wide array of services to its ever-growing customer base.

A Legacy of Trust and Integrity

Empowering The Small Business Owners With Meaningful Financial Assistance, Supporting Young Entrepreneurs Trying To Begin Their Journeys And Creating Employment Opportunities For Youngsters To Facilitate Their Financial Upliftment, Dr. Kiran Thakur And His Like-Minded Colleagues Founded Lokmanya Society To Achieve These And Many Such Goals.

As We Look Back At This 29 Year Long Journey, It Is For Everyone To See How All These Objectives Have Been Successfully Achieved, While Also Creating New Landmarks Along The Way. The Journey Of Lokmanya Society That Started On August 31, 1995, From A Small Room Has Grown By Leaps And Bounds And Evolved Into A Network Of 213 Branches Across Maharashtra, Karnataka, Goa And Delhi.The Operations Of The Network, Which Are Growing By The Day, Are Spearheaded From The Regional Offices Of Lokmanya Society, Located At Belgaum, Pune, Mumbai, North Goa, South Goa, Sawantwadi, Ratnagiri, Kolhapur, Sangli And Nashik. Today, Lokmanya Society Has Established Itself As India’s Biggest Multipurpose, Multi-State Cooperative Society.

About Co-operative Movement

History of Co-operative Movement : Co-operative movement according to historians began during 19th century in UK, US and other countries. Robert Owen (1771–1858) is considered as the father of the cooperative movement. In 1844 the Rochdale Pioneers founded the modern Cooperative Movement in Lancashire, England, to provide an affordable alternative to poor-quality and adulterated food and provisions, using any surplus to benefit the community. The first co-operative society of India was registered in 1905. The first co-operative movement in Asia was stated at Kanaginahal in Gadag , Karnataka, under the leadership of Sri Siddanagouda Sanna Ramanagouda Patil (1843–1933), who is known as the ‘Father of Cooperative movement in Karnataka’. The Agricultural Credit Cooperative Society was launched in Kanaginahal on 8.7.1905. It was the first of its kind in Asia.

Co-operative Movement in India : The principle of cooperation was in practice in India long before, the so-called cooperative movement that began with the application of cooperative principles to business organization in western countries. A student of Indian sociology knows that in ancient rural India people used to co operate with each other for mutual benefit and that is the basis for the modern co operative movement. Asian societies have adapted the co-operative principles that were successful in the world.The cooperative movement in India may be looked into in two stages namely in pre-Independence era and in post-Independence era Soon thereafter India’s first “urban cooperative credit society” was registered in Kanjivaram in the Madras Presidency in October, 1904. Anyonya Co-operative Bank Limited (ACBL) located in the city of Vadodara (formerly Baroda) in Gujarat, which was the first co-operative bank in India. Amul is an Indian dairy cooperative society, based at Anand in the Indian state of Gujarat. Formed in 1946 it is a cooperative brand managed by a cooperative body, the Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), which today is jointly owned by 3.6 million (3.6 million) milk producers in Gujarat, and the apex body of 13 District Milk Unions, spread across 13,000 villages of Gujarat.

Initially, the co-operative movement in Maharashtra was confined mainly to the field of agricultural credit but subsequently, it extended to other sectors such as agro-processing, agro marketing, sugar co-operatives, fisheries cooperative societies, co-operative dairy societies, textiles, housing societies, consumer stores etc .When Lokmanya Tilak turned 61, his followers presented him with a purse of Rs. 1 Lakh, a huge amount in those days. The true patriot he was, Lokmanya Tilak added his own contribution to and asked them to use all of it in the nation’s service. Lokmanya multipurpose co-op Society is not just inspired by this belief and commitment to the nation but has always made it a priority to work for the betterment of the nation.

Our Journey

Over the Years

In has seen its evolution from Belgaum in finance to serving people’s needs in education, healthcare, travel and other fields across Goa, Karnataka, Maharastra and Delhi. The proud milestones shape our legacy and give us the motivation to build an even more glorious future.

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2022

Introduced DSA & Mutual Fund Investment with Leading Companies

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2021

Started CSR initiatives to create employment for the poor and needy

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2020

Lokmanya completed a highly successful 25-years journey of empowering people.

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2017

Inaugrated 200th branch at Mapusa by Goa CM(Late)Shri. Manohar Parrikar

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2016

Inaugrated Zonal office at Pune by Maharastra CM Shri. Devendra Fadnavis

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2014

Inaugurated 125th branch at Delhi by Gen. JJ Singh(Retd.)

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2013

Inaugurated Quest Tours to facilitate domestic and international tours for travelers

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2012

Inaugurated 100th branch at Kesariwada, Pune by Maharastra’s Dy. CM Shri. R R Patil

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2010

Collection of 1 Lakh books for 2,000 life members at Lokmanya Granthalaya

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2008

Inaugurated 50th branch in Mumbai by Former CM Shri. Manohar Joshi

Achieved status of Multipurpose Society
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2002

Registered as a multi-state co-operative society

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2000

Founded schools & colleges in Belgaum, Sawantwadi & Sindhudurg

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1995

Inception in Belgaum, Karnataka