Maharashtra’s Kolhapur-based Sainath Multistate Co-operative Credit Society has delivered an impressive financial performance for the year ending March 2026, reporting a gross profit of Rs 1.27 crore.
Total deposits have crossed Rs 228 crore, while investments stand at Rs 91.5 crore. The society has also maintained a strong lending portfolio, disbursing secured loans worth Rs 149.3 crore. During the last financial year, its overall business turnover reached approximately Rs 483 crore, underlining steady growth.
The society offers modern banking services including RTGS, online digital banking, SMS alerts, and core banking facilities, enabling seamless transactions across branches. Over 200 co-operative societies and institutions are currently associated as members.
On the auspicious occasion of Akshaya Tritiya, Sainath Multistate will launch new loan products such as Two-Wheeler, Four-Wheeler, and Cash Credit schemes. Expansion plans are underway in Sindhudurg, Sangli, Belagavi, Pune, and Mumbai.
Chairman Uttam Jadhav also announced a slight reduction in fixed deposit rates from May 1, urging members to benefit from the current attractive rates.