SVMMACS

About Us

Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd started on April 2, 2014 with the principles of cooperation, All for one – Each for all, is thriving day by day in Rajamahendravaram with 3541 member accounts, doing business development with a turnover of around 218 crores today.
Loans and other income from transactions made by the members, interest on savings/deposits of the company’s clients, excluding other expenses, the rest of the profit is deposited in the reserve fund in accordance with the law in various funds.

SVMMACS

WHY CHOOSE US

It is a matter of pride for all of us that our state federation members are praising that today our society is one of the few well disciplined societies in the state. In accordance with the wishes of the majority members of the company, we are moving ahead towards simplifying the business by paying interest on deposits under the control of the directors.

Our Mission

Our mission is to elevate our society to new heights of financial success and excellence. With our current turnover standing at Rs. 218 crores, we are proud to announce our ambitious target of achieving Rs. 300 crores for the fiscal year 2023-24. This mission reflects our collective dedication to growth, with directors and members collaborating closely to ensure success through strategic planning and cooperation. We aspire to foster a culture of innovation, discipline, and financial well-being, propelling our society towards unparalleled prosperity and setting the stage for a dynamic and successful future.
Our mission is to elevate our society to new heights of financial success and excellence. With our current turnover standing at Rs. 218 crores, we are proud to announce our ambitious target of achieving Rs. 300 crores for the fiscal year 2023-24. This mission reflects our collective dedication to growth, with directors and members collaborating closely to ensure success through strategic planning and cooperation. We aspire to foster a culture of innovation, discipline, and financial well-being, propelling our society towards unparalleled prosperity and setting the stage for a dynamic and successful future.

Our Mission

Our Vision

Our vision  is to stand as a beacon of pride, acknowledged by our state federation members as one of the exemplary and well-disciplined societies in the region. In response to the expressed desires of the majority within our community, we are steadfastly advancing towards a vision of simplifying our business operations. This involves a strategic move to pay interest on deposits under the astute control of our directors, thereby fostering transparency, efficiency, and financial prosperity. Through these initiatives, we aim to not only maintain but elevate our standing as a model of discipline and success in our state.

Our Vision

Our vision  is to stand as a beacon of pride, acknowledged by our state federation members as one of the exemplary and well-disciplined societies in the region. In response to the expressed desires of the majority within our community, we are steadfastly advancing towards a vision of simplifying our business operations. This involves a strategic move to pay interest on deposits under the astute control of our directors, thereby fostering transparency, efficiency, and financial prosperity. Through these initiatives, we aim to not only maintain but elevate our standing as a model of discipline and success in our state.

SVMMACS

Management

Smt Ravipati . Seetha Venkata Lakshmi Garu

Founder

Addanki Venkata prabhakara sri Rama Chandra Rao Garu

Chairman

SVMMACS

Director's

Smt Maddipoti Lakshmi Narasamamba

Director

Sri Edara Venkata Satyanarayana Prasad

Director

Sri Denduluri S Jb Syam Kumar

Director

Sri Narasinga Srinivas

Director

Sri Dasari Ajay Kumar

Director

Sri Vobhilineni Venkata Subba Rao

Director

Sri Obilisetty Srinivas

Director

Sri Mothukuri Venkata Krishna Rao

Director