Empowering members since 2013 with financial and growth.
Established in 2013 and headquartered in the vibrant city of Visakhapatnam, Jayalakshmi Mutually Aided Cooperative Thrift and Credit Society LTD. was born with a noble mission: to uplift the weaker sections of society through financial inclusion.
We utilize advanced technologies to sustain and grow our business. These modern technologies have enabled us to introduce new features and products that support our business development. This commitment to innovation has made JAYALAKSHMI one of the most successful cooperative societies.
Dedicated to supporting local members and fostering economic growth within the community.
State Cooperative Society status from Dept. of Cooperative, Govt. of Andhra Pradesh.
We leverage advanced financial technologies to provide seamless, secure, and 24/7 banking experiences for our members.
Our robust mobile app and responsive website ensure members can manage their finances anytime, anywhere, bringing the cooperative to your fingertips.
We utilize outsourced data center hosting and enterprise-class technology to guarantee data security, reliability, and high availability.
Our optimized server infrastructure and cost-efficient tech solutions enable continuous operations, supporting member growth without interruption.
Chairman & Founder Member
Mr. Suresh Kumar Yeedi is credited with the business management and establishment of the cooperative movement in Visakhapatnam. Under his visionary leadership, JAYALAKSHMI earned the status of a recognized cooperative society.
We place great importance not only on hiring employees or adding members but also on building and nurturing relationships. Everyone who becomes part of our extended family is valued and nurtured equally without bias. We value relationships over transactions.
For the cooperative sector in India to grow and provide a substantial financial alternative to the general public, access to enterprise-class technology is essential. This technology must support computing demands in the most cost-effective manner possible. With this in mind, we have outsourced our data center hosting and digital services to ensure efficiency and reliability.
Built on a foundation of trust and regulatory compliance, ensuring your savings are safe
Every decision is made with the best interest of our members in mind
Continuously upgrading our tech stack to offer modern banking conveniences
To become a leading and most trusted cooperative financial institution that empowers communities through innovative technology, financial inclusion, and sustainable growth while improving the economic well-being of our members.
Uplift the weaker sections of society from both rural and urban areas. We've become the only credit and savings cooperative society in Visakhapatnam to launch our own mobile application and website, with over 90% of our business transactions.
Join Jayalakshmi Mutually Aided Cooperative Thrift And Credit Society LTD. today and take the first step towards a secure financial future. Our operations began in 2013 in Visakhapatnam, primarily serving the local municipal community, especially those from commercial and micro-finance backgrounds.