Profile

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Sadhana Sahakari Patpedhi Maryadit is registered as co-op credit society in Vasai taluka under Maharashtra Co-op Society Act, 1960. The main objective to help cater the financial needs of the local masses and specially the employees of co-op societies led to the formation of Sadhana Sahakari Patpedhi. The society has its origin from the vision of its founder Ex-MLA Hon. Mr. Dominic John Gonsalves along with the determined people to public cause in Vasai.

The Society was registered on 17th November, 1990 under Maharashtra Society Act, but mainly it started its operations on 11th February, 1991 with single branch at Pan Marketing Society Office and its chairman as Mr. Philip Francis Lemos. The society started its computerized operations as on 21st October, 2006. SSPM has grown steadily over the years and now has six branches catering to needs of customers in Vasai.

SSPM recently introduced CORE BANKING in its day to day business with the help of M/s Virtual Galaxy InfoTech Pvt. Ltd. on 29th July 2019 to cope with growing customer base and need of time.

As on date, SSPM has deposits of Rs. 201 Cr & Advances of Rs. 67 Cr and around 13000+ shareholders.

Members of the board of directors who guide the affairs of the society are blend of dedicated expertise in Banking & Finance, Agriculture, Business and Social Welfare.

The Trust & Patronage of staff, customers, share holders and well-wishers is believed to be behind the successful journey.

Regd No: TNA(VSI)/RSR/(C.R.)/436/90-91