Lokmanya Multipurpose Co-op Society turns 25!

By on September 13, 2020
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Lokmanya Multipurpose Co-op Society turns 25!

Lokmanya Multipurpose Co-op Society completed 25 years in August with the launch of a special insurance scheme and online fixed deposit service.

The foundation was laid by bank chairman and editor of Tarun Bharat Kiran D Thakur. With the strong support of its customers, the society is active in Maharashtra, Karnataka, Goa and Delhi with 213 branches. The journey started with the sole purpose of helping small industries and businesses.

Lokmanya’s new online fixed deposit will help customers complete transactions from the comfort of their homes at any time of the day while enjoying the best interest rates.
Lokmanya Multipurpose Co-op Society Ltd also introduced a special coronavirus insurance scheme called Corona Kavach to provide health cover to the public.

Thakur said the scheme was launched jointly with IffcoTokio General Insurance Company Ltd. People who have enrolled in this scheme can claim a benefit of up to `5 lakh for hospitalisation if they are COVID-19 positive. The premium starts at just `248. Customers with existing health issues can also buy the health plan.

 

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