Credit Society

Bhargavarama Co-operative Credit Society

       A group of individuals from the Brahmin Community with concern for the well being of the community came together and formed a Mutually Aided Co-operative Credit Society under the Telangana Co-operative Societies Act exclusively for the benefit of the Brahmin Community.  

Note: The Co-operative Society has jurisdiction for the whole of Telangana Area including Hyderabad and anybody who is a normal Resident within Telangana including Hyderabad can become Member of the Bhargavarama Co-operative Credit Society. Prominent among them are - Sri Saketh Rama Rao, Former Managing Director, APCOB, Sri JV.Rao, leading Lawyer, Sri Siva Ram, Chartered Accountant, Sri RS. Lakshman, Member of Hyderabad Stock Exchange Sri IYR Krishna Rao Retired IAS., Officer. The Co-operative Society has jurisdiction for the whole of Telangana Area including Hyderabad and anybody who is a normal Resident within Telangana including Hyderabad can become Member of the *Bhargavarama Co-operative Credit Society.* There are two types of membership - one Is Membership with a Voting Right which will come after subscribing to the Share Capital of the Cooperative Society. Minimum Subscription is 1000 shares, each share valued at Rs. 100/- and a membership fee of Rs. 100/- which means one has to subscribe to share capital of Rs. 1.00 Lakh and Rs.100/- Membership Fee and normally residing in Hyderabad or other parts of Telangana to become a member with voting rights. There is a provision for other type of membership without voting right. Where one has to pay Rs. 100/- towards admission fee and subscribe to minimum 10 shares valued at Rs. 1000/- (each share of Rs. 100) such members can avail them services of the facility to deposit amount or access loaning without a right to vote. Their membership will be co-terminus with their engagement with the Society. The cooperative credit society is managed by a Team of Professionals headed by Sri Saketh Rama Rao, Former Managing Director of the APCOB as Chairman, Sri D. Poornachandra Rao, Former CGM of the Corporation Bank Sri RS. Lakshman as Secretary. Executive Committee consists of Professionals drawn from different areas, Sri Siva Ram Chartered Accountant, Sri Venkata Chengavalli, Management Consultant and Sri RK.Pandrangi, an Entrepreneur. The aim and objective of the Cooperative Credit Society is to help and assist struggling Entrepreneurs of the Community in establishing their Businesses and running them with necessary financial and managerial support. It is proposed to run the Society in a commercial manner duly taking care of the interests of Shareholders but at the same time with a Social concern with focus on those who are deserving and struggling in their Businesses for want of Finances or proper guidance. The Society is managed by a CEO, who is a Retired Banker with 30 years of experience in the Banking Sector supported by the managing Committee. Anybody interested becoming a Member of the Society can contact the following - Name Mobile Sri Bhaskhar Rao - 9866443373 Sri R S Lakshman - 9391007309 And the Mail Address for the Society is as follows: Mail Id: bhargavaramacoopsoc@gmail.com Bank details for remittance of the Share Capital and Admission Fee are as below. Bank Name : Union Bank of India Account No : 206621010000006 Branch : Somajiguda (Dwarkapuri Colony) IFSC Code : UBIN0550825 Mail Id : bhargavaramacoopsoc@gmail.com Application Form and Bye laws of Society are enclosed.

Bhargavarama Co-operative Credit Society

Team of Professionals

Name Designation
Sri Saketh Rama Rao, Chairman
Sri D. Poornachandra Rao, Vice President
Sri R.S Lakshman Secretary

Executive Committee

  • Sri Siva Ram Chartered Accountant
  • Sri Venkata Chengavalli, Management Consultant
  • Sri RK.Pandrangi, an Entrepreneur

The aim and objective of the Cooperative Credit Society is to help and
assist struggling Entrepreneurs of the Community in establishing their Businesses and running them with necessary financial and managerial
support. It is proposed to run the Society in a commercial manner duly
taking care of the interests of Shareholders but at the same time with a
Social concern with focus on those who are deserving and struggling in their Businesses for want of Finances or proper guidance.

The Society is managed by a CEO, who is a Retired Banker with 30

years of experience in the Banking Sector supported by the managing
Committee. Anybody interested becoming a Member of the Society can contact the following –


Sri Bhaskhar Rao – 9866443373
Sri R S Lakshman – 9391007309
And the Mail Address for the Society is as follows:

Mail Id: bhargavaramacoopsoc@gmail.com

Bank Account Details

Bank details for remittance of the Share Capital and Admission Fee are as below.

Account Name : Bhargavarama Co-operative Credit Society