Welcome to Mangalore Teachers' Co-operative Credit Society

Empowering Through Knowledge & Unity

Purpose and objectives

A Teachers' Cooperative Society, such as the Mangalore Teachers' Cooperative Society, is typically established with the primary aim of supporting educators — including primary, high school, college, and retired teachers — by providing financial, social, and professional assistance.

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Formation

The society was formed specifically to serve the teaching community in Mangalore and Udupi, with the aim of promoting financial inclusion and self-reliance among educators.

Development

Over the years, the society has grown in both membership and services, establishing itself as a trusted financial institution within the educational community.

Pupose

Its primary objectives have been to offer affordable loans, savings schemes, and financial assistance to teachers, enabling them to meet both personal and professional financial needs.

About Us

The Mangalore Teachers’ Co-operative Credit Society was established to serve the financial needs of teachers and educational staff in Mangalore and Udupi. While specific historical details may vary, cooperative credit societies like this one were generally formed in response to the need for accessible financial services tailored to educators — offering savings options, credit facilities, and promoting financial stability.

  • Mission

    To serve and empower teachers and education professionals in Dakshina Kannada and Udupi by providing affordable financial services, savings scheme, fostering financial literacy and promoting social and economic well being through transperant member – centric cooperative Banking practices.

  • Vision

    To be the leading cooperative society in region recognized for excellance in financial services, innovation and community development, contributing to the sustainable growth and prosperity of teachers and the educational community. All while uploading the principles of cooperation, integrity and social responsibility.

  • Objectives and Activities

    * Providing financial assistance via loans for personal, educational and housing needs.
    * Facilitating saving and investment scheme tailored for educators.
    * Promoting financial literacy and awareness among members.
    * Organizing community development activities and events.

About the Shikshak surakshith Yojana

The Mangalore Teachers’ Coopertative Credit society (MTCCS) offers a dedicated Death Relief Fund that provides crucial support to families of deceased members of the society.

  • Benefits

    * This Internal Insuranc provides a standard relief payout to a nominee of a members.
    * The benefit applies to all society members to provide great support and flexibility in terms of need.
    * Helps cover unexpected expenses during a difficult time of members death and offers peace of mind to their families.
    * Teachers who have taken loan from the society can still be covered under this scheme, provided they meet the scheme eligibility criteria.

Branches

Members

Deposits

Loans

Services

Welcome to our Services page — a reflection of our enduring commitment to empowering educators for over a century. With a legacy built on trust and service, we offer a thoughtfully curated range of financial solutions designed to support, strengthen, and secure your financial journey

Deposit Schemes

Secure your future with our range of deposit schemes designed to help you grow your savings steadily and safely. Whether you're planning short-term goals or long-term financial security, we have a solution tailored to your needs.

Loan Schemes

We offer a wide range of loan schemes tailored to meet the diverse financial needs of our members. Whether you're planning for personal growth, professional advancement, or unexpected expenses, our flexible loan options are designed to support you every step of the way.

RTGS/ NEFT Services

Experience fast and reliable fund transfers with our RTGS and NEFT services, designed to ensure accuracy, security, and real-time efficiency.

Shishak Surakshith Yojana

Make document processing effortless with our secure and efficient e-stamping solutions, tailored for your convenience.

Financial Details

ಮಂಗಳೂರು ಶಿಕ್ಷಕರ ಸಹಕಾರ ಸಾಲ ಸಂಘ ನಿಯಮಿತದ ಪ್ರಗತಿ ಅವಲೋಕನ — 31 ಮಾರ್ಚ್ 2024 ರ ಅವಧಿಗೆ ಪ್ರಗತಿ ವರದಿ (2023–24 ಹಣಕಾಸು ವರ್ಷ) [ರೂಪಾಯಿ ಲಕ್ಷಗಳಲ್ಲಿ]

ವರ್ಷ ಸದಸ್ಯರು ಪಾಲು ಬಂಡವಾಳ ನಿವ್ವಳ ಲಾಭ
2020-2021 4138 61413700 3052781.61
2021-2022 4098 59358400 266213.01
2022-2023 4013 54200500 988144.46
2023-2024 3911 49558700 5838001.32

ಪ್ರಸ್ಥುತ ಆಡಳಿತ ಮಂಡಳಿ

K M K Manjanady

President

Udaya Shankar Naik T

Vice President

C Prabhakar Shetty

Director

Amaru Harising Lamani

Director

Hilda Clemencia Pinto

Director

Puttaswamy R

Director

Thippoji M Y

Director

Rita D'sa

Director

Chandrashekhar C H

Director

Vanitha Suresh

Director

Mark J Mendonca

Director

Usman G

Director

Ravikala K Shetty

Director

Roopaksha M

Director

Vasudeva Rao

Director

Raghunath Bhat G

Director

M S Mahesh

Director

Vani

Director

Geetha

Director

Sharmila K

Chief Executive Officer

Members Rights & Responsilities

Members typically have the right to vote on key decisions, propose initiatives, and access the cooperative's services. However, they also carry responsibilities, such as adhering to the society's rules and actively participating in its governance.

Structure and Governance

Board of Directors: A cooperative society usually has a governing board comprising members elected by the general body. The Board oversees the day-to-day operations of the society and makes important decisions regarding loans, investments, and new projects.

General Body Meetings

Regular meetings are conducted where all members can come together to discuss the society’s performance and vote on important matters. This ensures transparency and democratic decision-making within the organization

Contact

Get in touch with us for any queries or assistance.

Location

Light House Hill Road, Mangalore

Call Us

+91 7947424863

Email Us

info@teachers.com