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Engaged Employer

Lokmanya Multipurpose Co-op Society

3.4
based on 113 Reviews

Working at Lokmanya Multipurpose Co-op Society

Company Summary

A cooperative organization focused on financial empowerment and uplifting living standards in rural and urban India through various initiatives.

Overall Rating

3.4/5
based on 113 reviews
highly rated categories
11% below
industry average
highly rated categories
Critically rated for

Promotions, Salary, Work satisfaction

Work Policy
Work from office
Work from office
96% employees reported
Monday to Saturday
Monday to Saturday
57% employees reported
Strict timing
Strict timing
78% employees reported
Within city
Within city
47% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
Health insurance
5 employees reported
Job/Soft skill training
Job/Soft skill training
3 employees reported
Office cab/shuttle
Office cab/shuttle
1 employee reported
Cafeteria
Cafeteria
1 employee reported
View detailed benefits

About Lokmanya Multipurpose Co-op Society

Founded in1995 (30 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersBelgaum, India
Office Locations
--
Websitelokmanyasociety.org
Primary Industry
Other Industries
--

With the motto of serving the people, Lokmanya Cooperative Credit Society Ltd. was founded in 1995, by Shri. Kiran Thakur, a renowned social worker and the editor of Tarun Bharat Daily. The idea to empower people was driven by the vision of Shri. Thakur, who was ably supported by a group of like-minded individuals. The first step of empowerment was to give financial support to the ambitious yet needy people, who believed in passionately following their dreams. Over the years, the passion, dedication and vision of Shri. Thakur has diversified the operations of Lokmanya. Today, after more than 2 decades, with 217 branches across 4 states, Lokmanya continues to support more and more dreams, across the rural-urban divide of India. At Lokmanya, Lok (people) are at the heart of every single endeavour. The society has a single-minded focus of working for the good of people by uplifting their living standards through sustainable and meaningful initiatives. This is reflected in the vision and mission of Lokmanya. To be the flagbearer of people-empowerment by touching, nurturing and enriching the lives of people while strengthening the society.

Mission: To guide people towards financial prosperity by supporting them, To drive the ambitions of the people by giving them the right educational platforms. To provide healthy living for the people by building an expertise-driven medical ecosystem. To bring joy to the people by fulfilling their aspirations of connecting with the world.
Vision: To be the flag bearer of people- empowerment by touching, nurturing and enriching the lives of people while strengthening the society.

Lokmanya Multipurpose Co-op Society Ratings

based on 113 reviews

Overall Rating

3.4/5
How AmbitionBox ratings work?
5
44
4
32
3
12
2
7
1
18

Category Ratings

3.3

Skill development

3.2

Company culture

3.2

Job security

3.2

Work-life balance

3.0

Work satisfaction

2.8

Salary

2.7

Promotions

Lokmanya Multipurpose Co-op Society is rated 3.4 out of 5 stars on AmbitionBox, based on 113 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Lokmanya Multipurpose Co-op Society
based on 110 reviews
3.4
Rated by 78 Women
Rated 3.4 for Job security and 3.3 for Skill development
3.4
Rated by 32 Men
Rated 3.3 for Skill development and 3.2 for Work-life balance

Work Policy at Lokmanya Multipurpose Co-op Society

based on 23 reviews in last 6 months
Work from office
96%
Hybrid
4%

Lokmanya Multipurpose Co-op Society Reviews

Top mentions in Lokmanya Multipurpose Co-op Society Reviews

+ 1 more

Compare Lokmanya Multipurpose Co-op Society with Similar Companies

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Overall Rating
3.4/5
based on 113 reviews
3.7/5
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Highly Rated for
No highly rated category
No highly rated category
No highly rated category
No highly rated category
Critically Rated for
Promotions
Salary
Work satisfaction
Promotions
Work satisfaction
Promotions
Skill development
Salary
Promotions
Primary Work Policy
Work from office
96% employees reported
Work from office
84% employees reported
Work from office
86% employees reported
Work from office
86% employees reported
Rating by Women Employees
3.4
Average
rated by 78 women
3.7
Good
rated by 1.1k women
3.6
Good
rated by 371 women
3.6
Good
rated by 404 women
Rating by Men Employees
3.4
Average
rated by 32 men
3.7
Good
rated by 2.8k men
3.6
Good
rated by 1.2k men
3.9
Good
rated by 1.6k men
Job security
3.2
Average
3.4
Average
3.6
Good
3.6
Good
View more

Lokmanya Multipurpose Co-op Society Salaries

Lokmanya Multipurpose Co-op Society salaries have received with an average score of 2.8 out of 5 by 113 employees.

Account Assistant

(258 salaries)
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₹1.1 L/yr - ₹3 L/yr

Branch Manager

(23 salaries)
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₹2 L/yr - ₹5.6 L/yr

Assistant Branch Manager

(21 salaries)
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₹2.2 L/yr - ₹4 L/yr

Accountant

(11 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

Accounts Assistant & Cashier

(11 salaries)
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₹1.7 L/yr - ₹2.6 L/yr

Executive Accountant

(7 salaries)
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₹1.8 L/yr - ₹4.4 L/yr

Marketing Manager

(6 salaries)
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₹3.6 L/yr - ₹6 L/yr

Senior Assistant HR

(5 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

Senior Accountant

(5 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

System Engineer

(5 salaries)
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₹1.9 L/yr - ₹4 L/yr

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Lokmanya Multipurpose Co-op Society FAQs

When was Lokmanya Multipurpose Co-op Society founded?
Lokmanya Multipurpose Co-op Society was founded in 1995. The company has been operating for 30 years primarily in the Financial Services sector.
Where is the Lokmanya Multipurpose Co-op Society headquarters located?
Lokmanya Multipurpose Co-op Society is headquartered in Belgaum.
How many employees does Lokmanya Multipurpose Co-op Society have in India?
Lokmanya Multipurpose Co-op Society currently has more than 1,500+ employees in India. Finance & Accounting department appears to have the highest employee count in Lokmanya Multipurpose Co-op Society based on the number of reviews submitted on AmbitionBox.
Does Lokmanya Multipurpose Co-op Society have good work-life balance?
Lokmanya Multipurpose Co-op Society has a work-life balance rating of 3.2 out of 5 based on 100+ employee reviews on AmbitionBox. 33% employees rated Lokmanya Multipurpose Co-op Society 3 or below, while 67% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Lokmanya Multipurpose Co-op Society work-life balance reviews for more details
Is Lokmanya Multipurpose Co-op Society good for career growth?
Career growth at Lokmanya Multipurpose Co-op Society is rated as poor, with a promotions and appraisal rating of 2.7. 33% employees rated Lokmanya Multipurpose Co-op Society 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Lokmanya Multipurpose Co-op Society promotions/appraisals reviews for more detailed insights.
What are the cons of working in Lokmanya Multipurpose Co-op Society?
Working at Lokmanya Multipurpose Co-op Society does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, salary & benefits and work satisfaction, based on 100+ employee reviews on AmbitionBox.
Lokmanya Multipurpose Co-op Society Overview
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