Empowering the future of Assam

Lakhimi supports small-scale entrepreneurs, shopkeepers, and local artisans to establish and expand

Lakhimi members in Assam

  • 25,000+ members

  • 100% secure

  • Easy loans

We rise by lifting others

How Lakhimi Rise

On June 6, 2008, seven visionaries gathered in Bordoloni, Assam, with a shared dream: to uplift their local community through mutual trust and cooperation. Starting as a humble self-help group, this small team planted the seeds for what would soon become Lakhimi Sanchay and Rindan S.S. Limited.

By January 28, 2011, their grassroots movement gained official recognition when it registered under the Assam Cooperative Societies Act. Operating from its head office near Pramod Bhawan in Dhemaji, the society adapted its bye-laws over the years to stay aligned with modern cooperative laws, ensuring fair, transparent, and equitable growth for local farmers, artisans, and families.

The society's transformation has been driven by dedicated leadership. Co-founder Mr. Dipen Chutia has guided the organization for over a decade as Managing Director, bringing deep experience and steady direction. Alongside him, President Mr. Biman Sonowal—honored for his discipline and integrity—was re-elected by the General Assembly in September 2024 to keep steering the vision forward.

Today, that initial group of seven has grown into a thriving family of 26,334 members as of January 2025. Operating five active branches across the Dhemaji district, Lakhimi Sanchay and Rindan S.S. Limited actively supports national Digital India and Cashless India missions. By offering digital literacy, financial services, soft skills training, and equal economic opportunities for women and vulnerable groups, the society continues to transform lives—with ambitious plans to expand its reach across all of Assam.

Mr. Biman Sonowal, Chairman of Lakhimi Sanchay and Rindan S.S. Limited

The Chairman
(Founder Member)

A message to Members, Employees, and Volunteers of the Lakhimi

Dear Members, Employees, and Volunteers,

As Chairman of Lakhimi Sanchay and Rindan S.S. Limited, I am deeply grateful for your continuous commitment to our growth and community development since 2008. Thanks to your trust, our society has expanded to 26,334 members as of January 31, 2025.

Our core mission remains mutual self-help, financial independence, and the socio-economic empowerment of women and weaker sections. To serve you better, we have fully digitized our operations, ensuring secure, transparent, and seamless financial services in line with the Digital India mission.

Your active participation drives our collective success. I sincerely thank our team and management for their dedication. Let us keep working together to build a stronger community.

Best Regards,

Mr. Biman Sonowal
Chairman,
Lakhimi Sanchay and Rindan S.S. Ltd.,
Dhemaji, Assam

Managing Director
(Founder Member)

A message to Members, Employees, and Volunteers of the Lakhimi

Mr. Dipen Chutia, Managing Director of Lakhimi Sanchay and Rindan S.S. Limited

Dear Shareholders, Employees, and Volunteers,

Welcome to you all. I extend my sincere gratitude to our partners and stakeholders for your unwavering commitment, which has driven our progress for over seventeen years.

As a credit cooperative, our mission is to deliver affordable, accessible financial services in rural and semi-urban Assam. Through community trust and strong teamwork, our share capital and member deposits have grown from just ₹700 at inception to ₹10,29,53,225 in the 2023–24 audit year, with active membership reaching 14,696.

To better serve our community, we have modernized our operations with user-friendly digital technology, supporting the Digital India initiative while offering secure loans, deposits, and seamless transaction services. Moving forward, we remain dedicated to cooperative principles, financial inclusion, and safeguarding our members' interests.

Best Regards,

Mr. Dipen Chutia
Managing Director,
Lakhimi Sanchay and Rindan S.S. Ltd.,
Dhemaji, Assam