We the employees of Oriental Fire and General Insurance Company Ltd. Formed a group comprising of insurance employees in the year 1978 to obtain land from DDA for. construction of dwelling houses. With a lot of pain and struggle the society was registered in. the year 1979 and its registered no. is 178. The membership of the group was duly registered with Registrar of Cooperative Societies, Parliament Street, New Delhi - 11008. After getting land from DDA the next step to achieve was from where to arrange finances for construction of home.
We approached our CMD Shri. K.N. Malhotra who after giving us patient hearing immediately declared that each registered member be provided loan for construction of flats. The loan department was instructed accordingly to act fast. This benevolent gesture of our CMD touched ,us a lot and we even today feel grateful and obliged to him for his act of kindness. This is how we oriental staff got roof over their head.