M.S.E.B. Engineers
Co - Op. Credit Society Ltd.
Nagpur
एम. एस. ई. बी. इंजिनिअर्स
को - ऑपरेटिव्ह क्रेडीट सोसायटी लिमि.
नागपूर

Minutes Of Meeting

Brief of November 2023 Meeting

1) The Minutes of last month meeting were read out and confirmed.

2) The Receipt & Payment along with income & expenditure for the M/o Oct-2023 was approved.

3) The New Membership of 7 applicants was approved.

4) The withdrawal of membership of 4 members was accepted.

5) Loan sanctioned by the loan committee during the month was approved.

6) As per Govt. Of Maharashtra Circular the DA of Employees of Society is increased from 42% to 46%.

7) It is resolved to form Committee for Software development under the chairmanship of Shri P.P Kolte and members of committee are Shri A.B Suryawanshi, Shri S.B Parihar & Shri V.D Dubey. The committee will submit the report up to 31.01.2024.

8) It is resolved to form Committee to study & propose any changes in Mrugchaya Scheme under the chairmanship of Shri J.V Dethe and members of committee are Shri P.P Johari, Shri N.D Padole, Shri S.W Thawari & Smt Nisha P Choudhari. The committee will submit the report up to 31.01.2024.

9) It is resolved to extend the period of existing Damini RD to 1/2/3 years. The rate of interest will be 7.25% w.e f 01.12.2023. Damini RD can be started at any time/in any month. Damini RD can be withdrawn at any time/any month. No interest will be paid if withdrawn within 3 months.

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Latest News
  • Nomination may please be done to finalize claims.
  • Please submit the K.Y.C. details form to the Society for the correspondence.
  • Cash will not be Accepted in the society Office Except for New membership Registration Fee .
  • Please submit NEFT form to Society office if submitted please ignore.
  • Loan Interest rate changed from 08.75% to 09.00% from 01.02.2024
  • New Fixed deposit Interest rate changed from 7.50% to 7.75% for Regular Member & 8.00% for Retired Member from 01.02.2024
  • Old F.D.R. Sealing limit is up to 50 Lakhs per Member only, amount above 60 lakhs will be refunded on maturity.
  • Thrift Fund now changed Rs.450/- to Rs. 550/-
  • Additional Top Up Share Amount will not be Accepted 1st November 2018 share Amount will be Deducted from Salary Only
Financial Status

Details as on date 31/03/23

Deposit: Rs. 231.07 Crores

Loan: Rs. 264.18 Crores

No of A/C: 3588

Members: 3588


FINANCIAL STATUS

11.85
CRORES Reserve Funds
264.18
CRORES LOAN
3588
MEMBERS
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