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

Our Schemes

Thrift Fund :

Through this Thrift Fund we are operating five different schemes :

  • Group Insurance Scheme:

    Under this scheme, the coverage of assured sum of Rs. 25,00,000/- is given to the every existing member of our Society.

  • Medical Aid To Member :

    For Existing Members, suffering from serious diseases, an amount up to maximum of Rs.12500/- is given as medical aid through this scheme.

  • Sanjeevani Scheme :

    Non-interest medical relief Advance up to the maximum limit of Rs.3,00,000/- is deposited directly to the hospital where the member is admitted to meet with the emergencies. This amount granted / paid to the member is to refunded to the society by the member within a span of 12 months the date its deposition in the Hospital.

  • Medical Relief Advance For Family member of the Society Members :

    The provision for non-interest advance up to max limit of Rs. 3,00,000/- is made. This amount is given to members to meet the life threatening emergencies in respect his/her family members.Defination of fimaly only member Husband/wife/Children are only are covered fimly Member.

  • Arogya Vibhav Yojana :

    Medical Checkup Scheme is launched for all Regular and Retired Members including their family Members under this scheme medical checkup at Renbo Medinova. For more details please refer AGM Booklet page no. 22-24

The monthly contribution of Rs. 550/- against Thrift Fund is collected from every member.

Mrigchhaya Scheme:

Retired Members who are having Fixed Deposit with Society are lible in the Scheme, under the Scheme maximum Rs.10,000/- or 0.5% extra on deposit is as given as Medical Aid wich is less to Nominal Member of the society is given through this Scheme.

Awards To Meritorious Children’s:

Cash prizes Certificates to the meritorious children of our members who excel in the S.S.C and H.S.S.C Exams are given every year.

Our Services

Daminee RD

Daminee RD

Emergency Loan

Emergency Loan

Fixed Deposit

Fixed Deposit

Fixed Deposit

Short Term Fixed Deposit

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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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