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 June 2024 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 May-2024 was approved.

3) The New Membership of 6 applicants was approved.

4) The withdrawal of membership of 13 members was accepted.

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

6) It was resolved to grant medical Aid of Rs.12,500/- to Er. Sunil Laxmanrao Garate (M.No.3589) of CSTPS.

7) The Statutory Audit report of FY 2023-24 is submitted by CA Amit Madhukar Jain & Co. The Audit report was discussed & points raised in report are to be complied. The Compliance report is to be submitted to Joint Registrar, Cooperative Societies. After detailed discussion, it was resolved to submit the compliance report.

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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 31/03/24

Deposit: Rs. 247.52 Crores

Loan: Rs. 286.57 Crores

No of A/C: 3600

Members: 3600


FINANCIAL STATUS

247.52
CRORES Deposit
286.57
CRORES LOAN
3600
MEMBERS
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