Chairman
â—Ź Established in 1992 under the Maharashtra Co-operative Society Act
â—Ź Started as the Mehkar Co-operative Credit Society with 13 members and Rs. 65,000 in share capital.
â—Ź Expanded into Pune, operating from six branches, including the headquarters in Mehkar.
Satyajeet Urban Co-operative Credit Society Ltd. is dedicated to making a positive difference in the community through various social initiatives.
In 1997-98, Chairman Mr. Shyam Umalkar and colleagues acquired 2 acres of land along the Nagpur-Pune highway to establish the Shri Sant Gajanan Maharaj Seva samittee Mehkar.
Strengthen community finances and enhance lives through excellent banking services
Mehkar, a part of Buldhana District in Central Maharashtra, faces challenges due to limited infrastructure, education, and healthcare facilities. With only one nationalized bank and a couple of cooperative banks until the early ’90s, obtaining loans for various needs was extremely difficult. In response, Shri. Shyam Umalkar and 13 colleagues established Satyajeet Co-Operative Credit Society in 1992 with a modest share capital of Rs 65,000.
They aimed to provide financial services to the community, including teachers, farmers, small business owners, government employees, and women. Within a short span, they attracted over 500 customers and amassed deposits of 3 crore rupees in just two years. The society’s goal was to support individuals at the micro-level with loans for various purposes.Welcome to Satyajeet Urban Co-Operative Credit Society Ltd.
Satyajeet Urban Co-operative Credit Society Ltd. was established on April 1st, 1992, under the Maharashtra State Co-Operative Society Act 1960. Originating as the Mehkar Co-Operative Credit Society Ltd. with 13 members and Rs. 65,500 in share capital, it was founded by Mr. Shyam Umalkar to provide financial assistance during crises.
In 32 years, it has expanded into Pune, operating from six branches, including the headquarters in Mehkar. The organization boasts 66 well-trained employees, with a strong commitment to continuous training for all members, directors, employees, and the sales force to maintain high-quality service.
Mehkar
Dongaon
Dusarbid
Lonar
Mehkar
Sakharkherda
Pune
Services
Awards and Recognition
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Shri Sant Gajanan Maharaj Sansthan
In Shegaon, known for Shri Sant Gajanan Maharaj, a prominent saint of the 20th century, the pilgrimage site witnesses a continuous stream of devotees. To accommodate the elderly, women, and children seeking darshan, various smaller Gajanan Maharaj Temples were built across the region.
In 1997-98, Chairman Mr. Shyam Umalkar and colleagues acquired 2 acres of land along the Nagpur-Pune highway to establish the Shri Sant Gajanan Maharaj Seva Sansthan, Mehkar. Over time, with the guidance of spiritual leaders, the committee constructed a two-story octagonal temple in Mehkar.
The committee hosts three significant annual events as outlined below- Gajanan Maharaj Birth Anniversary (Pragat Divas)
- Rushi Panchami (Memorial Day of Shri Gajanan Maharaj)
- Dusherra (Last day of Navratri Utsav)
