Vision - Mission - Goal

Mission

BECS mission is to provide financial aid to every registered member of society.

Everyone’s life suffers from critical situations like family member’s hospitalization, lay off, natural calamities, unexpected expenses, education, and life enhancement purchases etc.

Vision

BECS will provide secure future in unfortunate circumstances and will improve personal decision making to buy things with support of member’s small savings. Indirectly every member will have the feeling of contribution towards this humble cause.

Goal

BECS hope to improve financial security in our society members.

Monthly Meeting Jan 2012

Hi All,
 
Our monthly meeting held on 12-Jan -2013 at Balgandharva.

Meeting Attendance was as below.

1) Abhijeet Shiral

2) Dinesh Ambatwar

3) Mahesh Kothale

4) Mahesh Nilakhe
5) Mitesh Shaha

6) Mokind Savant

7) Pankaj Kawtekar

8) Pratik Fhulwade

9) Pravesh Shinde

10) Rahul Nikam


The Point discussed in meeting:

1) One Year Completion of society.

2) Annual Trip (Planning for Shegaon)

3) Discipline committee

4) Website Development Team

5) Rules for Loan sanction Team

6) Hosing Scheme


 One Year Complete:
We completed one year in as a Begale group. Congratulation to every member for their dedication, support, timely payment and vision. We have lots of hope from future.

 
Yearly Trip (Shegaon)
With purpose of family members get together we have decided to arrange low budget trip. Location decided is Shegaon (Anand sagar). Dates and schedule is in discussion now. Lets send any ideas related to trip on begale@gmail.com. 


Discipline committee
For all of us to keep discipline in Begale we are trying to develop a committee for timely assist our members for their monthly contribution and monthly installments. If any issues from members they can communicate with them.

Team members

1) Mahesh Swami

2) Mokind Savant

3) Sachin Sutar

4) Pallavi Moone

5) Mitesh Shaha

6) Pankaj Kawtekar.

7) Shripad Boralkar

Website Development Team:
We have formed a team for website development with our domain name begale.co.in.

Team will create subgroup based on responsibility accordingly Design, Development & Testing.
Our logo and Punch line will be developed by them.

Team Members are

1) Ravindra Changle

2) Abhijeet Shiral

3) Amol Bawge

4) Sandip Sarpe

5) Santosh Thenge

6) Mitesh Shaha

7) Amjad Madre

Rules for every committee members
a) Two members will lead that Group.

b) These members should be elected by other committee members.

c) At least four members votes will be considered as majority for any decision.

d) Every member must present 8 (Eight) monthly meetings in every year, else for absence Rs 100/-  will fine for that member.

e) Committee member attended 6 meetings in last year will be qualified for next year.

Housing Scheme

1) This plan is for 40 members only.

2) Confirmation of every member will be with a cheque of Rs 50,000/- in favour of Begale Society Purush Mahila Bachat Gat.

3) Issuing of membership is on "First Come First Serve" basis only. Last date of registration along with the cheque will be 12th of April, 2013. Only condition is that he/she should be a member of begale.

4) Location is finalized as Gujarwadi, 2-3  Km from Katraj chowk,  9-10 Km From Swarget.

5) After first 20 Members, we will start searching a land for scheme.

6) Estimated apartment area will be around 1,000 sq feet. (+/-  10 t0 15 %)

7) Estimated cost for development will be around 15, 000 Lack (+/- 10 to 15 %) per head.

8) Once land gets finalized, every one should pay his share (40th  part of total cost of land) before deciding date at that time. (we will try to approach bank as a group for those interested in loan for purchasing land. )

Loan Rules

Download Loan Rules

Click Download Loan Application Form

  

                                      Power of Booster                                                       

BEGALE SOCIETY PURUSH MAHILA BACHAT GAT

                                   

                                                                                                                       

Short term: Upto three months.

Long term: Upto 12 months.

 

• Eligibility for loan will be available only after six months of registration of Begale membership [Begale Management team may allow or has the right to sanction loan amount till 10,000/- for any new joinee depending on the nature of requirement].

 

• Only members who have regularly paid the monthly fees since last 6 months will be eligible to avail this loan facility.

 

• Loan amount that can be availed will be minimum Rs. 5000/- to maximum Rs. 50,000/-.

 

• Defaulting members can get the loan only after a period of three months after he/she has paid their dues concerned to the monthly fees or loan.

 

• Two members who are regular in their payments will be required as guarantors

 

• Interest Rate will be (Flat) 12% per annum.

 

• Long term loan Processing Fees will be 2% of total sanctioned loan amount or Rs. 1000/- which will be less.

 

• Tenure to close the loan will not exceed 12 months in case of long term loans.

 

·         EMI Date of loan repayment to Begale would be before 10th of each month.

 

·         Due date for the monthly share or loan installment would be 10th of each month.

 

·         Fine for late payment of any share or loan installment will be 10 % of its total amount which will be recovered in the same month.

 

·         Converting Short term loan to Long term loan :    Whatever principle amount would be received in the long term tenure will be subtracted from the remaining principle amount.  Interest rate will change from 1.5% to 1% monthly.  Processing fees 2% will be there for the remaining principle amount.

 

·         Converting Long term loan to Short term loan: No such facility.

 

·         Processing fees for short term loan : Processing fees will be zero for the short term loan.

 

·         Charges for Preclosure of loan : Preclosing loan charges will be 2% on the remaining principle amount. Current month loan EMI will be applicable.

 

• Hospitalization loan –

We have reduced interest rate from 12% to 11 % for hospitalization purpose only. Hospital authority letter will be required for same.

 

Loan for medical purpose : Sharing medical reason is mandatory. Need to submit medical\hospital bills if any. After verification, loan will be sanctioned.

 

I hereby agree to all the above defined rules. I will accept all rules as a member of Begale Society Purush Mahila Bachat Gat.

Final decision by Management of Begale Society Purush Mahila Bachat Gat would be applicable in all circumstances.

 

 

Applicant  Signature.                                      Date

Housing Scheme "Maitri Park"

Following are the Rules/Guidelines discussed and approved for "Maitri Park" members-

Point 1 :- Every member will issue an cheque of RS 50,000/- in favour of Begale society.
This is security deposit to work towards, and in favour of an deal.
This deposit will be returned, once we finalize the deal and we make first installment payment to builder/Landowner.

Those who have already given Rs 5000/- cheque, please note that, these cheques will be deposited by the end of august.

Point 2 :- Rs 5000 will not be refunded and will be in member name till he is a member.
It can only have the transfer rights to other member name, on transferring the said property share.

Point 3 :- For regular expenditure, for the process of this deal, we require an amount .
Till date 2nd Aug, the expenditure is 7500/- and will increase in future ( expected 10,000).
We need to share this amount as well.

Point 4 :- We have classified the deposit amount who has enroll for “Maitri Park”
For First 24 members-  Rs- 50,000/- as deposit and this full amount will be refundable.
From 25th member onwards - Rs -1,00,000/- deposit and only 50,000 will be refundable. Remaining 50,000/- will be in Maitri Park expenses account.

Point 5 :- Any decision related to location, builder,lawyer, building, amount  etc..  will be presented and  by having a poll, the decision will be finalise.

The final decision will be intimated and will be applicable when - 70% majority voting among present members will be done


If anyone have any query call to Mahesh Kothale

Account Details of Group

A/C Details are as below.

 

Bank Name: State Bank of India

Customer Name: BEGALE SOCIETY PURUSH MAHILA BACHAT GAT

Account No: 32584261255

IFSC:  SBIN0014730

Branch Code: 14730

Account type: Saving  (Domestic)

Branch Address: Sangvi