About

The Chhattisgarhi Urban Credit Cooperative Society Maryadit was established by Founder Chairman Shri Nilchand Mahamalla, Vice-Chairman Shri Vipataram Mankar, and Directors Shri Sadaram Sarkha, Shri Nihali Mahamalla, Shri Somnath Ganpat Jail, Shri Shobharam Pela, Shri Tar Gaval, Shri Ishwari Saraya, and Smt. Baharinbai Sonboir.
The society was registered with 565 members and a share capital of 5,800 shares. Thus, the foundation of the institution was laid.
In the early years, the organization had to pass through many difficult phases to become stable and strong. Founder Chairman Shri Nilchand Mahamalla and his associates deeply reflected on how to uplift the economic condition of poor and underprivileged brothers and sisters. At that time, exploitation by moneylenders was increasing day by day, and it had become extremely difficult for poor laborers to escape from debt.
During the period of establishment, most people in the region were engaged in occupations such as handcart pulling, rickshaw driving, machine labor, grain markets, vegetable markets, and construction work. Due to a lack of financial support, families struggled to arrange funds for marriages, funeral ceremonies, childbirth rituals, and house construction. This financial hardship negatively affected children’s education and cultural upbringing.
Since most residents in the area were Chhattisgarhi-speaking, they were unable to obtain financial assistance from other banks or cooperative institutions. Keeping this social and economic backwardness in mind, the society was established.
Initially, the society provided financial assistance to members through loans ranging from ₹2,000 to ₹10,000, gradually progressing on the path of development. After five years, as reflected in the published progress reports, the first tenure was completed, and leadership changes took place through the election process.

Leadership Period – 1995
In 1995, through elections, the members entrusted responsibilities to:
Chairman: Shri Purushottam Kunwarhawra
Vice Chairman: Shri Ajit Kaushal
Secretary: Shri Mulchand Nirmalkar
Directors: Shri Shal Sahu, Shri Sadaram Sarkha, Shri Nilchand Mahamalla, Shri Vipataram Mankar, Shri Sitaram Malghati, Smt. Baharinbai Sonboir, Smt. Basantibai Dubale, and Shri Mandhir Koya
After being appointed as Secretary, it became a memorable and proud moment, and efforts were continuously made to lead the institution toward progress. During this tenure, a revolutionary idea emerged — to acquire land in the society’s own name. This dream was fulfilled by purchasing a 1,000 sq. ft. industrial plot, constructing a building, and shifting the office there.
Considering member convenience, loan limits were increased and financial facilities expanded. By the year 2000, the society had grown to 1,418 members with a share capital of ₹23,38,000, successfully completing the tenure.

Tenure: 2000 – 2005
Through elections, the following leadership was formed:
Chairman: Shri Purushottam Kunwarhawra
Vice Chairman: Shri Ajit Pragati
Secretary: Shri Mulchand Nirmalkar
Directors: Shri Mewalal Sahu, Shri Sitaram Malghati, Shri Dinesh Lajina, Shri Prakash Sonkatar, Shri Ashok Banjare, Shri Narayan Atlakham, Smt. Basantibai Dubale, and Smt. Manabai Jethumal
During this period, continuous development work was carried out according to the changing needs of members, and the tenure was successfully completed.

Tenure: 2005 – 2010
Members elected a new executive committee under:
Chairman: Shri Dinesh Tajina
Vice Chairman: Shri Anis Kisht
Secretary: Shri Mulchand Nirmalkar
Directors: Shri Nilchand Mahamalla, Shri Mewalal Sahu, Shri Sitaram Maladi, Shri Raghuchan Sarkha, Shri Prakash Sonkatar, Shri Kripal Bhoyar, Shri Narayan Atlakham, Shri Dinesh Gujele, Shri Ramesh Yadav, and Smt. Manabai Jethumal
Important progressive initiatives were undertaken during this tenure, including:
Increase in general loan limits
Financial assistance for funeral support
Introduction of insurance-related processes
Complete computerization of operations
Active contribution in social welfare and education sectors
Improvement of internal administrative systems

Later Development Phase
After completion of the tenure, new elections were held, and a new executive committee was formed under the leadership of Chairman Shri Maki Nirmalkar, along with Vice Chairman Shri Mewalal Sahu, Secretary Shri Vipataram Mankar, and other directors.
Keeping in mind the efficiency of previous leadership and the evolving needs of members, the committee focused on modernization. Considering growing business competition, the society expanded its infrastructure by constructing the first floor of the society building and equipping it with modern facilities to remain competitive.