Our Profile
Our
Profile
Our
Profile
Who Are We?
Buldana Urban Management Services is a digitally-oriented financial organization for SME and ENTERPRISE loans and a multi-facilitated business correspondent to several banks and financial institutions.
Buldana Urban Management Services commenced operations in 2018 to empower ‘economically active poor women’ by giving them access to financial services while equipping them with suitable livelihood and technical skills. This successful venture aided the organization in expanding in terms of scale and impact.
As a part of the new initiative under the Digital India Program, Buldana Urban has built financial service-based banking. It is committed to bridging the digital divide between urban & rural India by fulfilling basic banking needs.
Buldana Urban Management Services Private Limited (‘BUMSPL’) is a private limited company registered on June 27, 2017 under the Companies Act, 2013. BUMSPL is a group company of Buldana Urban Co-operative Credit Society Limited, Buldana (BUCCS). The core of our leadership is formed by Mr. Shirish Deshpande (CEO, BUCCS), and two independent directors: Mr. Suvrat Deshpande and Mr.Satishchandra Vidhyadhar Hardikar.
Buldana Urban Credit Co-operative Society (BUCCS) is an urban cooperative credit society registered on June 19, 1986 under the Maharashtra Co-operative Societies Act, 1960. As we expanded beyond the state of Maharashtra, our status changed to that of a Multistate Co-operative in January 2008. Since its inception, BUCCS has repeatedly obtained an ‘A’– the highest rating set by the Registrar of Cooperative Societies (RCS).
As an organization, BUCCS is firmly involved in remedying a variety of social issues. Our operations have expanded to cater to the rising demands of modern Indian society. Our livelihood enhancement initiatives have helped several farmers to find alternative income avenues, thereby reducing dependency on the traditional cotton economy. Our work to revive sugar mills has ensured remunerative prices to hundreds of sugarcane farmers from down-trodden communities. Our efforts in improving the quality of education in rural areas benefit more than 10,000 students studying in its day schools at various places. Besides being the first to implement core banking, the Buldana Urban Credit Co-operative Society is the society of its kind in India with a well-connected network of 465 Branches across 7 states.
The new group company was formed to exclusively focus on microfinance. BUMSPL is currently working across various districts in Maharashtra, with the sole aim of providing financial assistance to deserving households in rural and semi-urban areas. BUMSPL is an intermediary for promoting financial inclusion in the country. The company aims at facilitating quick financial access by providing credit, micro-insurance and digital banking services to unbanked clients in certain targeted areas.
