A Bank is established  in Ambernath city in the year 1986 by Mr.Vilas Desai and his friend to provide basic financial assistance & Banking services to common people. Initially the intention behind the opening of a Bank was to rescue the workers of various Industries, Municipalities & common people from the clutches of Savkar and money lenders.

Bank was successful in this endeavour. Today the bank has contributed  major share in the upliftment of Ambernath – Badlapur belt.

BUSINESS:

            Now Bank has crossed the Silver Jubilee Year. In the history of 26  years total business of the Bank has reached to Rs.290 Crores by collecting a Deposit amounting to Rs.195 Crores and disbursing loans amounting to Rs.95 Crores. Bank is having a Network of 9 branches & one Extension counter spread over from Thane to Badlapur Area.

TECHNOLOGY:

            To get prompt & excellent service to its customers the Bank has adopted “Core Banking Solution”. By which the Bank provides services of “Any Branch Banking” and “SMS Banking”. Bank has also taken a historic step for sharing of other banks ATMs so that at more than 14000 ATMs will be made available to its customers across the country.

            Bank also provides various services with the help of modern Technology such as RTGS / NEFT, Foreign remittance, Centralized Clearing, Cheque Book Printing etc.

SPECIAL:

            Founder Chairman of the Bank Mr. Vilas Desai is a renowned personality in the Co-Op Sector & is holding prestigious posts in the co-operative Banking Sector as follows:

Chairman: Kokan Nagri Sahakari Bank’s Association, Kalyan.

Director  : Maharashtra State Urban Bank’s Federation Ltd.Mumbai.

Director  : National Federation of Urban Co-Op Banks. New Delhi

Member  : TAFCUB ,Goa.

            Bank is always benefited by the guidance and his vast experience his expertise &

            giudence.

                                                                                                              more...>>>