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Abhyudaya Cooperative Bank
With focused approach to help all and sundry for their financial prosperity, Abhyudaya Cooperative Bank Ltd., has emerged into the national foray as prominent Urban Cooperative Bank. It was way back in 1964 that 83 founding members of this bank collected Rs. 5000/- to start it. Transformation of the then Cooperative Credit Society into the leading banking operation today is a case study.
This bank got a boost as an Urban Cooperative bank after being granted Scheduled Bank status. Another crucial leap on January 11, 2007 was its turning into Multi-state Scheduled Urban Cooperative Bank. Its operation has crossed the Maharashtra state with branches in the Karnataka and Gujarat states that describe fast expansion.
According to records till 31.03.2011, Abhyudaya Cooperative Bank's capital base was Rs. 72 Crores with Rs.735.11 reserves. Total number of employees are 1,38,000 members. More than 14 lakh loyal depositors make its big customer base. The loan schemes of this bank are highly customer friendly and tailor-made which fulfills the needs of each customer.
Small entrepreneurs and businessmen are augured to apply for Udyog Vikas Yojana from Abhyudaya Cooperative Bank. Its 105 branches are well networked so its banking operation remains innovative experience. Computerized operation, perfect customer service and ATM facilities are some its modern features.
Abhyudaya Cooperative Bank Ltd Details:
IFSC Code of Banks In India