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10 Most Promising Co-operative Banks from Maharashtra - 2025

Maharashtra stands as a pioneer in India's co-operative banking movement, with a rich legacy spanning over a century. The state's co-operative banking sector represents a unique model of financial inclusion that has enabled thousands of farmers, small businesses, and rural populations. These institutions were formed on the ideals of self help and mutual support, becoming the economic support of the Maharashtra grassroot economy.

In Maharashtra, the co-operative banking system is at various levels and includes State Co-operative Banks, District Central Co-operative Banks (DCCBs) and Primary Agricultural Credit Societies (PACS). This three-tier model ensures that the financial services are available even to the most isolated villages and close the divide between formal banking and unserved communities. A sizable amount of India's cooperative banking assets are...

10 Most Promising Co-operative Banks from Maharashtra - 2025

Ahmednagar Merchant

Hastimalji Munot, Chairman

The bank provides a wide range of services: customers can access ATMs, use RTGS/NEFT fund transfers, mobile and internet banking, maintain DEMAT accounts, and use safety lockers

Cosmos Co operative Bank

Milind Kale, Chairman

The bank offers a wide array of services: from basic savings, current, fixed-deposit and recurring-deposit accounts to more advanced products such as home loans, car and two-wheeler loans, gold loans, education loans, demat and brokerage services

Jalgaon Janata Sahakari

S.J.Nagmoti, Chief Executive Officer

The bank offers a wide range of banking services including savings accounts, current accounts, fixed deposits, recurring deposits, and term-deposit schemes

Karad Urban Co-operative Bank

Subhashrao R. Joshi, Senior Director & Mentor

The bank offers a full suite of banking and financial services, including deposit products such as fixed-term deposits, recurring deposits and savings accounts; and lending services like agricultural and non-agricultural loans to support its members and local customers

Kolhapur District Central

Hasan M. Mushrif, Chairman

The bank offers a full suite of banking services including deposits, modern banking facilities like ATM/debit cards, mobile/internet banking, and paperless banking

Nationl Bank

P. V. Page, Chairman

The bank provides a broad array of banking services: for deposits it offers savings accounts, current accounts and various deposit-schemes; for credit it offers personal loans, home loans, gold loans, car loans, education loans

Poornawadi Nagrik Sahakari Bank

Subhash Kashinathrao Joshi, Chairman

The bank offers a wide range of banking services: customers can open deposit accounts, and enjoy convenient modern banking facilities such as ATM / POS / e-commerce payments, IMPS, NEFT/RTGS fund transfers, UPI, and mobile banking

Rayat Sevak

Gaikwad Nandkishor Babanrao, Chairman

The bank offers a mix of traditional and modern banking services to its members and customers. Among its services, the bank provides ATM cards, locker facilities, and various deposit and savings schemes

Sangli District Central Cooperative

Mansingrao Fattesingrao, Chairman

The Bank offers a broad array of banking services: from basic deposit and loan products to modern banking conveniences like ATMs, mobile-banking vans, debit-cards, NEFT/ RTGS fund transfers, and QR-based payments

Shriram Urban Co operative Bank

Parag Saraf, Chairman

The bank offers a variety of banking services: deposit accounts, lending/loan facilities, utility bill payments, locker facility, debit-card / ATM services, RTGS/NEFT fund transfers, and generally everyday banking conveniences for its members and customers