Background

Janakalyan Sahakari Bank Ltd. was established on 29th May 1974, under the Maharashtra State Co-operative Societies Act, 1960 and commenced operation on 15th August 1974 upon receipt of the license from the Reserve Bank of India.

Transparent operations, personalised services, and professional administration, coupled with social commitment have been the hallmark of the Bank, which has shown steady growth over the past four decades and is presently one of the leading Co-operative Banks in Maharashtra based on business mix. The Bank was conferred with the coveted Scheduled status on 30th January, 1998.

The Bank has a Shareholder base of over 55,000, over 3,07,000 Depositors and more than 8,500 Borrowers which clearly demonstrates the reach of the Bank and the trust of the general public.