Committed to Social Causes and Economic Empowerment
Sindhudurg Sahakari Bank Ltd., Mumbai was founded on 1st April 1995 by a group of dedicated individuals committed to social causes in Mumbai. Since its inception, the bank has steadfastly aimed to support the economically weaker sections of society, establishing itself as a bank for the masses.
Financial Strength and Growth
Over the past two decades, the bank has shown steady growth. As of 31st March 2023, our financial status reflects robust health, with deposits amounting to Rs. 44.0 crores, advances of Rs. 34.0 crores, and a share capital of Rs. 3.0 crores. Our operations have expanded to include two branches and two extension counters across Mumbai and suburban Maharashtra, catering to a diverse and growing customer base.
Achieving Milestones and National Recognition
In recognition of our progress and reliability, Sindhudurg Sahakari Bank Ltd. was accorded the status of a Multi-State Scheduled Bank on 29th March 2012. We now operate as a Multi-State Co-Operative Bank under the Multi-State Co-Operative Societies Act of 2002.
Fostering a Collaborative and Supportive Environment
Our success is built on the contributions of our shareholders, customers, employees, and well-wishers. Their involvement is the cornerstone of our achievements and ongoing progress. To ensure the highest standards of customer service, we provide extensive training to our employees through our own training center, which is recognized by the Co-operative Department of the Government of Maharashtra.
Embracing Technology for a Brighter Tomorrow
At Sindhudurg Sahakari Bank Ltd., Mumbai, we are committed to leveraging technology and innovation to enhance our services and continue our journey towards greater milestones.
