The Navjeevan Cooperative Bank Limited
_ a dream
of shri Sital Harchandani, an Ex M.L.A. of Ulhasnagar
Township for three terms and a very well known social
figure. He started the Bank with a great vision for the
people of Ulhasnagar.
_ A seed planted in the Bhawani Saw Mills Compound 18
years ago on 8th November, 1985 has grown into a big tree
& has spread its branches in all corners of Ulhasnagar
township. Today, Bank is having six fully computerised
Branches & an Extension Counter, working all seven
days a week with extended business hours handling
business volume of more than Rs.
230 crores serving a cliental base of more
than one lakh people with dedicated staff
strength of 179 members.
Depositors and Customers of the Bank come from all the
segments of the society - households, Salaried class,
Business community, Professionals etc. The Bank has retained
its excellent record in social lending
with priority sector Advances constituting nearly 60%
of its Bank credit, out of which weaker section share
is 25%. Apart from meeting credit requirements of trade,
commerce and industry, the bank has been giving small
loans to needy and weaker sections of the society for
the various social causes, such as education, marriage
purpose, medical treatment etc. without much delay.
For providing various Banking services like Demand Drafts,
Cheque collection arrangement, Foreign Exchange business,
opening of import L/Cs, Bank guarantees & RTGS the
bank has tie up arrangement with IDBI
Bank, ICICI Bank & Saraswat Co-op Bank.
The Bank has an ambitious plan of going 'online
with interconnectivity of all branches', installation
of ATM, & opening of new branches in
nearby areas of Kalyan, Thane, Mulund & Ambernath.
Last
year in 2005, the Bank successfully celebrated two
decade of excellence in the service of Ulhasnagar
Township. The Bank was also honoured and received
Best Urban Co-operative Bank Award in the entire Maharshtra
Region for the year 2004-05 from Maharashtra
Urban Co-operative Banks' Federation in the deposit category
of Rs.50 crores to Rs. 200 crores. The award was received
by its Founder Chairman at the hands of shri Shailesh
Kumar Sharma, Commissioner for Co-operation and Registrar
of Co-operative Societies, Pune and shri N.S. Vishwanathan,
RBI Cheif Manager ( In Charge ).
Come - Visit us and enjoy your Banking relationship with
the NAVJEEVAN COOPERATIVE
BANK LIMITED.
A CO-OP BANK _
Where Business is being conducted
with the successful blend of traditional values and ethics
and with the modern infrastructure.
A Bank _ Where
Service is a way of life.