From CEO's Desk
Mr. Ram Hassija (CEO)


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.