Dmk Jaoli Bank

Dmk Jaoli Bank was solely set up on cooperative society terms to reduce the gap between the rich and poor and protect the interest of the downtrodden and middle class in Maharashtra. We offer services like Savings Account, Term and Fixed Deposits, Vehicle Loans, Fisheries Loan, Property Loans, Fisheries Loans, Short term deposits, Agricultural finance, Online banking and the motto is All for one and One for all.

Factsheet of Dmk Jaoli Bank
Bank NameDmk Jaoli Bank
Founded inJuly 19, 1973
Promoters/foundersShri Dattatray Maharaj Kalambe and Honourable Hon. Bhilare Guruji
Headquarter Address

Dmk Jaoli Bank
No. 418/20/22,
Maulana Azad Road
Near Round Temple
M.A.Road
Mumbai---400004
Maharashtra

Employee's400
Type of BankCo-operative Bank
Official Websitehttps://www.jaolibank.in/
Customer Care Number022 - 23822773, 022 - 23828488

History of Dmk Jaoli Bank

The Dmk Jaoli Bank is the major branch located in Maharashtra to protect the interest of the people and promote their welfare in a logical manner. Furthermore, we wanted to improve the lifestyle of the agriculturists, artisans, and craftsman living in Maharashtra State. Shri. Dattatray Maharaj Kalambe was born in the family of farmer at Dandeghar near Panchagani in Satara district and did many social activities. He wanted to establish a good financial institution to help the poor and bring them at par with the rich in the society.

The social and economic needs of the people are vital and most of the initial members of this bank were the Mathadis, people working in Transport, Godowns and other private agencies in and around Satara Town. Most of them are struggling to meet the daily expenses of their kids and their education and the moneylenders are very cunning in fleecing the poor people to get the maximum benefits. This was unacceptable to Shri. Dattatray Maharaj Kalambe and wanted to promote their welfare and this was done by setting up cooperative bank and on July 19,1973 the Dattatray Maharaj Kalambe Jaoli Bank came to being. The philosophy is "All For One And One For All". 

Shri Rajaram Ombale is the Chairman and Shri Bhanudas Jadhav is the Vice Chairman of the Dmk Jaoli Bank.

Banking Services offered by Dmk Jaoli Bank

The Dmk Jaoli Bank is created on principles of the Cooperative movement and the services are given below as follows:

  • Bill Finance.
  • Term Deposits.
  • Line of Credits.
  • Staff Pensions.
  • Online Security.
  • Private Banking.
  • Mobile Banking.
  • Internet Banking.
  • Savings Account.
  • Current Account.
  • Women's Account.
  • Current Deposits.
  • Bank Guarantee.
  • Insurance Services.
  • Cyber Fraud Alerts.
  • Consumer Banking.
  • Demand Drafts (DD).
  • Transaction Banking.
  • Sustainable Banking.
  • Debt Capital Market.
  • Safe Deposit Lockers.
  • NRI Banking Services.
  • Personalised Cheque Facility.
  • Personalised Bank Passbook.

Loans and credit facilities provided by Dmk Jaoli Bank

The Dmk Jaoli Bank is created on principles of the Cooperative movement and various loan facilities are offered like:

  • Gold Loan.
  • Home Loan.
  • Vehicle Loan.
  • Demand Loan.
  • Personal Loan.
  • Property Loan.
  • Sureties Loan.
  • Business Loan.
  • Mortgage Loan.
  • Educational Loan.
  • Government Securities Loans like Indra Vikas Patra and National Savings Certificate.

Awards and Recognition

  • Won the 1st Prize For Annual Reports and Management 2018-19 by Brihan Mumbai Nagari Co.operative Bank Association.

Dmk Jaoli Bank has 25 IFSC connected branches in India. Bank has branches in following states:

  • MAHARASHTRA

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