Maharashtra State Cooperative Bank

Maharashtra State Cooperative Bank was originated due to the hard work done by Including the Vidarbha Co-operative Bank, during the creation of state on linguistic basis. We protect the interest of the members and promote their welfare by offering services like the Salary Accounts, Housing Loans, Vehicle Loans, Net banking, Email alerts, SMS Alerts, Statements, Society Account, Loans, Consumer and Personal Loans, Loans against the securities, and the Small Savings accounts.

Factsheet of Maharashtra State Cooperative Bank
Bank NameMaharashtra State Cooperative Bank
Founded inMay 1, 1961
Promoters/foundersSir Janardhan A. Madan
Headquarter Address

Maharashtra State Cooperative Bank
Shilpin Center
40 G. D. Ambekar Marg
Wadala
Mumbai - 400031
Maharashtra.

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.mscbank.com/history.aspx
Customer Care Number022-24106841, 24106843

History of Maharashtra State Cooperative Bank

Maharashtra State Cooperative Bank began working in October 1939 and having more than 70 plus years of experience. Since Maharashtra has see the rise of the cooperative movement some noble personalities from the cooperative world like  Shri R. G. Saraiya , Shri V. L. Mehta , Shri D. R. Gadgil, Shri D. G. Karve and Shri Vasantdada Patil, played a pivotal role in creation of this bank.

The best part is most of the District Central Co-op. Banks and Urban Co-op. Banks along with the State Cooperative Societies are the members of this bank, and thus the advise and guidance received by the Maharashtra State Cooperative Bank will always be evergreen.

Mr. Mukund Sundarlal Karmakar is the Chairman and Shri Sharad Apparao Medh is the Deputy Chairman of the Maharashtra State Cooperative Bank.

Banking Services offered by Maharashtra State Cooperative Bank

There are various banking services that are offered by the Maharashtra State Cooperative Bank and they are: 

  • SMS Alerts.
  • Net Banking.
  • Email Alerts.
  • Funds Transfer.
  • Fixed Deposits.
  • E- Statements.
  • Mobile Banking.
  • Savings Account.
  • Current Accounts.
  • Gold Loan Scheme.
  • Investment banking.
  • Debit Card Services.
  • Credit Card Services.
  • Safe Deposit Lockers.
  • Senior Citizens Account.
  • Account Maintenance Service.
  • Personalised Cheque Facility.
  • Personalised Bank Passbook.
  • Corporate salaries of Companies.
  • Undertaking the Government Schemes registration like PMSBY and the Atal Pension Yojana and PMJDY.

Loan and Credit facilities offered by Maharashtra State Cooperative Bank

There are various credit and loan services offered by the Maharashtra State Cooperative Bank and they are:     

  • Gold Loan.
  • Term Loan.
  • Home Loan.
  • Vehicle Loan.
  • Property Loan.
  • Women's Loan.
  • Personal Loan.
  • Business Loan.
  • Mortgage Loan.
  • Consumer Loan.
  • Senior Citizens Loan.
  • Enhancing the Credit Limits.

Awards and Recognition

  •  Udyonmukh Tarun Sahakari Karyakartha Awards.
  •  Vasanthdada Patil Nagari Sahakari Banks Awards.
  •  Smt. Susheeladevi Deshmukh Smruthi Mahila Awards.
  •  Women in Cyber World Award given to Swathi Pandey.
  •  Bapuraoji Deshmukh Uthkrusha Bank Employees Awards.
  •  Vaikuntha Bhai Mahela District Central Cooperative Bank Awards.

 

Maharashtra State Cooperative Bank has 61 IFSC connected branches in India. Bank has branches in following states:

  • MAHARASHTRA

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