Model Cooperative Bank Ltd

Model Cooperative Bank Limited was earlier known as the Mangalorean Catholic Credit Society now located in Mumbai, Raigadh and Palghar. We have 8 ATM kiosks and equal number of branches. We offer services like SMS Alerts, Lockers, Statements, Net banking, Email alerts, Account, Loans, Overdrafts, Mobile banking, Consumer and Personal Loans, Loans against the securities, and the Small Savings accounts.

Factsheet of Model Cooperative Bank Ltd
Bank NameModel Cooperative Bank Ltd
Founded inApril 26, 1916
Promoters/foundersMr. John D'Silva
Headquarter Address

Model Cooperative Bank Limited
14-B, Vatsa House
Janmabhoomi Marg
Fort, Mumbai - 400 023
Maharashtra.

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttp://www.modelbank.in/
Customer Care Number8080734488, 022-22874115, 22881247.

History of Model Cooperative Bank Limited

Model Cooperative Bank Limited is a very professional bank located in Santa Cruz in Mumbai and equipped with advanced computing facilities to assist the customers in Maharashtra. We became an establishment on April 26 1916 as Mangalorean Catholic Credit Cooperative Society and later we developed and brought in many cooperative principles in our daily banking activities. The society was rechristened as the “The Mangalorean Catholic Co-operative Bank Limited on 02-09-1998 and as “Model Co-operative Bank Limited on 14-12-1998.

We have set up the branches in places like Greater Mumbai, Raigad, Thane and Palghar Districts and playing a vital role in development of the Co-operative movements in Maharashtra. 

Banking Services offered by Model Cooperative Bank Limited

There are various banking services that are given by the Model Cooperative Bank Limited and they are:

  • SMS Alerts.
  • Net Banking.
  • Email Alerts.
  • E- Statements.
  • Mobile Banking.
  • Investor Relation.
  • Internet Banking.
  • Current Accounts.
  • Women's Account.
  • Bank  Assurances.
  • Utility Bill Payment.
  • Smart Kids Account.
  • RTGS/ NEFT facility.
  • E-Commerce Facility.
  • Basic Savings Account.
  • Safe Deposit Lockers.
  • Senior Citizen Account.
  • Tax Payment Services.
  • Core Banking Solutions.
  • Personalised cheque book.
  • POS (Point of Sale) Facility.
  • Personalised passbook facility.
  • PAN Card Application Systems.
  • Corporate salaries of different Hospitals and Organisation.
  • Registration for Government Schemes like PMJDY and Atal Pension Yojana and others.

Loans and credit facilities provided by Model Cooperative Bank Limited

There are various credit and loan facilities that are offered by the Model Cooperative Bank Limited and given below like:    

  • Overdraft.
  • Cash credit.
  • Travel Loan.
  • Vehicle Loan.
  • Holiday Loan.
  • Housing Loan.
  • Business Loan.
  • Educational Loan.
  • Asset Backed Loan.
  • Loan against property.
  • Asset Backed Overdraft.
  • Loan against Government securities.
  • Housing Loan-repair and renovation.

 Award and Recognition

  •  Received the award for more than 11 times for giving good performance at Mumbai and State Levels.  

Model Cooperative Bank Ltd has 26 IFSC connected branches in India. Bank has branches in following states:

  • MAHARASHTRA

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