New India Cooperative Bank Limited

New India Cooperative Bank Limited is set up to offer social economic growth and develop the work force and business class in a logical manner. Furthermore, we have 555 members and offers Core Banking, Net Banking, Email Alerts, SMS Alerts, Online banking, Utility Bill Payments, E- Statements, Mobile Banking, Society Account, Educational Loans, Consumer and Personal Loans, Loans Against the Securities, Business Loans and Personal Loans.

Factsheet of New India Cooperative Bank Limited
Bank NameNew India Cooperative Bank Limited
Founded inJan. 1, 1977
Promoters/foundersNA
Headquarter Address

New India Cooperative Bank Limited
Mahesh Residency
Tandice Building
M G Road
Dahanukarwadi
Kandivali West
Mumbai 400067.

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.newindiabank.in/
Customer Care Number022 66264150

History of New India Cooperative Bank Limited

New India Cooperative Bank Limited is a great cooperative bank that was created in order to encourage the economic development of the small and medium class of workers. The bank is created as per the principles of the German Labour Bank, that reduced the difference between the owners and the workers.  The founders created this bank after a considerable struggle, in 1968 when they began operations as the Bombay Labour Co operative Bank Ltd., under the guidance of our founding fathers - Shri George Fernandez an eminent trade unionist and a member of parliament who was outspoken.

After the bank was established in the year 1968 it was renamed as New India Cooperative Bank Limited in 1977 and they have a huge branch network in many states of India. We are good in offering various services like the Forex Services, Home Loans, Vehicle Loan and the Professional Loans. 

We are one of the bank playing a major role in bringing the advanced technologies, as well as the finest practices in using various financial products to satisfy the need of the customers. Shri Digambar R Shirodkar is the Managing Director and CEO of the  New India Cooperative Bank Limited.

Banking Services offered by New India Cooperative Bank Limited

There are amazing banking services offered by the New India Cooperative Bank Limited like:

  • Demat.
  • Email Alert.
  • SMS Alerts.
  • E-Statements.
  • Forex Services.
  • Mobile Banking.
  • Online Banking.
  • Savings Account.
  • Current Account.
  • Internet Banking.
  • Children's Account.
  • Gold Loan Scheme.
  • Utility Bill Payments.
  • Debit Card Services.
  • Credit Card Services.
  • Senior Citizen Account.
  • Self Deposits Lockers.
  • Customised Cheque Books.
  • Customised Passbook Services.

Loan and Credit offered by New India Cooperative Bank Limited

 The loan and the credit facilities offered by the New India Cooperative Bank Limited are given below as follows:       

  • Term Loan.
  • Home Loan.
  • Vehicle Loan.
  • Property Loan.
  • Personal Loan.
  • Business Loan.
  • Mortgage Loan.
  • Educational Loan.
  • Loan against Property.
  • Loan against Securities.
  • Medical Equipment Loans.

    

 

New India Cooperative Bank Limited has 30 IFSC connected branches in India. Bank has branches in following states:

  • GUJARAT
  • MAHARASHTRA

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