The Akola District Central Cooperative Bank is the major cooperative society set up in Akola in Maharashtra. At present we have 107 branches and ATM. We provide the valued services like Net banking, Corporate Loan, Mortgages, Educational Loan, Agricultural Loan, Development Loan, Senior Citizens Loans, Women’s Loan, Property Loan, Vehicle Loans, E statements, RTGS, NEFT, Email alerts, Future Protection Plans, SMS alerts and the Debit Card facilities.
Factsheet of The Akola District Central Cooperative Bank| Bank Name | The Akola District Central Cooperative Bank |
| Founded in | Feb. 5, 1909 |
| Promoters/founders | Late Dadasaheb Soman and 12 noted social activists. |
| Headquarter Address | The Akola-Washim District Central Co-operative Bank Limited |
| Employee's | 675 |
| Type of Bank | Co-operative Bank |
| Official Website | https://www-akoladccbank-com.translate.goog/contact-us?_x_tr_sl=mr&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc |
| Customer Care Number | 0724 - 2414275, 2415276, 2415277, 2415333, 2415334, |
The Akola District Central Cooperative Bank is a very strong Co-operative bank established in Maharashtra with 108 years of service and in the earlier times it was known as the The Akola Central Urban Bank Limited Akola. Furthermore in the year 1908 the leading social workers of the town of Akola established the Central Bank offering the loan to the 14 Co-operative Societies. During 1908, Mr. Hemingway was the Registrar of Co-operative Societies and also issued a registration certificate of the bank on February 5, 1909 and the banks administration has undergone a tremendous change.
Furthermore, during this time there was economic recession and during this time there was tremendous decrease in the agricultural production and during 1930 to 1940 there was lot of financial issues and financial activities of the Akola District Central Cooperative Bank came to a standstill.
The Akola District Central Cooperative Bank started giving the monetary assistance to the farmers according to their needs and interestingly some of them became the members of the board of directors. This exercise was good as they were from the farming background and understood the issues faced by the farming community in Maharashtra State.
Shri Hon. Mr. Dr. Santosh Kumar Vamanrao is the Chairman and Shri Mr. Sridharrao Shaligramji Kankirad is the Vice President of the The Akola District Central Cooperative Bank.
There are various banking services given by The Akola District Central Cooperative Bank and they are given below:
There are various credit and loan services given by the The Akola District Central Cooperative Bank and they are:
The Akola District Central Cooperative Bank has 113 IFSC connected branches in India. Bank has branches in following states:
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