The Nawanagar Cooperative Bank Ltd

The Nawanagar Cooperative Bank Limited of Nawanagar now known as Jamnagar registered under Gujarat Cooperative Act of 1961 was created to promote the common man and the business sector of Jamnagar. We have 11 branches in and around Jamnagar and offer services like Housing Loans, Cash deposits, Net Banking, Locker Services, Personal Loans, Vehicle Loans, Recurring Deposits, Cheque Books, Gold Loan, Email alerts, Fixed Deposits, Overdrafts, Agriculture Loans, Debit Cards, E-Statements and the ATM facilities as well.

Factsheet of The Nawanagar Cooperative Bank Ltd
Bank NameThe Nawanagar Cooperative Bank Ltd
Founded inJan. 1, 1980
Promoters/foundersShri Jaysukhbhai Hathi, Shri Gulabbhai Shah, Shri Jayantilal Anjaria, Shri Ramnikbhai Shah.
Headquarter Address

The Nawanagar Cooperative Bank Limited
Nawanagar Bank Bhavan
Hirji Mistry Road
Opposite Pranami School
Jamnagar 361004
Gujarat.

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.nawanagarbank.co.in/
Customer Care Number288-2563984, 2563985

History of the Nawanagar Cooperative Bank Limited

The Nawanagar Cooperative Bank Limited of Nawanagar was established by Shri Jam Shri Rawalji in the year 1540. This bank is one of the major banks located in the Saurashtra region of Gujarat. Nawanagar in Gujarati language means the New City and after some years, due to administrative regions it was changed to Jamnagar that boasts of great personalities like the Dhirubhai Ambani of Reliance. 

Jamnagar has got many old temples and it is known as the Brass City, because lot of brass equipment are made in this city. It is well connected by road and railways and has the bases for Army, Navy and Air force. Many great personalities of India were born in this place like Shri Vinoo Mankad, Shri Ajay Jadeja, Shri Ravindra Jadeja and others. This bank is registered under the Gujarat Co-operative Societies Act 1961 and did the business with a small amount of INR 1.36 Lakhs at Jamnagar in 1980.

Shri Siddhartha R Madhavani is the Chairman and Shri Dheerajlal B. Vanjara is the Vice Chairman of the Nawanagar Cooperative Bank Limited.

Banking Services offered by the Nawanagar Cooperative Bank Limited

There are various banking services obtained by the Nawanagar Cooperative Bank Limited and they are:

  • Email Alerts.
  • E-Payments.
  • E-Statement.
  • SMS Banking.
  • Funds Transfer.
  • Online Banking.
  • Mobile Banking.
  • Savings Account.
  • Current Account.
  • Locker Services.
  • Internet Banking.
  • Insurance Service.
  • Women's Account.
  • Cyber Fraud Alerts.
  • Demand Drafts (DD).
  • Debit Card Services.
  • Senior Citizen Account.
  • RTGS and NEFT Services.
  • Personalised Bank Passbook.
  • Personalised Cheque Book Facility.
  • Corporate salaries of different Hospitals and Organisation.
  • Government Schemes like PMSBY and the Atal Pension Yojana and PMJDY.

Loans and credit facilities provided by Nawanagar Cooperative Bank Limited

There are various credit and loan services offered by the  Nawanagar Cooperative Bank Limited and they are given below:

  • Car Loan.
  • Gold Loan.
  • Term Loan.
  • Vehicle Loan.
  • Housing Loan.
  • Property Loan.
  • Personal Loan.
  • Business Loan.
  • Mortgage Loan.
  • Consumer Loan.
  • Education Loan.
  • Loan against Security.
  • Loan against Property.
  • Loan against the KVP and the LIC.
  • Loan against the Fixed Deposit Ratios.
  • Loan against National Savings Certificate.

 

The Nawanagar Cooperative Bank Ltd has 11 IFSC connected branches in India. Bank has branches in following states:

  • GUJARAT

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