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• The Pusad Urban Cooperative Bank Ltd Pusad

The Pusad Urban Cooperative Bank Ltd Pusad

The Pusad Urban Cooperative Bank Limited was created to encourage the economic development of the Vidarbha Region of Maharashtra. We have 38 branches and the primary motive was to develop the rural areas of the state. We offer Easy Pay, Insurance, Fund Transfer, Vehicle Loans, Utility Bill Payments, Housing Loans, SMS Alerts, Business Loans, Credit Cards, Locker facility, Women’s Loan, Overdrafts, Agriculture Loans, Fixed Deposits, and the Debit Cards.

Factsheet of The Pusad Urban Cooperative Bank Ltd Pusad

Bank Name	The Pusad Urban Cooperative Bank Ltd Pusad
Founded in	Jan. 1, 1985
Promoters/founders	Late Shri Shriram Appaji Asegaonkar and Shree Babuseth Hirani.
Headquarter Address	The Pusad Urban Cooperative Bank Limited Head Office & Main Branch Talao layout Pusad---445204 Maharashtra
Employee's	NA
Type of Bank	Co-operative Bank
Official Website	www.pusadurbanbank.com
Customer Care Number	07233--248021, 245919

History of the Pusad Urban Cooperative Bank Limited

The Pusad Urban Cooperative Bank Limited was created in the year 1985 after license was granted by the Reserve Bank of India. This prestigious establishment came into being on October 8,1985. This bank started in Yavatmal district with 10 people and Shree Babuseth HIrani was the founder of the Pusad Urban Cooperative Bank Limited in Maharashtra.

Shri Adv. Appraoraoji Sambhaji Maind an initiating Director of the Bank and later took up guard of Chairmanship in 1988 and he was very influential in nature and coordinated all the banking transactions in Yavatmal district in a logical manner. All the branches were computerised and currently we have 20 plus branches. 

Shri Sharad Apparaoji Maind is the current chairman of the Pusad Urban Cooperative Bank Limited and bank is moving in the positive direction to fulfil all the desires in a logical manner. 

Banking Services offered by the Pusad Urban Cooperative Bank Limited

There are various banking services offered by the Pusad Urban Cooperative Bank Limited and they are as follows:

• Email Alerts.
• S M S Banking.
• Fixed Deposits.
• Money Transfer.
• Online Banking.
• Bank Guarantee.
• Current Account.
• Savings Account.
• Internet Banking.
• Insurance Services.
• Recurring Deposit.
• Rate of Exchange.
• Cyber Fraud Alert.
• Foreign Exchange.
• Corporate Banking.
• Demand Drafts (DD).
• Mutual Fund Service.
• Safe Deposit Locker.
• Debit Card Services.
• Senior Citizens Services.
• RTGS and NEFT Services.
• Online Tax Payment Service.
• POS (Point of Sale) Facility.
• Personalised Bank Passbook.
• Customised Cheque Book Facility.
• Corporate salaries of different Hospitals and Organisation.
• Registering for the Government Schemes like PMJDY, PMSBY and the Atal Pension Yojana.

Loans and credit facilities provided by the Pusad Urban Cooperative Bank Limited

There are various loan and credit facilities offered by the Pusad Urban Cooperative Bank Limited and they are as follows:

• Gold Loan.
• Term Loan.
• Vehicle Loan.
• Housing Loan.
• Property Loan.
• Personal Loan.
• Business Loan.
• Mortgage Loan.
• Consumer Loan.
• Educational Loan.
• Agricultural Loan.
• Professional Loan.
• Loan against Pledge.
• Loan against the Gold.
• Guarantee Repayment Loan.
• loan for Importers and Exporters.

Awards and Recognition

• Yuvak Mudra State level Co-operative banks competition has Awarded.
• Best functioning of the bank The Maharashtra Co-operative Banks Association has Awarded to the Bank.
• The Maharashtra State Co-operative Banks Association Ltd., Mumbai has Awarded by Appreciation letter.
• Hon. Rajaram Bapu Patil Yuvak Mudra State level Co-operative banks competition has Awarded by 4th and the 5th Prize respectively.
• State level competition of annual report valuation through National Co-operative development & Ruler Management Institution awarded 2nd prize.
• Mumbai Kai Padmabhushan Vasantdata Patil Best Urban Co-operative bank has Awarded within Vidarbha to the bank for the Financial year 1995-96, 1996-97, 1997-98 awarded by first prize and 2013-2014 above 100 Cr Deposits of the bank awarded the first prize.
• The Maharashtra Urban Co-op. Banks Federation Ltd., Mumbai Awarded by 1st Prize to the bank for the Financial year 2013-2014 in the slab of Rs. 600 Cr to 1000 Cr Deposits of the bank.

 

      

The Pusad Urban Cooperative Bank Ltd Pusad has 38 IFSC connected branches in India. Bank has branches in following states:

MAHARASHTRA