The Zoroastrian Cooperative Bank Limited

The Zoroastrian Cooperative Bank Limited was set up in 1927 in Surat by Sir Hormusjee Cowasjee Dinshaw Adenwalla. This bank is working in Surat, Bharuch, Anand, Nasik, Navsari and Valsad. We are good in offering various services like Demat Services, RTGS, Overdrafts, Fund Transfer, Senior Citizens Loans, Children’s Plan, SMS Banking, Locker facilities, Savings Accounts, E-statements, Current Account, Registering for various government schemes, and the Gold Loans.

Factsheet of The Zoroastrian Cooperative Bank Limited
Bank NameThe Zoroastrian Cooperative Bank Limited
Founded inJune 17, 1927
Promoters/foundersSir Hormusjee Cowasjee Dinshaw Adenwalla
Headquarter Address

The Zoroastrian Cooperative Bank Limited
Nirlon House
5th floor
Dr. Annie Besant Road
Worli
Mumbai - 400030.
Maharashtra

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.zoroastrianbank.com/
Customer Care Number22-62328141,22-61727600

History of the Zoroastrian Cooperative Bank Limited

The Zoroastrian Cooperative Bank Limited was founded on June 17,1927 by the great son of India Shri Hormusjee Cowasjee Dinshaw Adenwalla. He was educated at London and Paris and also known as the Maker of Modern Aden, a small town in Yemen. His family constructed agricultural godowns at Zanzibar and at Lonavala. He was also known by the name Adenwalla as he constructed many granaries in Aden. Shri Hormusjee was conferred the Order of the British Empire in 1918 and was Knighted in 1922. 

Furthermore, Sir Hormusjee Cowasjee Dinshaw Adenwalla was elected the member of the Bombay Parsee Panchayat in 1931 and was also the president of the Parsee  Federal Council and Jarthosti Komna Labh Sachavnari Mandali. He was the permanent board member of various mills and also the captain of many industrial groups in India. 

To commemorate his deeds, the Bombay Municipal Corporation named a road as Sir Hormusjee Adenwalla Road in Dadar Parsee Colony in Mumbai and he died on August 1, 1939. The Zoroastrian Cooperative Bank Limited achieved the status of the scheduled and multi status bank on November 2013 and began to operations on its branches at Ahmedabad, Vadodara, Surat, Navsari, Jamnagar, Rajkot, Gandhinagar, Porbundar, Bharuch, Nadiad and Valsad. 

We at The Zoroastrian Cooperative Bank Limited love to appeal to the young guns to enable them in order to utilise the next generation banking and making our banking segment adaptable to the people in coming years.

Banking Services offered by the Zoroastrian Cooperative Bank Limited

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

  • SMS Banking.
  • E-Statements.
  • Locker Service.
  • Funds Transfer.
  • Mobile Banking.
  • Savings Account.
  • Current Account.
  • Internet Banking.
  • Women's Account.
  • Investor Relations.
  • Debit Card Service.
  • Insurance Services.
  • Cyber Fraud Alerts.
  • Consumer Banking.
  • Demand Drafts (DD).
  • Deposit Guarantee.
  • Gold Loan Scheme.
  • Debt Capital Market.
  • E-Commerce Facility.
  • Wealth Management.
  • RTGS and the NEFT
  • Commodity Finance.
  • Transaction Banking.
  • Sustainable Banking.
  • Debt Capital Market.
  • NRI Banking Services.
  • Senior Citizen Account.
  • Electronic Check Clearance.
  • Personalised Bank Passbook.
  • Customised Cheque Book Facility.
  • National Automated Clearing House.
  • Corporate salaries of different Hospitals and Organisation.
  • Registration for the Government Schemes like PMSBY and the Atal Pension Yojana and PMJDY.

Loans and credit facilities provided by the Zoroastrian Cooperative Bank Limited

There are various credit and loan facilities offered by the Zoroastrian Cooperative Bank Limited and they are:  

  • Term Loan.
  • Vehicle Loan.
  • Housing Loan.
  • Property Loan.
  • Personal Loan.
  • Business Loan.
  • Education Loan
  • Mortgage Loan.
  • Consumer Loan.
  • Agriculture Loan.
  • Educational Loan.
  • Warehouse Loan.
  • Overdraft against Term Loan.
  • Loan against Commercial Property.
  • Loan against Government Securities.
  • Loan advance to Commerce and Industries.

The Zoroastrian Cooperative Bank Limited has 20 IFSC connected branches in India. Bank has branches in following states:

  • GUJARAT
  • MAHARASHTRA

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