Vasai Janata Sahakari Bank Ltd

Vasai Janata Sahakari Bank Limited is one of the major Co-operative bank located in Vasai in Mumbai. We have more than 13 branches from Palghar and have our own data analytical centre in Bhayander. We are good in offering various services like the Savings Accounts, Current Accounts, Internet banking, Mobile Banking, Insurance, Remittance, Fixed Deposits, Gold Loans, Business Loans, Consumer Loans, NEFT, E-statements, Housing Loans, Agricultural Loans, RTGS, Demand Drafts, Personalised Cheque books, Email Alerts, SMS Banking and others.

Factsheet of Vasai Janata Sahakari Bank Ltd
Bank NameVasai Janata Sahakari Bank Ltd
Founded inJan. 1, 1973
Promoters/foundersCreated under the Co.operative Bank Act with license from RBI.
Headquarter Address

Vasai Janata Sahakari Bank Limited
Mrudgandh
Azad Road
Parnaka
Vasai (West)
Palghar – 401201
Maharashtra

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.vjsbl.com/
Customer Care Number0250-2308898, 0250--2308327

History of Vasai Janata Sahakari Bank Limited

Vasai Janata Sahakari Bank Limited is one of the major cooperative bank located in Vasai in Maharashtra State. We are good in offering excellent financial assistance to our customers in Maharashtra with reasonable rate of interest. We came up during the summer of 1973 and was created in order to protect the interest of the common man in various professions like Cobblers, Small time vendors, Bakery, Street Hawkers, Milkman, Tailors, Mobile Repair Shop Owners, Provision Store workers, Hardware shop owners and others.

This bank is also known as VJSBL and since 1973 we have grown by leaps and bounds and now we have more than 15 plus branches in Mahim, Dahisar and other areas. We are excellent in managing the non financial and financial risks and we also focus on low cost deposits and Fees based incomes. All our branches are computerised and we are offering the Senior Citizen Services to our esteemed customers and making a difference in their nagging lives.

We regularly do the Audit Checks every 6 months and also undertake surprise inspections at our designated branches. We work 6 days in a week and have very limited holidays in a financial year. Shri Mahesh Desai is the Chairman and Shri Vivek Kane is the Vice Chairman of the Vasai Janata Sahakari Bank Limited.

Banking Services offered by the Vasai Janata Sahakari Bank Limited

There are various banking services offered by the Vasai Janata Sahakari Bank Limited and they are given below:

  • Email Alerts.
  • S M S Banking.
  • Fixed Deposits.
  • Money Transfer.
  • Online Banking.
  • Bank Guarantee.
  • Current Account.
  • Savings Account.
  • Internet Banking.
  • Insurance Service.
  • Recurring Deposit.
  • Cyber Fraud Alert.
  • Foreign Exchange.
  • Corporate Banking.
  • Demand Drafts (DD).
  • Safe Deposit Lockers.
  • Debit and Credit Cards.
  • Senior Citizens Services.
  • RTGS and NEFT Services.
  • Online Tax Payment Service.
  • Personalised Bank Passbook.
  • Personalised 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 Vasai Janata Sahakari Bank Limited

There are various credit and loan services given by the  Vasai Janata Sahakari Bank Limited and they are given below:

  • Gold Loan.
  • Term Loan.
  • Solar Loan.
  • Travel Loan.
  • Vehicle Loan.
  • Housing Loan.
  • Property Loan.
  • Personal Loan.
  • Business Loan.
  • Mortgage Loan.
  • Consumer Loan.
  • Overdraft Loans.
  • Educational Loan.
  • Agricultural Loan.
  • Professional Loan.
  • Utsav Personal Loan.
  • Hotel and Resort Loan.
  • Loan for Medical Experts.
  • Covid Relief Personal Loan.

Awards and Recognition

  • The Maharashtra Urban Co-op banks Federation awarded Vasai Janata Sahakari Bank 'First Prize' in "The Best Bank Award" section in 2021-2022.
  • The Maharashtra Urban Co-op banks Federation awarded Vasai Janata Sahakari Bank 'Second Prize' in "The Best Bank Award" segment in 2013-14. 

Vasai Janata Sahakari Bank Ltd has 14 IFSC connected branches in India. Bank has branches in following states:

  • MAHARASHTRA

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