Mahanagar Co-op Bank

Mahanagar Co-op Bank has about 52 branches spread across India. Mahanagar Co-op Bank is currently one of about 160 banks (Nationalised, Private, Co-Operative and Foreign) in India.

Below given is the list of states where Mahanagar Co-op Bank currently have branches. Click on any of the states to find the IFSC code of Mahanagar Co-op Bank in the state.

About Mahanagar Co-op Bank

The Mahanagar Co-operative Bank Ltd This Bank was established by the people from the Ahmednagar Dist. in the name of “The Ahmednagar Sahakari Bank Ltd.” on 6th October 1973. Solicitor Shri. G.S.Shelke and his colleagues were the motivating force behind the establishment of this bank. Mr. G.S.Shelke became the first Chairman,Lt. Shri .G.A.Thube, the first Vice-Chairman, Shri. .S.S.Bhagat, the first Secretary. These were the people with deep and abiding ideals, faith, vision, optimism and entrepreneurial skills. These dedicated men in charge of the Bank had commendable sense of service and duty imbibed in them. Even today, our honorable founders inspire a sense of awe and respect in the Bank and amongst the Shareholders of this bank.The Bank has a humble but a very inspiring beginning. The minimum amount of Rs.10/- per share was required from prospective members and as such practically, from all over Mumbai, they collected the initial share capital of Rs.1.36 Lakhs. With this small amount they started this co-operative activity in Greater Mumbai. The Bank was initially set up to help Mill workers from Kalachowki and Lalbaug area and Dock workers from Carnac Bunder, Fruit, Vegetable and Flower vendors from Crawford market, Byculla and Dadar market, Fish vendors from Colaba and small number of shop keepers and self employed persons.