Dombivli Nagari Sahakari Bank Ltd.

Dombivli Nagari Sahakari Bank Ltd.

About Bank

Way back in 60’s Dombivli was a town with a population of 2 to 3 lacs. The traditional houses, chawl type structures, small bunglows (popularly known as "wadas") muddy roads was the introduction of the town. The population mainly comprised of office goers and small traders at that time.

Few enthusiastic persons gathered together with a common goal to make available the banking facility to the common man of the commonest. They had an aim that any person in need of genuine financial difficulty should have a source for raising loan and such person should not be a prey of traditional moneylenders. The dream of these persons came into existence by bearing a name i.e. Dombivli Nagari Sahakari Bank Ltd. on 6th September 1970.

Now, in retrospection, it is really incredible to note that the Dombivli town has grown up as city with population of 10 to 12 lacs. "Wadas" and "chawls" lost their existence and numberless new multi storied buildings have occupied their floors over a period of last 25 to 30 years. The outlook of Dombivli town has entirely undergone change.

Of course, Dombivli Nagari Sahakari Bank did not lag behind. Its roots spread all over the Dombivli land and blossomed in the form of ten branches, not to mention that the bank which is now known as "Dombivli Bank" opened its branches at Kulgaon (Badlapur), Ambernath, Shahapur, Bhiwandi, Titwala, and in most rural and backward area like Talasari.

The bank, which had a deposit base of some Hundreds of rupees in the initial years, has registered a deposit figure of Rs. 1002.65 crores. The same progress applies so far as loan and advances are concerned. It has so far assisted thousands of people from all walks of life by lending Rs. 662.79 crores.

The ownership of Dombivli Bank is being trusted upon the shoulders of almost 46,601 shareholders who are the respected members of bank.

The "Scheduled Bank" status was conferred upon Dombilvli Bank by Reserve Bank of India in 1996 – a recognition in the entire banking industry.

Today Dombivli bank has not restrained itself only to banking services, but is also committed for extending financial help for noble causes to many of the social, educational, and cultural institutions of the community at large. Bank passes on 1% of its net profit to such deserving institutions for their inherent growth and development.

The Board of Directors of today is desirable combination of well educated and positioned persons having vast experience in various fields including banking. They have a good part to play in many of the social activities of Dombivli and country.

The hands of the members of the Board of Directors are further strengthened by four hundred and odd numbers of employees who are the real chariot pullers.

Dombivli Nagari Sahakari Bank Ltd. is a Bank, which has gained the confidence of millions of customers is functioning for the customers and will be devoting its life for the customer for may many years to come.

Contact Details

Address:

Corporate Office
Dombivli Nagari Sahakari Bank Ltd.
Scheduled Bank "Madhukunj"
P-52, M.I.D.C. Kalyan Shil Road,
Sonarpada, Dombivli (East) - 421 201
Dist : Thane, State : Maharashtra, India

Telephone No.: +91 (251) 2875000 to 2875010

Website: http://www.dnsb.co.in

Courtesy : dnsb.co.in