About Bank

Rupee Co-op. Bank Ltd. was established as a Co-operative Society in 1912 by visionaries, who were inspired by the work of Late Shri Lokmanya Tilak. Prominent amongst these were Late Shri. Govindrao Dharap, Late Shri. Keshavrao Doke and Late Shri. Kalurambhau Naik.  The word Rupee in the name of the bank stands for the fact that, the initial share capital amount contributed by every shareholder was one Rupee.

In the year 1986-1987 Bank celebrated its Platinum Jubilee Anniversary. Immediately afterwards, in the year 1988, the Bank was accorded a Scheduled Bank status as per Reserve Bank of India Act 1934.

The Bank has its geographical presence in the State of Maharashtra, India. It presently has a network of 36 branches and 5 extension counters, which are spread over the entire state of Maharashtra. Besides Pune and Mumbai, Rupee Bank has branches located at other important centers in Maharasthra like Thane, Nasik, Kolhapur, Aurangabad and Nagpur.

Rupee Bank is rendering various services through its computerised branches. In order to give better service to the trading community, Rupee Bank has entered into agreement with various banks for Demand Draft drawing arrangements at important locations all over India. As a part of customer service, teller system is introduced at many branches. Besides, ATM facility is available at 7 important branches in Pune.

Rupee Bank also forays in to Life Insurance business as a referral partner to Max New York Life Insurance Co. Ltd. and into General Insurance business as a referral partner to Oriental Insurance Co. Ltd. 

The Bank has a wide shareholders base exceeding 45000 members. Its members come from all walks of life i.e. self employed, professionals, salaried persons, small industrialists, traders, senior citizens and prominent individuals in society. The Bank has actively associated itself in bringing many small industries, especially located in and around Pune to the fore and has played a major role as a catalyst in development and betterment of this sector. It is also actively involved in social activities like blood donation camps, help for critical surgeries, help to the disaster-afflicted people, felicitation of students who rank in competitive examinations etc.

Contact Details

Address:

Head Office:

2062, Sadashiv Peth, Vijaya Nagar Colony,
Pune-411030 Maharashtra, INDIA

Telephone No: +91-20- 24336598 / 24335480 / 24332584 / 24335954 / 24335738 / 24336534 

Website: http://www.rupeebank.com

Courtesy: rupeebank.com