Rajkot Nagarik Sahakari Bank Ltd.

About Bank

Rajkot Nagarik Sahakari Bank is a leading Co-Operative Bank in Gujarat State,India. Bank was established on 5th October 1953 With a small Capital Of Rs. 4890 and Membership of 59 persons under the leadership of Late Keshavlal Amrutlal Parekh as a Chairman, and Late Janmashankar Antani as a M.D. Bank has made tremendous & real progress, Bank became pride of saurashtra region & achieved new heights in banking as well as Co.Operrative sector under the leadership of former Chairman Late Shri Arvindbhai Maniar.

During past years bank has played vital & leading role for the development of industries, business & Economy of Rajkot City, Development and nursing of Co-operative movement in the Saurashtra region of Gujarat State. Bank was the first co-operative institute to start functioning in the erstwhile state of Saurashtra. Bank was inaugurated by "SAHAKAR MAHARSHI"late Shri Vainkunthbhai Metha.

Bank has developed in manifolds with the time. Membership (Share Holder) of bank is ounting towards 2,50,000 which is a record by itself & provides an example of how a mass movement can be turned into the instrument for social upliftment. To day Bank has more than 7,20,000+ deposit accounts with a deposit base of 1141.60+ Crores, And 40000+ Establishments/Individuals enjoy the facility of Rs 760.42+ Crores of Advances.

Since inception bank was guided by the people with foresight & vision, Which Includes the names Like Shri Keshubhai Patel, Shri Vajubhai Vala, Shri Shashikant Mehta, Shri Vasantbhai Khokhani, Shri Pravinbhai Maniyar, Shri Shivlalbhai Vekaria etc..

Being in the service sector, with a vision of current & future trends, Bank started automation & modernization way back in 1987 and by 1995 all the Branches were computerized.

Bank is Enjoying The Schedule Bank Status Since 1989. In Year 2001 Bank was Registered Under Multi-state Co-operative Society Act. With This Bank has Opened a Branch in Mumbai, Economic Capital of India and Become Multi-State Schedule Co-operative Bank.