Banaskantha Bank

About Bank

The Banaskantha Mercantile Co. Operative Bank Ltd.

The Banaskantha Mercantile Co-Operative Bank Ltd. was established on 11th May 1973, registered under Co-Operative Society Act 1961 Registration No. SE/10906/1973 and RBI License No. ACD/GJ 267 P. The Bank started with one branch at Palanpur with a Share Capital of Rs. 10.00 lacs, made continuous Progress and as of 31/03/2024 share capital is Rs. 25.15 crore.

At present The Bank is providing better customer service through its 7 Branches at various centers in Banaskantha, Gujarat.

  • The bank is having its Spacious and attractive Premises of 7 Branches.
  • The Bank started paying 12 % dividend from the year 1978.
  • From the start of the bank Net NPA of the bank is “ZERO” this shows the real strength of the bank.
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