The Banaskantha Mercantile Co-Operative Bank Ltd established on 11th May, 1973, registered under Co Operative Society Act 1961 Registration No. 10906 and RBI License No. ACD/GJ 267 P. The Bank started with one branch at Palanpur with Share Capital of Rs. 10.00 lacs, made continuous Progress and as on 31/03/2018 share capital is Rs. 10.00 crore.
At present The Bank is providing better customer service through its 6 Branches at various centers in Banaskantha, Gujarat.
Bank is having its Spacious and attractive Premises of 6 Branches.
The Bank started paying 12 % dividend from the year 1978. From the start of bank Net NPA of the bank is “ZERO” this show the real strength of the bank.
Annual Report 2017-2018
Annual Report 2018-2019
Annual Report 2019-2020