Urban Cooperative Banking in Maharashtra
Urban Cooperative Banks (UCBs) have long been an important pillar of Maharashtra’s cooperative financial ecosystem. Established on the principles of mutual assistance, community ownership, and democratic governance, these banks have played a significant role in expanding access to banking services for small businesses, traders, self-employed professionals, farmers, women entrepreneurs, and middle-income households.
Maharashtra is widely regarded as one of India’s strongest cooperative banking states, with a rich legacy of cooperative finance dating back several decades. Urban Cooperative Banks have complemented the work of commercial banks by serving local communities, particularly in semi-urban and rural regions where personalized banking services and community engagement remain important. Many of these institutions were established by local leaders, social reformers, and cooperative visionaries who sought to create member-owned financial institutions capable of mobilizing local savings and supporting economic development.
Over the years, Urban Cooperative Banks in Maharashtra have contributed to financial inclusion by providing savings accounts, deposits, credit facilities, business loans, housing finance, and other banking services tailored to the needs of their members and customers. Several banks have also played an important role in supporting micro, small and medium enterprises (MSMEs), agricultural allied activities, local commerce, and community development initiatives.
The following list highlights some of the leading Urban Cooperative Banks in Maharashtra. These institutions represent different regions of the state and demonstrate the continued relevance of the cooperative banking model in promoting inclusive growth and grassroots financial empowerment.
While the cooperative banking sector faces evolving regulatory, technological, and competitive challenges, many Urban Cooperative Banks continue to serve as trusted community institutions, helping strengthen local economies and advance the broader objectives of financial inclusion and cooperative development. Read more about cooperative sector in Maharashtra and Maharashtra Cooperative Sector Data Box here.
Top 10 Urban Cooperative Banks (UCB) in Maharashtra
| Serial No. | Name of the Bank | Date of Establishment | Address |
| 1. | The Babasaheb Deshmukh Sahakari Bank Ltd Atpadi | 1997-05-17 | Atpadi, ATPADI, ATPADI, SANGLI, MAHARASHTRA, 415301 |
| 2. | The Bhandara Urban Cooperative Bank Ltd Bhandara | 1971-01-21 | Bhandara (M CI) – Ward No. 10, Bhandara, Municipality, MAHARASHTRA, 441904 |
| 3. | The Mansingh Co-Op.Bank Ltd.Dudhondee | 1996-12-12 | Dudhondi, DUDHANDI, PALUS, SANGLI, MAHARASHTRA, 416308 |
| 4. | Mamasaheb Pawar Satyvijay Co-operative Bank Ltd Kundal | 1964-03-07 | Kundal, KUNDAL, PALUS, SANGLI, MAHARASHTRA, 416308 |
| 5. | Bajirao Appa Co-Operative Bank Ltd Ankalkhop | 1997-08-18 | Ankalkhop, ANKALKHOP, PALUS, SANGLI, MAHARASHTRA, 416316 |
| 6. | Dr. Jaiprakash Mundala Arban Coop. Bank Ltd. Jawalabajar Tq. Aundha Nagnath | 1997-09-26 | MAIN ROAD,- Jawala bajar, JAWALA BAZAR, AUNDHA NAGNATH, HINGOLI, MAHARASHTRA, 431705 |
| 7. | Shri Shiveshwar Nagri Sahkari Bank Ltd Basm | 1995-02-13 | Basmath (M Cl) – Ward No.10, Basmath, Municipality, MAHARASHTRA, 431512 |
| 8. | Vaijanath Appa Saraf Marathwada Nagari Sahakari Bank Ltd HINGOLI | 1996-05-21 | Gramin Police Stn Rd Ward No.3, Hingoli, Municipality, MAHARASHTRA, 431513 |
| 9. | Omprakash devdra peaples coop. Bank LTD. Hingoli Dist. hingoli | 1982-12-14 | Paltan, Hingoli MCl – Ward No.8, Hingoli, Municipality, MAHARASHTRA, 431513 |
| 10 | Jai Kalimata Mahila Urban Co Opreative Bank Ltd Vasmat | 1996-07-09 | Basmath (M Cl) – Ward No.10, Basmath, Municipality, MAHARASHTRA, 431512 |
Know more about cooperatives in Maharashtra
Top Cooperative Societies in Maharashtra
- Cooperative Sector in India
- Cooperative Sector in Maharashtra
- Maharashtra Cooperative Sector Data Box
- Top 10 Sugar Cooperatives in Maharashtra
- Top 10 PACS in Maharashtra
- Top 10 Dairy Cooperatives in Maharashtra
- Top 10 Fishery Cooperatives in Maharashtra
- Top 10 Housing Cooperative Society (HCS) in Maharashtra
- Top 10 Credit & thrift Society in Maharashtra
- Top 10 Agro Cooperatives in Maharashtra
- Top 10 Multipurpose Cooperatives in Maharashtra
Disclaimer:
This list is presented using publicly available information and disclosures from official sources. Inclusion does not imply ranking, regulatory endorsement or financial recommendation by SahkarNet.com. Data may change over time, and readers are advised to refer to official documents for the most recent information.
