The Banaskantha Mercantile Co-Operative Bank Ltd was 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 a Share Capital of Rs. 10.00 lacs, made continuous Progress and as of 31/03/2022 share capital is Rs. 17.94 crore.
At present The Bank is providing better customer service through its 6 Branches at various centers in Banaskantha, Gujarat.
The 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 the bank Net NPA of the bank is “ZERO” this shows the real strength of the bank.
HEAD OFFICE (Sardargunj Branch)
Gathaman Darvaja, Juna Gunj Road
Palanpur-385001
02742-253849
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