Janata Sahakari Bank Ltd., Pune was established on 18th October 1949 by people committed to social cause in Pune city. The Bank has always kept the goal of helping economically weaker section of the society and has carved a place as bank of masses and not only for classes.
The bank has made steady progress in past 71+ years and under the present Board of Directors has taken leap towards progress through technology. The Banks financial status is as on 31-03-2022 is as follows
Deposits
Rs. 8989.79 crores
Advances
Rs. 4776.39 crores
Share Capital
Rs. 245.34 crores
Janata Sahakari Bank Ltd., Pune is making steady progress and the Shareholders, Customers, Employees and Well-wishers are integral part of this progress. Their involvement and contribution is immense. Today the bank has a wide network of 71 Branches & 2 Extension counters spread all over Maharashtra & Gujarat State.
All this progress has lead towards RBI including the bank in second schedule and from 1st.September 1988 Janata Sahakari Bank Ltd., Pune is functional as Scheduled Co-Operative Bank. As a result Bank is accepting deposits from Government and Semi-Government corporations. Similarly Government & Semi-Government corporations accept Bank’s drafts.
Our Bank has got Status of Multi – State Scheduled Bank on 29th day of March 2012. Now it is a Multi State Co-Op Bank Under Multi State Co-Op Societies Act 2002.
Our Bank has implemented CORE BANKING TECHNOLOGY in 2005, which resulted in prompt and accurate services to customers. Now customers can do the transactions from any branch through ANY BRANCH BANKING facility.
Bank provides extensive training through its own training centre to its employees from time to time for upgrading their skills for better customer service. The Training Center is also recognised by the Co-operative Department of Govt of Maharashtra. Training is also imparted to the employer of the Co-operative Banks.
Social Commitment :
Janata Sahakari Bank Ltd., Pune has from inception committed itself to the social cause. In 1961 when Pune was engulfed in flood, Bank provided financial support to the victims. In 1987 Maharashtra was reeling under draught, in most parts there was acute shortage of food, water, fodder for animals.
Janata Sahakari Bank Ltd., Pune recognizing need to overcome this situation had collected funds in large scale. Drought relief committee was formed with participation from Shareholders, customers and employees. Through this committee drought relief work like providing food to students, camp for animals etc. was done. Drinking water facility was provided at Dhamapur and Gowalwadi villages in Sangameshwar in Ratnagiri district. For this purpose 3200 foot pipeline was led and a water tank was constructed.
On 30th September 1993 Latur in Maharashtra was shocked with massive earthquake. Janata Sahakari Bank Ltd., Pune provided immediate relief work and medical facility. Bank was actively involved in reconstructing of Kavathe village in Ausa of Osmanabad District.
To help the victims of such natural calamities bank has established a trust under the banner as ‘Janata Bank Pune Aapattee Vimochan Samitee’.
An award has been instituted is the memory of Late Moropant Pingale, an RSS Pracharak and the main inspiration in the establishment of the Bank. The award annually given goes to an institution and not to an individual engaged in social service.