Vyapari Sahakari Bank Maryadit has been established on 3rd December 1971. It was set up with the primary objective of assisting the less fortunate members of the community in its economic enterprises, to encourage savings and to create funds for providing financial aid to deserving members. Bank has set before a Visionary Growth Plan focuses all business strategies on provide banking with speed, comfort and convenience to the customer and to create value for Stakeholders.
The 53 years of tenure of Bank from 1971 to 2022, The Area of Operation of Bank is in Solapur, Pune, Osmanabad, Latur Districts of Maharashtra. The bank is now having 7 Branches & Head Office Where Head Office & 5 Branches are in Solapur, One Branch in Barshi & One Branch in Latur.
Bank may provide Medical Assistance to their Share Holders of Rs.2000/- & Discount in Medical Bill on Ashwini Sahakari Hospital & Research Center, Solapur. it is our constant endeavour to provide the entire financial services under one roof. New technologies, new customer expectations, new regulations and new competitive pressures are rapidly disrupting the traditional Banking business model.
It has achieved a total business of Rs. 449.78 crore comprising deposits of Rs.277.68 crore and advances of Rs170.10 crore as on 31st March, 2022. The Bank has maintained a record of uninterrupted profits and payment of dividend.
One side bank is going for paperless banking system & at the same time the Bank has also maintained its personal touch with customers through special attention to personalized service.
Bank has implemented successfully the Core Banking Solution (CBS) in 2016-17 & provide any where Banking to its customer.
Bank also provide service like Online Tax Payment, Lockers, SMS Alert, ATM, CTS Clearing, ECS/ACH facility, Ru-Pay Debit Card, All types of remittance to facilitates its customer. Recently, Bank has started QR Code & Mobile Banking facility to its customer.
Apart from introducing technology initiatives like we also support financial inclusion by introducing the various schemes to ensure access to financial services, namely Banking Savings & Deposit Accounts, Remittance, Loans & Advances, in an affordable manner.
Bank has register under the Government Subsidy Scheme for Industries like Capital Subsidy, Interest Subsidy etc where customer can avail benefit for the same.
The Bank acknowledges its social responsibility by donating a part amount of its net profit to social organization & Bank being actively associated with socially relevant environmental issues.
The future of Next Generation Banking will be with a vision of incorporating customer insights into the business model which will drive the next Banking revolution.