PUNJAB AND MAHARSHTRA COOPERATIVE BANK List of IFSC Code Branches States
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PUNJAB AND MAHARSHTRA COOPERATIVE BANK State wise list:PUNJAB AND MAHARSHTRA COOPERATIVE BANK has branches in the following state(s) :- Delhi, Goa, Karnataka, Maharashtra.
PUNJAB AND MAHARSHTRA CO OPERATIVE BANK was started on 13th February, 1984 as a single branch bank in a small room at Sion.
The Bank aims to emerge as a strong, vibrant, most preferred premier co-operative bank, committed to excellence in customer service, and enhancing stakeholder value through concern, care and competence.
Punjab and Maharashtra Co-operative Bank is a multi-state scheduled urban co-operative bank with area of operation in the states of Maharashtra, Delhi, Karnataka, Goa, Gujarat, Andhra Pradesh and Madhya Pradesh.
It has been 35 years since the bank was established. The bank has an extensive network of 137 branches across six states.
The bank is included in the top 10 cooperative banks of the country.
The bank was granted multi-state status by the Central Registrar in the year 2004.
The bank was given a schedule by the Reserve Bank of India in the year 2000. It is the youngest bank to achieve ‘Scheduled Bank’ status.
The Bank was granted Authorized Dealer Category License by the Reserve Bank of India for foreign exchange trading in the year 2011.
The Bank has been awarded the ‘Best Bank Award for the Year 2018’ in the category of deposits of Rs 2000 crores and above for the 2nd consecutive time by the Brihan Mumbai Nagari Sahakari Banks Association Ltd.
The bank has various accolades to its credit.
The All India Bank Depositors Association, the renowned association of bank depositors, felicitated the bank in 1999 appreciating its “work ethic oriented to serve the depositors”.
Nine times the bank has been awarded the ‘Padma Bhushan Vasantdada Patil Award’ as the ‘Best Urban Co-operative Bank’ by the Maharashtra State Co-operative Banks Association Ltd.
The bank received the ‘Special Jury Award’ from NPCI for the lowest dispute ratio in the cooperative banking sector and the lowest undetermined down time in 2012.
Since 2004, the bank has established the renowned public activist and consumer activist late M.R. An award has been established in Pai’s memory.