Ahmedabad Mercantile Co-Operative Bank Limited was established in 1966 under the leadership of Shri Mohanbhai C. Patel started its banking activity with a branch at Relief Road, Ahmedabad in Gujarat State, Ahmedabad. This bank has grown a lot in a short span of 50 years.
Branch after branch was added to the bank’s family of branches, creating a cluster of 34 branches (including Dehgam, Baroda, Surat and Mumbai), most of which were functioning in their own fully air-conditioned premises. With the opening of a branch in Mumbai, Maharashtra, the Bank has acquired Multi State Co-op. Society status. The bank acquired Scheduled Bank status in 1996.