The Kalupur Commercial Co-Operative Bank Limited started functioning in a small room in Kalupur area on 5th December 1970 on getting license from Reserve Bank of India. The founder of this bank was Shri Baldevbhai.
Late Shri Baldevbhai Patel’s vision of helping the society in the fields of health, education etc gave birth to many organizations engaged in social services.
In the year 1988, the Reserve Bank of India granted scheduled bank status to 11 co-operative banks out of 1400 co-operative banks in the country. There were three co-operative banks in the state of Gujarat which were given this status. Kalupur Commercial Co-Operative Bank was the only bank in Ahmedabad city to get this status.
The bank has got the status of multi-state scheduled bank from the year 1995.
The vision of Late Shri Baldevbhai has been successful. Shri Baldevbhai died in the year 1997 during a function organized at the time of merger of Standard Co-Operative Bank with Kalupur Bank.