Thane District Central Co-op Bank Limited is registered under the Maharashtra Co-operative Societies Act-1960.
The main objectives of the bank are:
To act as the middle stage of the three tier rural financial structure in the state of Maharashtra.
The bank is the leader of all cooperative movements in Thane district. This bank established to guide and help to meet all the financial needs of the cooperative movements in the district.
To give advance credit to farmers for growing crops, marketing of agricultural fisheries societies, labourers, rural artisans and other agricultural activities in Thane district….Agriculture banking is the main objective of our bank. Farmer members of primary agricultural cooperative societies are provided short-term finance for seasonal agriculture operations through these societies against the security of the land.
Financing Primary Agricultural Co-operative Societies (PACS) in Thane District and generally carrying on banking business.
Medium term loans are also provided to farmers for purchase of motor pump set, construction of pump house, deep repair of old wells, installation of pipeline, purchase of bullock/bull cart and agricultural equipment, purchase of power tiller. construction of tractors and dung gas plants.
Farmers are also provided finance through societies for milch animal rearing, goat rearing, running poultry farm etc.