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THE NASIK MERCHANTS COOPERATIVE BANK LIMITED

Jan 20, 2020 351

HISTORY:

Not only history, but it is a tribute to valuable customers ...! When you look at banking history about 57 years ago, it is very difficult to obtain bank financing not only in Nasik but in other parts of Maharashtra for an ordinary man or a small industrialist or a small trader for your real needs. In those days the policy of banks was to collect deposits from rural areas and distribute these deposits as a loan to specific industries as a loan and to collect more and more profits from it on behalf of the insured bank. So real needy people are not getting the benefits of banking from such policies.

To break with this tradition, some prominent social activists and workers came together to eliminate those barricades between a common and needy people and the Bank, and thus "NAMCO", as it is popularly called, was born on June 11, 1959 on an auspicious day From Nagpanchami, at home no.99, Gaidhani Wada, at the auspicious hands of SGPuranik Principle.Other social workers such as Visukaka Kshatriya late, Dadasaheb Potnis, Mamasaheb Shukla, Prabhakarpant Modak, Gopalrao Pathak, Annasaheb Kulkarni, MSAurangabadkar, BabubhaiRathi, GVAshtaputre, Narayan Vaishya and many other social workers made an excellent contribution.

It is a very difficult journey From 1959 to 1975 to emerge as a bench for the common man. Some glorious achievements: Certified as a RBI scheduled bank on April 22, 1996 Certified as a RBI Multistate Sheduled Bank on October 25, 2000 Areas of work: Maharashtra, Gujrat, Andhrapradesh Branches: Inculding Total Administrative Office Branches 81 In Nasik District 63 Branches In Maharashtra 16 Branches Out Of State 2 Branches On the new edge of technology, there are extensive customer service options to offer better banking solutions.
In the top 500 software companies in India, 25% of software companies are in our Maharastra, as well as 40% of people who use the Internet. In a similar situation, the concept of computer banking was not only limited to cosmopolitan cities, but also began in rural areas. So reaching more and more customers and providing them with the fastest form of services, the Bank moves towards Core Banking Solutions.

And it successfully completed its core banking solutions and implemented for all branches in March 2007. Because the strong technology-based bank is always ahead of the bench. To improve staff strength and the officer bank organizes time training schedules for bank advancement and better customer service. In the results we are proud to say that Nasik Merchants C0-Op Bank Ltd., is the first bank to have its own data center with Core Banking solutions in northern Maharashtra. In celebration of the glorious year 57, Bench work as bridge between the common man and easy banking with the newest technology in a customer friendly way.