About us

The Abhinav Sahakari Bank Limited is established in 1976 at Dombivli East opposite Railway Station. Founder, Dr. Dattatraya Madhav Munshi, MA, M.Com., LLM, MBA, PHD started the Bank with a view to high level of commitment towards development and progress of lower and middle class section of the society.

Bank started it’s business on 20th September, 1976 in only 200 Sq.ft. premises and made profit of Rs. 3000/- in first year and since there Abhinav Bank expanded into ultra modern and well equip 17 branches till date. Among these 17 branches now Bank is having it’s own Head Office building and 7 premises of the branches. Total area of ownership premises is more than 20,000 Sq.ft. as on today. Bank earned profit of 407.46 Lacs for the financial year 2018-19 and declared Dividend @ 10 % p.a. to shareholders. Bank is having Audit Class “A” continuously.

Today Bank is giving SMS Alert service, Any Branch Banking Service as our all 17 branches are connected through wireless connectivity, with no extra cost. Bank is providing a service of deposition of various taxes by net banking. Our Bank equipped with own Cheque Truncation System, 2010. Our maximum customers take a benefit of RTGS / NEFT services and RuPay ATMs.

Financial Position of FY 2018-19

41,000+

Members

₹ 46,200+ lakhs

Total Deposits

₹ 24,200+ lakhs

Total Advances

₹407 lakhs +

Net Profit

A

Audit Classification

Why bank with us

Multiple Loan Options

Choose from a wide range of loans depending on your needs

Competitive Rates

We bring you customized Deposits & Loans at competitive interest rates.

Safe & Secure

Since last 10 years, RBI has awarded us “Financial sound Bank” status