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THE NAVNIRMAN CO-OPERATIVE BANK LIMITED

History

The Navnirman Co-op. Bank had a very humble beginning on 4th, December 1970. It started its banking activity under the able leadership of Shri Ishwarbhai. A. Patel, Shri N. B. Patel, Shri V. M. Chaudhari and Shri P. A. Patel. To fulfill the banking requirement the two Professional Directors have been inducted which give a benchmark of transparency,credibility and innovation. The Bank has matured its traditional values in business practices and in serving the small businessmen. The Board of Directors are with deep and abiding ideas, faith, vision, optimism and entrepreneurial skills with commendable of service and duty. The dynamism infused by the Board of Directors, affectionate loyalties of clients and devotion of staff members has credit the sound foundation of The Navnirman Co-op. Bank Ltd. and has emerged as one of the leading non-scheduled co-operative Bank in Ahmedabad District.The Bank has adopted new technologies and advance banking tools to add values to its services. The Bank has earned a name in co-operative banking sector due to rich heritage, integrity and adherence to prudent banking practices, technology, advancement customized products and services.The hard work of the staff members contribution has been largely,the came for bank's noteworthy and appreciable growth.The Bank is committed to provide banking services with speed, comfort and convenience. Services Offered :- The Bank has successfully implemented Core Banking Solution (CBS) technology.Through this technology the Bank has offering Any Branch Banking service to the customers. Bank Customers can transact cash, transfer of fund, clearing, remittances etc. from any Branch of the bank. Bank has implemented Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) & Pradhan Mantri Suraksha Bima Yojana (PMSBY). Bank has implemented / adopted other RBI Schemes such as RTGS, ECS, NEFT, C.T.S clearing,IMPS,ATM service.

 

Particulars 31/03/2020
Paid up Share Capital 133.67
Reserve Funds 582.78
Other Fund 620.05
Working Capital 7438.76
Deposits 5768.11
Advances 3137.27
Net NPA% (Zero)0.00
Profit 210.98
Capital to Risk Asset Ratio(CRAR) 33.42%
Divedend(Proposed) 12%

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