5 popular largest Co-operative banks in India

Without knowing the meaning of co-operative banks it is really difficult to understand what is stated in this article, so first I am discussing what it is then stating the largest co-operative banks in a tabular form.

What is a Co-operative bank in India?

In simple words, a cooperative bank is a financially joined corporation build by some interested people who are owners and customers at the same time with the aim of providing loans to the weaker sections of the society.

Now Let’s come into the best and largest cooperative banks in India that you should try:-

Top largest Co-operative Banks in India

RankTop 5 Co-operative BanksSinceBranchATM
1.Saraswat Co-operative Bank100+ years281260
2.Cosmos Co-operative Bank112+ years14050
3.Janata Sahakari Co-operative Bank70+ years7166
4.Ahmedabad Mercantile Co-operative Bank54+ years3613
5.NKGSB Co-operative Bank100+ years10977000+
Table showing top 5 co-operative banks in India

Now let’s discuss some details on these cooperative banks.

5. NKGSB Co-operative Bank

NKGSB Bank
Minimum balanceFounderFoundedHeadQuaters
1000 RsJ.K. Parulkar1918Mumbai

Loans Rates

Home LoanCar LoanEducation LoanBusiness Loan
8.80 % pa.8.85 % pa.11.75 % pa.14.25 % pa.

4. Ahmedabad Mercantile Co-operative Bank

Minimum balanceFounderFoundedHeadQuaters
1000 RsShri Mohanbhai C. Patel1966Ahmedabad

Loan Rates

Home LoanCar LoanEducation LoanBusiness Loan
8.10 % pa.11.50 % pa.9.00 % pa.

3. Janata Sahakari Co-operative Bank

Minimum balanceFounderFoundedHeadQuaters
3000 RsShri Moropant Pingle1949Pune

Loans Rates

Home LoanCar LoanEducation LoanBusiness Loan
F.D + 2 % pa.10.50 % pa.11.50 % pa.14.15 % pa.

2. Cosmos Co-operative Bank

Cosmos Bank
Minimum balanceFounderFoundedHeadQuaters
1000 RsN.C. Kelkar1906Pune

Loans Rates

Home LoanCar LoanEducation LoanBusiness Loan
8.65 % pa.8.75 % pa.10.50 % pa.11.00 % pa.

1. Saraswat Co-operative Bank

Minimum balanceFounderFoundedHeadQuaters
5000 RsSheth Shantaram Mangesh Kulkarni1917Mumbai

Loans Rates

Home LoanCar LoanEducation LoanBusiness Loan
8.80 % pa.9.50 % pa.11.75 % pa.14.25 % pa.

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Aritra
I am passionate about writing and discussing unique topics.

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