Business Description

The Bank was established on 24rd January 1984. The Bank Operates through its Thirty-One Branches, a state of Art Training Centre, A Modern Data Centre, and Head Office. All the Offices are air-conditioned, well equipped, fully computerized and interconnected. DEOGIRI NAGARI SAHAKARI BANK is the first bank in Marathwada to opt core banking pattern for its working. The bank is in the process of establishing ATM all over the city to cater to banking services to its customer round the clock.

The concept of DEOGIRI NAGARI SAHAKARI BANK was originated by Late Pralhadji Abhyankar & the bank came into being under the dynamic leadership of Shri. Haribhau Bagade, Late Shri Jayantrao Choudhari (Dhamangaonkar), Late Shri Chandumal Chotlani, Late Dr. V.G. Gharpure, Shri Sukhdev Nawle, Mrs. Kumud Rangnekar, Shri S.G. Gokhle, Dr. M.U. Deshpande, Shri G.R. Rege took an active part in establishing the bank.

The first branch of the Bank was opened on 23th Jan 1985. At present, the bank has its area of operations in chhatrapati sambhajinagar, Jalna, Ahmednagar, Parabhani, Jalgaon District, Pune & Mumbai. The Reserve Bank has opened all Maharashtra as an area of operation for us. The bank is also planning to tie up with state and national players to expand its network.

Deogiri Nagari Sahakari Bank Ltd. Aurangabad, is an Urban co-operative banking institution ,having its headquarter in chhatrapati sambhajinagar,Maharashtra. The Bank was established on 23th January 1984.The Bank operates through its thirty one (31) Branches, a state of Training center, A Modern Data Center, and Head Office. All the branches and offices are well equipped, fully computerized and interconnected. DEOGIRI NAGARI SAHAKARI BANK is the first bank in Marathwada to opt core banking pattern for its working. The bank is in the process of modernization and providing best as well as prompt services to its customer. The Bank has raised paid up capital of Rs.32.22 Crores, Reserve fund & other fund of Rs.272.80 Crores on 31st March 2022.The bank has Deposits of Rs. 1314.39 Crores & advances of Rs. 808.87 Crores, Thus the total business is of Rs. 2123.26 Crores.

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