Ambajogai Peoples Co Op Bank Ltd
1996 was an important year for the city of Ambajogai... because only one organization was planted in this year. Separately, this seed sprouted. A small plant was created from it... As many people poured water and fertilizer on it, the plant slowly blossomed... Fruits-flowers-leaves-branches etc. developed well and eventually this plant turned into a tree. Friends, this tree is our all-favorite “Ambajogai People's Co-op Bank” In the past 25 years, this tree has given shade, love and support to many. With your bank, which was started with a capital of just 10 lakhs.and now 504 crores of deposits as on 31/03/2023. This bank was not satisfied with only meeting the financial needs of the people of Ambajogai but went beyond that and expanded to various places in Maharashtra. Apart from 4 branches each in Ambajogai city and 2 branches each in Aurangabad city, 18 branches such as Beed, Sirsala, Jalna, Ahmednagar, Ausa, Kalamb, Udgir, Jamkhed, Georai, Latur, Wagholi (Pune) and Majalgaon are functioning successfully today. The bank is constantly striving to make this city blessed by Saraswati get blessed by Lakshmi. It is a matter of pride for all of us that we have launched Rupay ATM card, 8 ATM machines, Mobile Banking (IMPS) facility in our service and UPI facility as well. We are very happy to dedicate the above facilities to the service of our customers. This short letter is to express this happiness and hope for your cooperation. With mutual cooperation, this tree will turn into a banyan tree, with the assurance….
Rajkishor (Papa) Modi Founding President.
Welcome to Ambajogai Peoples Co Op Bank Ltd
Vision & Mission
To help common man to satisfy all type of banking requirement at a reasonable price and provide best customer service with a smile.
Success Story of Ambajogai Peoples co-op bank
Ambajogai Peoples co-op bank established in 1996 with authorised capital of Rs.5 Lacs. The authorised share capital is Rs. 16.63 crores today and paid up capital is Rs 11.85 crores as of 31st March 2023.
We started first branch at Ambajogai on May 1996. Second branch was started at Sirsalal on Jan 2000.
Now today we have total 17 branches and 2 extension counters.
Ambajogai Peoples co-op bank is a CBS bank and all branches have been covered under core banking from sept 2014.
We started Rupay ATM card facility on May 2017. Right now 15K+ customers are using our ATM regularly.
IMPS Facility:- We started IMPS facility for our valuable customers on dt. Jan 2018, and its working properly.
UPI Services:-There is a big achievement in our banking history we have launched UPI facility in 2021 and it has received good response from customers.