|Janakalyan Sahakari Bank Ltd was incepted on 29th May 1974 under the Maharashtra State Co-operative Societies Act, 1960. It started operations from 15th August, 1974 upon receipt of license from the Reserve Bank of lndia.
The bank received scheduled status on 30th January 1998. The Bank has a depositor base of over 3,45,000, borrowers of over 14,000 and shareholders of over 51,000.
It currently has 25 branches all of which are computerised along with 1 extension counter of Panvel branch. The bank also offers ATM facility to customers who can withdraw cash from more than 6500 ATM centers.