Sahakari Bank Ltd, Chinchwad was
established on 2 Oct. 1973 by visionary
Ex – M P Shri. Annasaheb Magar along with
his colleagues Mr. Dynaneshwarji Landge,
Mr. Mamasaheb Pimple, Mr. Digambarshet
Kalbhor with the active support of Mr.
Shankarlal Mutha, Mr. Vishnu Gawade, Mr.
Eknath Nanekar, Mr. Namdev Gaikawad etc
by the people who were highly respected in
the social-values. Their experience and
expertise have made the bank highly
efficient and effective with profit-making
by highly ethically and moral values.
The Pavana Sahakari Bank Ltd. Since the
beginning kept the goal to help those
peoples who are common, economically weaker
& lower section of the society and the
native of these area have in needs of
finance to fulfill theirs financial dreams.
Therefore Pavana Bank has carved a place as
popular bank of masses and not only for
The Pavana bank is popular as ONE of the OLD
TOP Urban Co-operative Banks of
Pimpri-Chinchwad areas because of its
tremendous progress. At present it is one of
the fast progressing Co-operative Bank in
Pimpri-Chinchwad. It has a 9 branch at
Chinchwad, Kasarwadi, Bhosari, Pimpri,
Kalewadi. Akurdi, Wakad, Somatane Phata &
Chimbli Phata, ‘Ravet and shortly open new 4 branches in Dapodi,Aladni,Pashan and Wagholi.
Since its inception, all the directors have
agreed unanimously not to receive any
honorarium, sitting fees for their services
/ meetings, etc. This unique gesture of
selfless service by the Directors has set an
example before the society. Professional top
management has always been its guiding star.