::: About Us :::

 
























 

 
 
 

 


Pavana 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 classes.

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 Shortly opening 1 new branches at ‘Ravet’

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.

       Salient Features

 

      Mission

“A” Audit class continuously.   Core Banking Solution (CBS)
Rate of dividend @15% continuously.   To give all CBS based services to the customers.
Net N P A 0% since last four year.   Debit card system
Capital adequacy ratio 16.00 %.   Shortly joining ATMs facility with other bank
Low cost deposits 36.22 %.   SMS alert service for transaction at the account
DICGC Insurance covered up to Rs. 1.00 lakhs   Internet Banking
Stamp – Franking facility.   I T Modernization
RTGS / NEFT facility for funds transfer.      
Business Mix of Rs. 534 Crores.      
Expert & Personal Service      
Well equipped own Training Center      
Competitive interest rates are offered on loans.      
Minimum Charges      
Cheque Deposit Machines at all the branches.      
         
 
 

 Achievements:
Bank always declared highest dividend to it’s members.
Bank Consistently classified in the “A” Grade by the Government Auditors.
Bank continuously receiving "0 % N P A Award " from Pune District Nagari Sahakari Banks Association, Pune.

 

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