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About us

Janalaxmi Co-operative Bank Ltd., Nashik was established on 14 Feb., 1976 by people committed to social cause especially to provide financial help for needy and poor people. The Bank has always kept the goal of helping economically weaker section of the society and has carved a place as bank of masses and not only for classes. The bank has made steady progress in past 41 years and under the present Board of Directors.

Janalaxmi Co-operative Bank Ltd., Nashik is making steady progress and the Shareholders, Customers, Employees and Well-wishers are integral part of this progress. Their envolvement and contribution is immense. Today the bank has a wide network of 23 Branches and 2 Extension Counters situated in Nashik, Mumbai, Vashi, Pune, and Malegaon.

Bank has gained scheduled status in Feb., 2000. Bank has started its computerization in around Nineties. Bank is the pioneer in Northern Maharashtra to adopt technology based in Banking. The first total branch automation of main branch took place in 1994 since inception of the branch. During the period from 1995 to 2001, Bank has completed its computerization in all branches. Bank has completed Core Banking and all branches are on core banking . Bank offered services like NEFT/RTGS Facilities , Authorised M.S.E.B. Bill Collection Centers, Franking Services for Nashik and for Nashik-Road public.

Social Commitment :

Bank has also actively involved to meet social challenges caused by natural calamities such as earth quake, flood victims, victims in bomb blast, drought etc. by providing fund to Chief Minister’s Relief Fund.

Bank has given Bank Guarantee to the students who wish to go abroad for higher education.


Thanks to these strong efforts over 41 years after its inception, the Bank had gained strong foundation in terms of its membership, resources, assets and profits. By 1980, the Bank was fulfilling all the banking needs of its customers.

During the late nineties, the Bank grew from strength to strength. The Bank had established 19 branches within the city of Nashik and 4 out side of Nashik (2 at Mumbai, 1 at Pune, and Malegaon). Last two decades the Bank has witnessed a steady growth in the business. The bank has a network of 23 Branches, 2 Extension Counters with branch computerization covering 5 cities. The Bank has been providing added services to its customers like NEFT/RTGS , Franking services, M.S.E.B.Bill and PAN Card application.

Bank has gained scheduled status in Feb., 2000.

The beginning of the 21st Century has been a giant leap forward for the Bank. Bank chose a path of growth and our pace of growth accelerated.

Upliftment of economic standard through social interaction is the main objective of Co-operative Bank. The mission statement of Janalaxmi Bank is "Sneha, Seva, Samruddhi". Bank has always given top priority to the best customer service.


Letter from chairman
Board of Direcors
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