Ambajogai Dist: Beed was established on 02nd June 1997 by people committed to social cause in Ambajogai city by an inspired well known personality Principal Rajaram Gopalrao Dhat and late Sattenarayanji Lahoti with dedicated team leaded by Prof.Kiran Ramchandra Phadnis and colleagues under precious guidance Hon’ble Shri Gopinathraoji Munde (MP). The bank 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 registered under Maharashtra Co-operative Act 1961 with the registration No. BEED/ B.H.R./BANK,O/108/96-97 Dt.30.05.1996 and licensed by Reserve Bank Of India with licence no.MH-1357 P. The technical knowhow for initial registration process was provided by Shri Vasantraoji Deodhar, Pune.

               The bank has made steady progress in past 14+ years and under the present Board of Directors has taken leap to words progress through technology . The banks financial status is as follows …

               Deendayal Nagri sahakari Bank ltd, Ambajogai is making steady progress and the share holders, customers employees and well -wishers are integral part of this progress . Their involvement and contribution is immense. Today the bank has network of three branches .

               Our bank has implemented ABB (Any Branch Banking) in 2005, which resulted in prompt and accurate services to the customers. Now the customer can do their transaction from any branch by the aid of finest banking software connected with lease lines.

               Branch provided various services under one roof apart from banking services is as follows. Locker facilities, RTGS / NEFT, PAN card ser vices , E-Tax payment, wide network for CMS facility, RBI authorized Coin Distribution center, Draft & mail services and will entering into franking services etc.

Financial track record – Bank has maintained a track record of Audit “A” classification since in bank inception and maintaining Grade-I by Reserve Bank Of India. Bank is immensely known as disciplined banker in and around Beed district . The bank is added with crown of ISO 9001-2008 for its Quality Management System by renowned British Standard Organization .

Social commitment – Bank always keeps mind for the work of common people by way of “Vykkhan Mala” in the memory of “ Swami Vivekanand ” on his birth anniversary in January every year . This event prominently awaited by the people of Ambajogai. Bank always promotes various social causes by way of sponsoring various institutions .