Pusad urban cooperative bank was established in 1985.The founders of the bank had a noble objective. They wanted to excel the socio economic development of backward Vidarbha region. “Rural people should be self dependent” that was the goal. Since then the bank is working for the economic development of the Vidarbha. It facilitates rural employment and agro based industries. Pusad urban bank will continue to work in same manner and will bring prosperity in the life of the downtrodden and socially handicapped people.
Pusad urban cooperative bank always try to offer innovative customer service and schemes. In order to do so we are starting Core Banking facility very soon. Latest technology used to provide quality service to the customer’s satisfaction.
The bank offers home loan, personal loan, educational loan, vehicle loan etc. To serve the common people the bank has started the other ancillary services like RTGS, NFT, Franking, BSNL bill collection etc.
Purpose – Any purpose
Eligibility – Should be share holder or holding an account with the bank.
Margin – 30% margin depending upon agricultural products
Period – Period 6 to 8 months
Security – Stock to be insured with the Bank clause, Lock and receipts are with