Abhyudaya Co-operative Bank Ltd is a Maharashtra based leading urban multi-state Cooperative banking organization in India. In 1964, a group of social workers and labour movement activists came together and formed Abhyudaya Co-operative Credit Society Ltd to serve the need of low-income industrial labour and lower-middle-class sections of society. In 1965, it was established as a full-fledged urban co-operative Bank with the name of Abhyudaya Co-operative Bank Ltd. In 1988, Reserve Bank of India conferred with Scheduled bank status to the bank. Finally, in 2007, the bank got multi-state co-operative bank status by Central Registrar, New Delhi.
Abhyudaya Co-operative Bank Ltd introduces online and mobile banking services to the customers to offer Self, Intra, Inter & IMPS Fund Transfer. Balance and statement checking, cheque request facilities are also available through online and mobile banking. As of March 2019, the bank has more than 2.1 lakh members and the Deposits reach more than Rs. 11,022 Crore. ATMs and Cash Deposit machines are also installed in different regions of the state Maharashtra, Karnataka, and Gujarat.
The bank has 114 branches in three different states of India namely, Maharashtra, Karnataka, and Gujarat, out of which 34 branches remain open all seven days in a week. The area of operation of the bank is confined to three States,
To give better service the bank introduced a toll-free number 1800- 22- 9699 for the customers to contact the customer care and get all relevant information. To check customer account balance, send a missed call to the toll-free number 1800-419-5511 from registered mobile no.
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