Our Profile
The Kapol Co-operative Bank Ltd. was established in the year 1939 by our Founder
Late Rajratna Shri Khushaldas Kurji Parekh, an Educationalist, Socialist & Reformist.
The Main objective of the Bank is to service the downtrodden and economically weaker
sections of the society. The bank is striving towards fulfilling and meeting the
above objectives laid down by the Founder. The Kapol Co-operative Bank Ltd., has
maintained its decades' tradition of being the fastest growing
Scheduled Co-operative Bank in India. The Business growth is given as under -
- Established in 1939
- 77308 Shareholders
- Fully computerized 15 branches and Departments all interconnected (CORE BANKING).
The Winners of "PIONEERS IN CORE BANKING"
- Customers over 250000
- Staff 338
OTHER DETAILS ARE -
- The Bank introduced PAN CARD facility
- The Bank has tied-up with Corporation Bank e-Tax Payment system
- The Bank has introduced Franking facility for Document Stamping.
- The Bank has tie-up with Max Life Insurance for life insurance
products.
- The Bank was the first to introduce the new concept of "COUNTER LESS
BANKING".
- The Bank is amongst the first to introduce DEMAT SERVICES in May
1999. It has an active client base of over 24000.
- The Bank achieved "SCHEDULED BANK STATUS" in January,
1998 and "MULTI-STATE" status on 9th August, 2000
with area of operation extended to Ahmedabad and Surat Districts in Gujarat State.
- The Bank has 14 branches in Mumbai and one branch in Surat which are fully computerized.
- The Bank has provided ATM facility at Vile Parle (West), Malad
(W), Picket Road (Kalbaddevi) , Mulund (W) and Kandivali (W) Branch
and is in the process of providing ATM services at one more branch.
- CORE BANKING SOLUTION : The Bank has established its Core Banking
Solution and interconnected all its Branches and ATMs to provide quick & quality
services to the customers which facilitates "ANY WHERE AND ANY BRANCH BANKING".
- RTGS & NEFT : The Bank is an active member of "RTGS /
NEFT" introduced by the Reserve Bank of India.