Associate Co-Operative Bank Ltd. commenced its banking operations in the year 2000 and it has come a long way since then. For all these years it remained a unit bank only. Despite being a unit bank the bank always strived hard to achieve impressive business growth. Within a short span of 24 years of its existence the bank has succeeded in attaining an impressive figure of business exceeding Rs. 336.32 crores (Rs. Three Hundred Thirty Six crores to be precise) as on 31st March,2024.
Name of Bank | Associate Co-Operative Bank Ltd. |
Registered with | Registrar of Co-Operative Society, Gujarat State. |
Register No. | SA 3219 Date : 01/06/1999 |
RBI License No & Date | UBD GUJ.001 1 P Date : 26/11/1999 |
Head Office Address | 1st Floor, Surat Vankar Sangh Building, Opp. Reshamwala Market, Ring Road, Surat – 395 003, Gujarat, India, Phone No, : 0261 – 2341534–35-36 Fax No. : 0261 – 2342139 E-mail : support@associatebank.in |
Date of Inception | 27/01/2000 |
Territory covered | Surat, Navsari, Valsad, Bharuch and Tapi District |
Branches | Head Office + 7 Branches |
No. of Share Holder | 9984 |
Share Capital | Rs.6.04 Crore (as on 31/03/2024) |
Deposits | Rs.214.18 Crore (as on 31/03/2024) |
Advances | Rs.122.14 Crore (as on 31/03/2024) |
Credit Deposit Ratio | 57.03% |
Operating Profit | Rs.2.78 Crore (as on 31/03/2024) |
Employees | 67 |