About Us

Pavana Sahakari Bank Ltd, Chinchwad was established on 2 Oct. 1973

by visionary Ex – M P Shri. Annasaheb Magar along with his colleagues Mr. Dynaneshwarji Landge, Mr. Mamasaheb Pimple, Mr. Digambarshet Kalbhor with the active support of Mr. Shankarlal Mutha, Mr. Vishnu Gawade, Mr. Eknath Nanekar, Mr. Namdev Gaikawad etc by the people who were highly respected in the social-values. Their experience and expertise have made the bank highly efficient and effective with profit-making by highly ethically and moral values.

The Pavana Sahakari Bank Ltd. Since the beginning kept the goal to help those peoples who are common, economically weaker & lower section of the society and the native of these area have in needs of finance to fulfill theirs financial dreams. Therefore Pavana Bank has carved a place as popular bank of masses and not only for classes.


pavana bank

The Pavana bank is popular as ONE of the OLD TOP Urban Co-operative Banks of Pimpri-Chinchwad areas because of its tremendous progress. At present it is one of the fast progressing Co-operative Bank in Pimpri-Chinchwad. It has a 20 branches at Chinchwad, Kasarwadi, Bhosari, Pimpri, Kalewadi, Akurdi, Wakad, Somatane Phata, Chimbli Phata, Ravet, Alandi, Dapodi, Wagholi, Pashan, Dehugaon, Vadgaon Maval, Spine Road, Kamshet, Shikrapur, Marunji,and open new two branches in Indoori and Chikhali.

Since its inception, all the directors have agreed unanimously not to receive any honorarium, sitting fees for their services / meetings, etc. This unique gesture of selfless service by the Directors has set an example before the society. Professional top management has always been its guiding star.

Salient Features

"A" Audit class continuously. Net N P A 0% since last four year. Capital adequacy ratio 16.00 %. Low cost deposits 36.22 %. DICGC Insurance covered up to Rs. 1.00 lakhs Stamp – Franking facility. RTGS / NEFT facility for funds transfer. Business Mix of more than Rs. 700 Crores. Expert & Personal Service Well equipped own Training Center Competitive interest rates are offered on loans. Minimum Charges Cheque Deposit Machines at all the Bank Network

Achievements

Bank always declared highest dividend to it's members. Bank Consistently classified in the "A" Grade by the Government Auditors. Bank continuously receiving "0 % N P A Award" from Pune District Nagari Sahakari Banks Association, Pune.

OUR VISION


" CUSTOMER IS GOD "

The most important person, visiting our premises is "Customer" He is not depend on us, we are dependent on him, He is not an obstacles in our work, he is the main purpose of our work. He is not outsider, but part of our business We are not doing any favors by giving him service. But he his favoring us by giving an opportunity to serve him

OUR MISSION


" Encourage Big Ideas. "

" Having utmost orientation towards the common people,
the industry and the society."

OUR PHILOSOPHY


To achieve the mission of the bank without
compromising on ethics & quality
in banking process,
following total transparency in dealings and
having utmost orientation towards
the common people, the industry and the society.