Not only history but it’s a tribute to valuable customers…!
When we look at the history of banking approximately 57 years ago, it is very difficult to get finance from banks not only in Nasik but the other parts of Maharashtra for a common man or a small industrialist or a small merchant for their true needs.
In those days Banks policy was to collection of deposits from the rural areas and Distribute these deposits as a loan to specific industries as loan and to collect more and more profits from it in the name of secured banking. So the actual needy people are not getting the benefits of banking from such policies.
To break this tradition, some prominent and hard-working social activists came together to remove such barricades between a common and needy people and the Bank, and so "NAMCO", as it is popularly called, took birth on 11 June 1959 on an auspicious day of Nagpanchami, in house no.99, Gaidhani Wada, at the auspicious hands of Principle S.G.Puranik. Other enthusiast social workers like late Visukaka Kshatriya, late Dadasaheb Potnis, Mamasaheb Shukla, Prabhakarpant Modak, Gopalrao Pathak, Annasaheb Kulkarni, M.S.Aurangabadkar, BabubhaiRathi, G.V.Ashtaputre, Narayan Vaishya and many other social workers gave an excellent contribution. It is a very difficult journey from 1959 to 1975 to emerge as a bank for the common man.
Some Glorious Achievements:
Branches: Including Administrative Office, total Branches 81
In the new edge of technology, there are vast customer services options to provide better banking solutions. In India's 500 topmost software companies, 25% software companies are in our Maharashtra as well as 40% people using the internet. In such a situation, the computerized banking concept is not only limited to cosmopolitan cities but it started in rural areas too. To reach more and more customers and provide them with the fastest way of services, the Bank moves towards Core Banking Solutions and successfully completed its core banking solutions and implemented for all branches in March 2007. Because the strong technology base bank is always ahead in banking.
To improve the strength of staff and officers, the bank arranges time-to-time training schedules for advanced banking and better customer care. As a result, we proudly say that The Nasik Merchants C0-Op bank Ltd. is the first bank having its own data center with Core Banking solutions in North Maharashtra. At the celebration of 57 glorious years, the bank is working as a bridge between the common man and easy banking with the newest technology in a customer-friendly way.
The bank has been honored with the "The Maharashtra Urban Co-op Banks Federation Limited" award for being the top bank in the category of banks with deposits ranging from 1000 crores to 2400 crores.
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a