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Hon.Mr. P. A. Inamdar
I welcome you in the family of The Muslim Co-op. Bank Ltd., Pune on the occasion of opening bank's new website on which you are visiting now. The Muslim Co-operative Bank Ltd., Pune has memorable and glorious past and bright future.
The Muslim Co-operative Bank Ltd., Pune was established in 1931. Late Janab Ramzan Umar Shaikh and Janab Abdul Kader Ebrahimjee the veteran social activist were the founder members.
Initial Share Capital was Rs.2,665/- and there were 25 Members only. The Bank is run by Awami Mahaz a Social Organisation headed by Mr.P.A.Inamdar.
We have always tried and trying continuously for upliftment and betterments of poor class of the society by financial support and guidance.
At the out set I take this opportunity to extend my best wishes to you all on the occasion of launching website of your Bank.
It gives me a great feeling of pride to mention that your Bank has successfully maintaining 0% N.P.A. and profitability.
Bank has total Deposits of Rs.500 crore and Advances of Rs.300 crores. We are having 27,000 members, 2.25 Lacs Depositors and 25 Branches in Pune and outside Pune District i.e. Nasik, Solapur, Ahmednagar, Mumbai, Thane, etc.
While speaking about modern banking on the technology I am very much pleased to mention that your Bank successfully implemented the Core Banking Solution (CBS) for better services to valued Depositors and Members of the bank.
Your Bank has already introduced facility of NEFT & RTGS, SMS alerts.
Your Bank is continuous to move ahead with its business and also looking forward to cater the financial need of educational institute who lags behind only because of lack of proper financial support.
Bank has complied all parameters prescribed by RBI and maintains the standard of financially sound well managed Bank.
I expect your continuous support and inspire us to perform better and better in future.