About
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The Bhagyodaya Co-Operative Bank Ltd

About Us

The Bhagyodaya Co-Operative Bank Ltd. was established in 1972 in a small rented place near Kamnath Mahadev, Raipur, Ahmedabad. The bank was registered on 29-5-1972 having Reg. No. SE 11789. The bank was shifted at H. K. House, Ashram Road in a spacious building in 1975. The bank had granted loans to various parties and traders. But, recovery of the loan was very poor. Moreover, the bank was not successful in mobilizing the deposits also. During this period total overdue of the bank was 99% and Reserve Bank of India issued a notice to the bank for closure of bank due to its heavy overdue. The bank was placed under the category of weak bank. The management was not in a position to improve the functioning of the bank and also to recover the overdue advances.

The Bhagyodaya Co-Operative Bank Ltd.

Loan's Services

Financial Strength 2023-24

Share Capital

1151.86

Lakh

Deposits

46386.86

Lakh

Advances

18665.37

Lakh

Net Profit

195.55

Lakh

bhagyodaya World

Enjoy Digital Banking with our Whatsapp Banking

The Bhagyodaya Co-Operative Bank offering official Whatsapp Banking with new and exciting features.

Services

Digital Banking