About Us

Building trust through cooperative banking since 1965

Our History

Maharashtra Cooperative Urban Bank was established in 1965 with a vision to provide affordable banking services to the urban and semi-urban population of Maharashtra. Founded by a group of visionary leaders, the bank has grown from a single branch in Mumbai to a network of branches across the state.

Over the decades, we have remained steadfast in our commitment to the cooperative principles of self-help, self-governance, and mutual benefit. Our bank has played a pivotal role in empowering small businesses, farmers, and individuals across Maharashtra.

Mission & Vision

Mission

To provide accessible, affordable, and reliable banking services that empower communities and foster economic growth across Maharashtra.

Vision

To be the most trusted cooperative bank in Maharashtra, leading financial inclusion and sustainable development.

Board of Directors

Meet the distinguished leaders guiding our bank

Financial Growth

₹2,500 Cr

Total Assets

₹45 Cr

Net Profit

2.1%

NPA Ratio

14.5%

CRAR

Area of Operations

Maharashtra Cooperative Urban Bank operates across major cities and districts of Maharashtra including Mumbai, Pune, Nashik, Nagpur, Chhatrapati Sambhajinagar, Thane, and surrounding regions.

Regulatory Details

RBI License No.: UBD.MH.123/14.01.001/2025-26

Registration No.: MH/CSR/2024/00456