Priyadarshani Nagari Sahakari Bank Ltd. Jalna, established in 1994. The bank has seven branches and a head office at Jalna. The bank has declared a net profit of Rs 6.72 crore for the financial year ended March 31, 2026. During the Covid global pandemic, the bank overcame all the restrictions imposed and recorded growth on all banking parameters. The bank is customer-friendly with some unique facilities like UPI, IMPS, and WhatsApp App Banking. As per RBI's guidelines, deposits in all cooperative banks are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to Rs five lakh.
To create a new generation UCB in India, to achieve desired results, specially implemented CBS, SMS Alert, RTGS, NEFT, NACH, CTS, ATM and Rupay EMV Card, POS, E-passbook, all types of currency payment through electronic means and e-lobby Also creating to provide better service to customers with an effective internal control system. Good health for bank on technology and its own server room, independently generated. Now the bank has shifted to the cloud (AWS) for security. In the last three years, the bank has opened 3 branches at various locations. FCBA (Best Asset Growth) to the Bank, The Maharashtra State Co-op. Banks Association Ltd., Mumbai (Best United Bank for the year 2014 & 2015), BANCO (Best Bank) for various achievements.
Priyadarshani Nagari Sahakari Bank Limited was honored to be the first bank in UCB to receive ISO 9001-2021 certification for its computerization strategy and planning department. The bank's assets have increased significantly due to improvement in capital adequacy ratio. The bank's productivity improved, reducing operating costs and increasing profitability. CBS developers are constantly adding new features to empower banks and gain competitive advantage in the market. CBS implementations and/or upgrades that will result in higher CBS performance and virtually higher customer satisfaction.
Vision of the Bank
Our vision is to be the leading catalyst for economic empowerment in rural India, fostering a future where every farmer and small business owner achieves financial independence and has ample opportunities to realize their aspirations. We aim to emerge as a trusted and accessible financial institution, contributing significantly to the prosperity of our customers and the wider community through our unwavering commitment to innovation, transparency, and sustainable community development.
Detailed Explanation of the Vision:
Leading Catalyst for Economic Empowerment in Rural India: We envision ourselves at the forefront of driving positive economic change in the rural landscape. This means not just providing financial services, but actively enabling growth, creating opportunities, and uplifting the economic status of individuals and communities in these areas.
Fostering a Future where Every Farmer and Small Business Owner Achieves Financial Independence: Our core focus is on the backbone of the rural economy – farmers and small businesses. We aim to equip them with the necessary financial tools, knowledge, and support to become self-reliant, manage their finances effectively, and expand their ventures, thereby securing their future.
Ample Opportunities to Realize Their Aspirations: Beyond basic financial needs, we want to help our customers pursue their dreams, whether it's expanding their farm, launching a new product, educating their children, or building a better life. We will strive to provide the financial pathways that make these aspirations achievable.
Trusted and Accessible Financial Institution: Trust is paramount in banking. We commit to building and maintaining this trust through ethical practices, reliable services, and a deep understanding of our customers' needs. Accessibility means ensuring our services are easy to reach, understand, and utilize, especially for those in remote or underserved areas.
Contributing Significantly to the Prosperity of Our Customers and the Wider Community: Our success is intrinsically linked to the prosperity of those we serve. We believe in a symbiotic relationship where the bank's growth fuels community development, and a thriving community, in turn, strengthens the bank. This includes supporting local economies, promoting financial literacy, and engaging in community initiatives.
Unwavering Commitment to Innovation: We will continuously explore and adopt new technologies and methodologies to enhance our services, improve efficiency, and better meet the evolving needs of our rural clientele. This includes digital banking solutions, tailored loan products, and efficient service delivery.
Transparency: We are committed to clear, honest, and open communication in all our dealings. Our policies, charges, and processes will be easy to understand, ensuring that our customers always know what to expect.
Sustainable Community Development: Our vision extends beyond individual financial gains to the holistic development of the communities we serve. This means promoting environmentally sound practices, supporting local employment, and contributing to the overall well-being and resilience of rural areas.
Mission of the Bank
Our mission is to:
Deliver Accessible and Robust Financial Solutions: To proactively serve the diverse financial needs of farmers, small businesses, and Self-Help Groups in rural areas, offering a comprehensive suite of products including competitive loans, secure savings, and efficient payment services. We are committed to maintaining our exemplary asset quality, as evidenced by our 0.00% Net NPA and 0.41% Gross NPA, ensuring the stability and reliability of our financial offerings.
Drive Sustainable Economic Empowerment: To foster the sustained growth and prosperity of our customers by providing timely and efficient credit, leveraging our strong loan portfolio of ₹111 Crore to support productive economic activities. We aim to contribute significantly to the overall development of the rural economy, ensuring that our financial strength, underscored by deposits of ₹260 Crore, translates directly into community benefit.
Champion Financial Literacy and Inclusion: To empower our growing customer base, now served across 7 branches, with the knowledge and tools necessary for informed financial decision-making. We are dedicated to promoting financial literacy, fostering a culture of responsible saving and borrowing, and expanding financial inclusion, particularly among women through targeted initiatives
Uphold Unwavering Trust and Transparency: To operate with the highest standards of integrity, ensuring complete fairness, honesty, and clear communication in all our interactions. Our commitment to ethical practices builds upon the strong foundation of trust that has enabled us to achieve a healthy CRAR of 25.56% and a commendable Net Profit of ₹5.20 Crore.
Cultivate Deep Community Partnerships: To actively engage with and understand the evolving needs of our local communities, contributing to their social and economic well-being beyond traditional banking services. We strive to be a responsive and integral part of the rural ecosystem, fostering long-term relationships built on mutual respect and shared progress.
Embrace Innovation for Enhanced Service Excellence: To continuously innovate and strategically adopt modern banking technologies, ensuring convenient, secure, and highly efficient service delivery across all our branches and digital channels. We are committed to enhancing the banking experience for our rural clientele, making financial services seamless and accessible.