Maharashtra State Co Operative Bank Careers & Branches

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Branch Locator address & telephone number List

Sr. No. Name of the office Telephone number Full address of the premises with pin code
1 Head Office 022/22876015 to 22876020 Extn.330,340 22042487 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001.
2 Andheri (E) Br. 26838757 Devta Co-op. Hsg. Sty. Ltd., Dev Darshan Building, Old Nagardas Road, Radha Krishna Marg,
Shop No.1 & 2, Andheri (East), Mumbai – 400 069.
3 Bandra (E) 26420007 Aaram shopping centre Opp. Chetana College, Government Colony, Bandra (E),
Mumbai – 400 051.
4 Borivali 28011130 Kesarbaug Co-op. Hsg. Sty. Ltd., Building No. 1, Gala No. 2, Plot No. 179, F.P. No. 213,
Eksar Village, Borivali (W), Mumbai – 400 092.
5 Byculla 23084158 National Solidarity Centre, Sevaniketan Bldg, Ground floor Sir J.J.Road, Byculla,
Mumbai – 400 008.
6 Chembur 25282561 Plot No. 177 B, D.K.Sandu Marg, Chembur,Mumbai – 400 071.
7 Dahisar 28931273 1/2, First Floor, Pokar kunj, Tawadewadi, Lokmanya Tilak Rd., Dahisar (West),
Mumbai – 400 068.
8 Ghatkopar (East) 25129060 Kot Mahal Co-op. Hsg. Sty. Ltd., Gala No.A-1, Plot No. 148, Garodiya Nagar, Ghatkopar (East), Mumbai – 400 077.
9 Goregaon Br. 28722131 Joyvilla, Plot No.58, Road No. 4, Jawahar Nagar, Goregaon (W), Mumbai – 400 062.
10 Jogeshwari (Ext. Counter) 26855032 Mahananda Dugdhashala, Western Express Highway, Goregaon (East), Mumbai – 400 065.
11 Kandivli (W) Br. 28051121 A/4 Best Staff Quarters, Bajaj Road, Kandivli (W), Mumbai – 400 067.
12 Khar (W) 26461803 Modern Co-op. Hsg. Sty.Ltd., “Sadhna” 16th Road and Corner of 1st Road, Khar (W),
Mumbai – 400 052.
13 Kurla (W) 26504611 Navaz Manzil, 303/304, Lal Bahaddur Shastri Marg, Kurla (West), Mumbai – 400 070.
14 Malad (E) 28834440 Paras, Daftari Road Malad (E) Mumbai – 400 097.
15 Mulund (W) 25600232 Plot No. 180, Parag Building, Ground floor, Ganesh Gawade Marg, Mulund (West),
Mumbai – 400 080.
16 Parel 24708687 Contractor Bldg. 268-272, Dr.Babasaheb Ambedkar Road, Parel, Mumbai – 400 012.
17 Pedder Road Br. 23526783 63, “Ratna”, Dr. Gopalrao Deshmukh Marg, Mumbai – 400 026.
18 Prabhadevi Br. 24224456 Shri Siddhivinayak Co-op. Hsg Sty. Ltd., Veer Savarkar Marg, Prabhadevi, Mumbai – 400 028.
19 Santacruz(E) 26124209 Neel Kamal CHS, Shop No 4 & 5, Neelkamal Prabhat Colony, Junction Road No. 5 and 7,
Behind Galaxy Hotel, Santacruz (E),  Mumbai – 400 055.
20 Santacruz(W) 26105701 2, Sai Aradhana CHS, Phirozshah Road, Opposite High life Mall, Santacruz (W),
Mumbai – 400 054.
21 Sion 24073591 Murlidhar Mandir Trust Bldg., Near Ram Mandir, Plot No. 202 Sion(E), Mumbai – 400 022.
22 Shivaji Park Br. 24302192 Ganesh CHS Ltd., Block No. 12, Ground Floor, Ganesh peth lane, Dadar(w), Mumbai – 400 028.
23 Versova 26362164 “Elders Home” Seven Bunglow, Fisheries University Road, Aaram Nagar No. 1, Versova,
Andheri (W), Mumbai – 400 061.
24 Vikhroli 25781736 Kannamvar Nagar, Maharashtra Housing Board, Vikhroli (E), Mumbai – 400 083.
25 Vile-Parle (E) 26141709 Vile Parle (East) Branch,Trimbak Niwas, 65, M. G. Road,Vile Parle (East), Mumbai – 400 057.
26 Vashi 27892513 Plot No. 88, Sector No. 17, Vashi, Navi Mumbai – 400 703.
27 Turbhe Vashi Extn. Counter 27891866 APMC Market, Sankul – 2, Sector – 19B, Plot No. 7, G1, Avalon Heights School Building, Turbhe, Vashi, Navi Mumbai – 400 705.
28 Y. B. Chavan Extention counter 22028620 General Jagannath Bhosle Marg, Near Sachivalaya Gymkhana, Mumbai – 400 021.
29 Deonagar (Nagpur) 0712– 2226651 Santaji Colony, Deonagar, Nagpur – 440 015.
30 Dhantoli (Nagpur) 0712-2524982 Vijay Bhavah, Lokmat chowk., wardha Road, Nagpur – 440 012.
31 Dharampeth (Nagpur) 0712-2531204 Madhumadhav Commerclal Complex, Laximibhavan chowk, Dharampeth, Nagpur – 440 010.
32 Ranapratap Nagar (Nagpur) 0712-2222191 “Shewalkar Gardens”, Opp. V.N.I.T., South Ambazari Marg, Nagpur – 440 010.
33 Sadar (Nagpur) 0712-2532573 “Vhora Complex “, Beside Patni Automobiles, Kamti Road , Nagpur – 440 001.
34 Sitabardi (Nagpur) 0712-2524012 Rajaram Bldg., Main Road, Sitabardi, Nagpur – 440 027.
35 Vanjarinagar (Nagpur) 0712-2748961 Tylin Empire, Kukade Lay Out, Plot No. 20, Babhulkheda ,Vanjarinagar, Nagpur – 440 027.
36 Chota Tajbaug (Nagpur) 0712-2745291 Plot No. 115, Priti Apartment, Chota Tajbaug Chowk, Nagpur – 440 024.
37 Bairamji Town (Nagpur) 0712-2793119 32, Chitnis Lay out, Bairamji Town, Nagpur – 440 013.
38 Manewada (Nagpur) 0712-2758412 “Gulmohar Mange Bhavan” Mahalaxmi Nagar, Cement Road, Nagpur – 440 024.
39 Dighori (Nagpur) 0712-2712809 Plot No.9, Adarshnagar, Ring Road Chowk, Umred Road, Dighori, Nagpur – 440 009.
40 Akola 0724-2430023 Old cotton Market, Akola – 444 001.
41 Amravati 0721-662162 Dr. Panjabrao Deshmukh Bldg., Mahanagar palika ward No.41, Topenagar, Amravati Camp, Amravati – 444 601.
42 Aurangabad 0240-2471464 Plot No. 10, Town centre, CIDCO, P. B. No. 654, Aurangabad – 431 003.
43 Regional Office Nagpur Branch (0712) 2729096/ 2729097/ 2728498/ 2726308/ 2727346 Dr. Dhananjay Gadgil Road, Mahal, Nagpur – 440032.
44 Kolhapur 0231-2530700/800 C S No. E-451/1, Block No. 224 to 230 First floor, Kevij Plaza, Venus Corner, Shahupuri, Kolhapur 416001
45 Dhule (02562)236871 Mr. Shivaji Siddhuji Gavali, Survey No.7, Galli No. 4, Nagarpatti, Near Gandhi Statue, Dhule-424 001
46 Nanded (02462)286919 Plot No. 180, Vasant Nagar, Near Sharda Nagar Bus Stop, P. O. Box. No. 15, Nanded – 431602.
47 Pune (020) 25654945, 25654497, 25659503 The Maharashtra State Co-op. Bank Ltd., Divisional Office, Pune 915/2, Shivaji Nagar, Dr. Sule Road, P. O. Box No. 882, Pune – 411004
48 Nashik (0253) 2392852, 2392853, 2392854 The Maharashtra State Co-op. Bank Ltd., Regional Office Nasik, Plot No. 3, Sector – E, Mumbai – Agra Road, CIDCO, P. O. Box. No. 81, Nasik – 422009
49 Beed (02442)230455 Plot No N H 1-3-651, Shivaji Nagar, Barshi Road, Beed 431122.
50 Solapur (0217)2726639 Lokmangal Bazaar, Lokmangal Bhavan, Opp. Mayor Bungalow, Railway line, Solapur – 413001.

ATM Locator
Office address & telephone number List

Sr. No. Name of the office Telephone number Full address of the premises with pin code
1 Head Office 022/22876015 to 22876020 Extn.330,340 22042487 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400 001.
2 Head Office 022/22876015 to 22876020 120, Shahid Bhagat Singh Road, Fort, Mumbai 400001.
3 Vashi Office 27892513 Plot No.88, Sector No.17, Vashi, Navi Mumbai – 400 703.
4 Chembur Branch 25282561 Plot No. 177 B, D.K.Sandu Marg, Chembur,Mumbai – 400 071.
5 Sion Branch 24073591 Murlidhar Mandir Trust Bldg., Near Ram Mandir, Plot No. 202 Sion(E), Mumbai – 400 022.
6 Rigional Office Nagpur 0712-2729096
0712-2042040
0712-2726308
Dr.Dhananjayrao Gadgil Marg,Mahal,Nagpur.440 032.
7 Kolhapur 0231-2530700/800 C S No. E-451/1, Block No. 224 to 230 First floor, Kevij Plaza, Venus Corner, Shahupuri, Kolhapur 416001
8 Pune (020) 25654945, 25654497, 25659503 The Maharashtra State Co-op. Bank Ltd., Divisional Office, Pune 915/2, Shivaji Nagar, Dr. Sule Road, P. O. Box No. 882, Pune – 411004
9 Nashik (0253) 2392852, 2392853, 2392854 The Maharashtra State Co-op. Bank Ltd., Regional Office Nasik, Plot No. 3, Sector – E, Mumbai – Agra Road, CIDCO, P. O. Box. No. 81, Nasik – 422009
10 Dhule (02562)236871 Mr. Shivaji Siddhuji Gavali, Survey No.7, Galli No. 4, Nagarpatti, Near Gandhi Statue, Dhule-424 001
11 Nanded (02462)286919 Plot No. 180, Vasant Nagar, Near Sharda Nagar Bus Stop, P. O. Box. No. 15, Nanded – 431602.
12 Beed (02442)230455 Plot No N H 1-3-651, Shivaji Nagar, Barshi Road, Beed 431122.
13 Solapur (0217)2726639 Lokmangal Bazar, Lokmangal Bhavan, Opp. Mayor Bungalow, Railway line, Solapur – 413001

CTS Service Centers

Sr. No. Location Phone Fax
1 The Maharashtra State Co-op. Bank Ltd., Mumbai Head Office 9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai – 400001 (022) 22876015-20, 22880585, 22800532, 228005332, 22800541 (022) 22834416
2 The Maharashtra State Co-op. Bank Ltd., Regional Office, Nagpur Dr. Dhananjay Gadgil Road, Mahal, Nagpur – 440032 (0712) 6561950, 2729096, 2729097,2726308, 2727346 Ext.206, 328 (0712) 2728663, 2737227
3 The Maharashtra State Co-op. Bank Ltd., Aurangabad – Branch Plot No. 10, Town Centre, CIDCO, Aurangabad – 431003, P. O. Box. No. 654 (0240) 2471464, 2485810, 2485221, 2482228, 2476068 Ext.211, 212 (0240) 2485011, 2471464
4 The Maharashtra State Co-op. Bank Ltd., Regional Office Nasik, Plot No. 3, Sector – E, Mumbai – Agra Road, CIDCO, P. O. Box. No. 81, Nasik – 422009 (0253) 2392852, 2392853, 2392854 (0253) 2392980
5 The Maharashtra State Co-op. Bank Ltd., Divisional Office, Pune 915/2, Shivaji Nagar, Dr. Sule Road, P. O. Box No. 882, Pune – 411004 (020) 25654945, 25654497, 25659503 (020) 25654319
6 The Maharashtra State Co-op. Bank Ltd., Pay Office, Kolhapur Ayodhya Towers, 4th Floor, Dabholkar Corner, Shahupuri, Kolhapur. (0231) 2666792, 2666793, 2652762 (0231) 2662708
7 The Maharashtra State Co-op. Bank Ltd., CTS centre, C/o. Solapur DCC Bank Ltd., Head Office, Ext.Building – 46, 1st Floor, Yogeshvari Complex, Gold Flech peth, Solapur – 413 001.
History

The co-operative movement in India traces its origin to a period as early as 1904, when the Co-operative Credit Societies Act was enacted. As far as co-operative sector is concerned, Maharashtra is the most developed state in the country. There is hardly any village in the state which remains untouched by the co-operative movement and hardly any important economic activity that is not covered under a co-operative fold. The co-operative movement in Maharashtra is nourished by a three-tier co-operative credit structure, at the helm of which is The Maharashtra State Co-operative Bank Limited (MSCB). At the middle level are 31 District Central Co-operative Banks (DCCBs) and at the bottom level, over 21269 Primary Agricultural Credit Societies (PACS) are functioning.

The MSC Bank serves as a balancing center for the surplus resources of co-operatives in the state and thereby ensures their multifaceted development and prosperity. Needless to say that MSC Bank is the biggest co-operative bank in the country. Besides, it is the only co-operative bank in India which has figured 9 times among the top 1000 banks in the world on the basis of financial soundness (Capital Adequacy) as surveyed by ‘The Banker’ published from London, periodically. The bank is listed in Schedule II of RBI Act 1934.

The network of the co-operative Credit structure in Maharashtra
Sr. No. The Maharashtra State Co-op. Bank 2015-16 Co-operative Credit Structure
(Maharashtra State)
2015-16
1 Head Office (Mumbai) 1 No. of DCC Banks 31
2 Administrative Office (Vashi) 1 No. of Branches of DCCBs 3746
3 Regional Offices 6 Total No. of PACS 21085
4 Branches 38 Members of PACS 11386310
5 Extension Counters 3 Borrower Members 4993113
6 CTS Service Centres 7 No. of Urban Co-op. Banks 516
7 ATM Centre 6 No. of Branches of Urban Co-op. Banks 4769
8 MEGA Banker Machine 4

The twin objectives of MSCB is to promote and propagate the creation of a Co-operative Commonwealth through socio-economic transformation of the community by following co-operative principles by adopting democratic means. It means elimination of individual profit, distribution of surplus earnings according to the established law & regular practice and readiness to work for a common cause.

The business of this Bank shall be carried on and managed by elected Board of Directors. The maximum number of elected members of the Board shall not exceed twenty one. At least TWO directors on the Board of Directors of the Bank should meet the criteria of expert director mentioned in Bye-law 2(i). The Board meets as often as may be necessary, but at least once in two months and exercises overall control over the working of the Bank. From the Board of Directors, are constituted three sub-committees, viz. Loan Committee, Executive Committee and Staff Committee.

Loan Committee considers Loan proposals, requests for opening inland and foreign letters of credit, issuance of bank guarantees on behalf of co-operatives and other constituents.

Executive Committee considers issues like admission of members, allotment, transfer and redemption of shares of the Bank and other administrative and working operational matters.

Staff Committee decides matters exclusively related to staff, such as recruitment, appointments, promotions, training needs etc.

The first two committees meet alternatively once in a fortnight, while the staff committee is expected to meet quarterly. The General Body of Members meets once in a year. The day-to-day working of the Bank is supervised by the Managing Director with the help of senior colleagues.

Board of Administrators consisting of 2 members had been appointed by state Government to carry on business of the bank since 7th May 2011 till 3rd July 2015.Thereafter ,3 new members were appointed by the state Government to carry on the business of the bank from 4th July 2015 till date.

Over the years, MSCB has been fortunate in having the guidance of eminent personalities in different walks of life. To mention a few are successful businessmen like the late Mr. Lallubhai Samaldas, Mr. Vaikunthbhai Mehta, Mr. V. D. Thackersey and intellectuals like professor D. G. Karve, Dr. Dhananjayrao Gadgil and Mr. R. G. Saraiya who have helped the Bank to grow in stature and strength.

The Bank was originally registered as The Bombay Central Co- operative Bank Limited in 1911. However, it’s fore-runner The Bombay Urban Co- operative Credit Society was formed on 23-01-1906. With the passage of time, the Bank underwent a few constitutional changes before it acquired the present status, viz. The Maharashtra State Co-operative Bank Ltd. (Incorporating the Vidarbha Co-operative Bank Ltd.) on 1-5-1961 under the Registration No. 359 following the reorganization of states on the linguistic basis. It is interesting to note that as a result of constitutional changes, The Bombay Central Co-operative Bank Ltd. became known as The Bombay Provincial Co-operative Bank Ltd. in 1923, which from 1952 was recognised as The Bombay State Co-operative Bank Ltd.

Initially, the Bank laid emphasis on the establishment of live contacts with villagers, which gave impetus to the opening of branches in the state. The Bank’s credit and marketing activities were combined in its rural branches. However, in due course the Bank encouraged the formation of separate marketing societies and transferred the business to them. With the evolution of three-tier co-operative credit structure (PACS, DCCBs, MSCB), the Bank transferred its credit business to the newly established Central Financing Agencies, i.e. Districts Central Co-operative Banks. This paved the way for linking credit with marketing in the co-operative domain.

To widen the scope of co-operative activities, the bank has helped substantially in promoting not only new co-operative ventures, but also extended technical guidance and managerial expertise to them. Indeed, the Bank has a lion’s share in promoting the first co-operative sugar factory in the country at Pravara Nagar in Ahmednagar district. To promote its activities on a greater scale, the Bank constituted within itself a separate cell, viz. Co-operative Industries Commission, by drawing experts from various universities, technical institutes, industrial houses and consultancy organizations. The bank thus gave fill up to the organization of co-operative and ancillary industries for the production of agricultural inputs such as fertilizers, agricultural machinery like oil engines, pump sets, tractors, etc. The bank also helped to set-up secondary and tertiary industries manufacturing paper, alcohol and lately ethanol based on the by-products of the agro processing industries. Today, the Bank is helping sugar factories in setting up the co-generation projects.

These agro based processing units are financially helped by MSCB & some of these units have promoted and/or helped the localities to start up the professional educational institutes viz. Medical Colleges, Engineering Colleges etc. and spread the education which was dream in semi-urban & rural vicinities.

But this is not surprising given the social commitment of the bank since its inception. Accordingly, the bank has constituted a Credit Stabilization Fund to ably meet natural calamities and at the same time created a Special Credit Stabilization Fund for strengthening Fishery, Agro Co-operatives. The funds are used to rehabilitate poor farmers through PACS and DCCBs.

Another feature of the working of MSCB is the introduction of the Crop Loan System. It was evolved by MSCB jointly with some District Central Co-operative Banks in the state. Following its success, the scheme evoked wide-spread interest and similar experiments were launched in other districts of the state. Ultimately, the scheme was adopted by the Reserve Bank of India for its implementation throughout the country. The Bank thus proved to be a pioneer of the time-tested Crop Loan System.

Apart from this, the Bank took innovative measures to provide facility for issuance of Demand Drafts by devising the Mutual Arrangement Scheme way back in 1931. This scheme for co-operative banks in the state inspired National Federation of State Co-operative Banks (NAFSCOB) to introduce a similar scheme for co-operative banks in the entire country from the sixties. Obviously, the Bank had a lion’s share in its formulation.

There are 31 DCC Banks in the State, out of which 30 Districts Central Co-operative Banks in the state which primarily cater to the financial needs of the agricultural sector. In this endeavor of the District Banks, MSCB plays a pivotal role by providing refinance. The Bank also extends its services to DCCBs and Urban Banks for investments of their funds in government securities by opening Constituent Subsidiary General Ledger (CSGL) accounts. Bank has sanctioned Import/ Export limits to PCB’s / DCCBs on behalf of their customers and helping to promote their forex business. While lending, emphasis is laid on financing Integrated Rural Development Schemes presently known as “Suvarna Jayanti Gram Swarojgar Yojana” to spur multifaceted development of shareholder PACS who are below poverty line, as well as financing schemes of national importance like Bio-Gas Development etc. Thus, waste resources are put to the best use and thereby pollution is minimised. Those district banks which are not eligible for loans under NABARD’s refinance facilities are also provided financial assistance by the Bank out of it’s own resources at the concessional rate of interest. Another salient feature of the financial assistance extended by MSCB is that although it caters mainly to the needs of the agricultural sector, it takes care of financial needs of the non-farm sector also by providing refinance facility to district banks under NABARD’s general refinance and composite loan schemes to enable them to help rural artisans and small scale industries.

To accelerate the region wise growth of co-operative sector, MSCB had opened its Regional, Divisional and Pay Offices. Hon. Administrative Board has accepted ICRA’S recommendations to convert Pay Offices & Divisional Offices into Regional Offices. Hence bank had changed the Pay office & divisional Office into Regional Office Kolhapur & Nanded. On 09th Nov 2015.

 


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