Vasai Vikas Sahakari Bank Ltd. commenced its business operations in 4th October 1984 and has completed 34 years of responsible and responsive banking operations. Since incorporation without any interruption, we have been awarded "A" Grade Audit Classification.
The faith and trust of the customer has made a bank to leave a benchmark for itself with high quality of services and serving the community at large. Since our inception our motto was to serve the customers from economically weaker, lower, middle and upper income classes, Small Businessman, Professionals, Small & Medium Enterprises and Corporate who can secure their financial dreams under one roof.
We are proud to inform that Our Bank has been showing Average Growth of 20 and the Bank's total Business Mix of Rs.2672+ Crores as on 31-03-2019 which comprising Rs.1665 crore of Deposits and Rs.1007 crores of Advances.
Bank is having total 21 branches and Head Office in Palghar, Thane, Mumbai, Nasik & Aurangabad Districts having its operations in semi urban & rural areas of Maharashtra.
Bank has more than One lakh depositors in number, almost all the Branches of the Bank are having ATM facility and Bank already started Core Banking solution, RTGS/NEFT, RuPay Debit Card, POS/eCommerce, IMPS, UPI, NDS-OM / CALL / CBLO, CTS etc.
Over the years, the bank has consistently shown robust growth not only in size of Deposits and Advances but has also maintained profitability.
The position as on March 31, 2019 is as follows:
| Particulars :
|| Amount (Rs. in crores) :
||Rs. 1665 cr.
||Rs. 1007 cr.
| Total Business Mix
||Rs. 2672 cr.
Facilities to the customers like:
- Core Banking Solutions
- Mobile Banking (IMPS)
- IMPS Branch Banking
- Unified Payment Interface (UPI)
- RuPay Platinum Debit Card
- Mobile (SMS) Banking