Description
Abhyudaya Co-Operative Bank Ltd. provides multi-state co-operative banking services in India. The company offers savings, current, and term deposits; and NRI deposits, including NRE/NRO/FCNR. Its lending portfolio comprises retail loans, including personal, housing, education, vehicle, taxi-auto, mortgage, and rent securitization loans; loan/secured overdraft (SOD) against pledge of gold ornaments, government securities, and term deposits; SOD against immovable properties; loans for repairs/renovation of flats/houses, shops, and galas; and loans and advances to medical practitioners and other professionals. The company also provides business loans, including working capital finance; non-fund based letter of credit; business term, and short and medium term corporate loans; revolving credit limit; business loans against immovable properties; SOD against immovable properties to builders and developers; and loans to women entrepreneurs, educational institutes, and professional self-employed. Further, it offers ATM, SWIFT/RTGS/NEFT, and MoneyGram/Xpress Money services; insurance products; billing services for co-operative housing societies; other services, such as DEMAT, pan card, franking, and locker services; foreign exchange and trade services, such as services to exporters and importers; and Internet and SMS banking services. The company was formerly known as Abhyudaya Co-op. Credit Society Ltd. and changed its name to Abhyudaya Co-Operative Bank Ltd. in June 1965. Abhyudaya Co-Operative Bank Ltd. was founded in 1964 and is based in Mumbai, India. It has branch locations in metropolitan Mumbai, Navi Mumbai, Pune, Thane, Raigad, Nagpur, Nashik, Nanded, Kankavali, Aurangabad, Vadodara, Ahmedabad, Udupi, and Mangalore, India.
Corporate Address
K.K. Tower Abhyudaya Bank Lane off G.D. Ambekar Marg Parel Village Mumbai, 400 012 India
India
91 22 2414 0961
Tags:
Banking Finance Company, Corporate Banking, Mortgage Banking Services, Credit Card Loans, Capital Bank