knowmyifsc.com

The Arvind Sahakari Bank Ltd. was officially registered on March 18, 1998, under the Maharashtra State Co-operative Societies Act of 1960. Following this, it secured a license from the Reserve Bank of India (RBI) on October 9, 1998, and commenced business operations on January 1, 2000, establishing its headquarters in Katol, Nagpur District, Maharashtra. The institution is classified as an Urban Co-operative Bank, meaning it is a member-driven, non-public entity regulated by the provisions of the Banking Regulation Act, 1949 (A.A.C.S.). Its founding vision is encapsulated in its motto, "Service is the Way of Life."

The bank's significance lies primarily within the regional cooperative banking sector of Maharashtra. It is recognized as a dominant financial institution in its immediate area, having been the "number One Bank" in terms of deposit and turnover in Katol and adjacent Talukas for many years. As a regional financial intermediary, it provides essential banking and credit services to local communities. A marker of its growth is its deposit base, which reached a milestone of ₹1,000 crores across its seven branches as of September 2023. The bank's operations contribute to the overall resilience and depth of India's decentralized financial structure by serving a key local niche.