This bank was originally registered as the Banaskantha District Central Co-operative Bank Ltd. under The Bombay State Cooperative Act in 1959. In 1960, the Gujarat State was partitioned from Maharashtra and formed as separate state with cooperative regulation under Gujarat State Cooperative Societies Act 1961. The patan district was included in its area of operation after the formation of new district. The bank is purely a cooperative body in its structure as only co-operative societies can be its members and individuals are enrolled as nominal members only.
With the new beginning in 1959 in the co-operative field, the enthusiasm infused by the Board of Directors, constant loyalties of clientele and devotion of staff has propelled the sound foundation of The Banaskantha District Central Cooperative Bank Ltd. (BANAS BANK) and has emerged as one of the leading central bank in the district.
BANAS BANK presently is catering to the needs of society through a close network of 144 Branches spread all over the blocks of Palanpur, Deesa, Tharad, Danta, Dhanera, Kankrej, Lakhani, Deodar, Bhabhar, Radhanpur, Santalpur, Suigam, All these Branches have made remarkable progress on all fronts in all these years.
BANAS BANK believes that "customer delight" is the ultimate goal and has a strong belief that Customers & all Stakeholders wholehearted support, absolute faith and their patronage has largely been responsible for its enviable growth. BANAS BANK is committed to provide banking with speed, comfort and convenience.
BANAS BANK feels proud to acknowledge the growth of large number of successful industrialists, traders and professionals who have grown leaps & bound due to timely assistance and support of the Bank.
BANAS BANK has set before a Visionary Growth Plan focusing all business strategies solely on creation of Stakeholders value.