Bank History

Sarvodaya commercial co-operative Bank Limited was established in Mehsana on 24th October, 1974 with 0.55 lacs of share capital under the Chairmanship of Late Shri Motilal Nagindas Maniyar and Managing Directorship Late Shri Kantibhai Somabhai Mehta. These were the people with deep and abiding ideas, faith, vision, optimism and entrepreneurial skills. These dedicated men in charge of the Society had a commendable sense of service and duty imbibed in them. Even today, our honorable founders and former trustees inspire a sense of feeling and respect in the Bank and amongst the shareholders.

Founder Chairman Late Shri Motilal Nagindas Maniyar

The Bank has the unique distinction of being a witness to History.

The Bank Started Journey from very small rented premises at Azad Chowk, Mehsana in the area of about 10×10 feet and at present the bank has its Fourteen branches with Eight own premises.

Bank has started diversified activities like,

  • RTGS/NEFT,
  • PMJJBY/PMSBY Premium auto debit
  • General Insurance
  • Auto Credit LPG Subsidy
  • Pan Card Issue Services
  • Franking of Non-judicial Stamps of Gujarat State Govt. since 2007 at our Azad Chowk Branch, Mehsana.
  • Core Banking solution services
  • Quick Gold Loan at very reasonable rate of interest