Vasai Vikas Sahakari Bank Ltd. commenced its business operations in 4th October 1984 and has completed 33 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%, in Business during last 5 years and the net N.P.A. of the Bank is O% over the years. Bank's total Business Mix of Rs.2351+ Crores as on 31-03-2017 which comprising Rs.1525.11 crore of Deposits and Rs.802.68 crores of Advances.
Bank is having fifteen in Palghar District, three branches in Thane District and one each in Mumbai, Nasik & Aurangabad Districts i.e. at Vasai Gaon, Navghar- Vasai (W), Barampur-Vasai (W), Virar, Agashi-Virar (W), Bolinj-Virar (W), Naringi-Virar (E), Nalasopara, Boisar, Waliv-Vasai (E), Palghar, Saphale, Mira Road (E), Thane and Borivali, Mirar Road, Bhayader (W) etc. having its operations in semi urban & rural areas.
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, 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, 2017 is as follows:
| Particulars :
|| Amount (Rs. in crores) :
||Rs. 1525.11 cr.
||Rs. 826.20 cr.
| Total Business Mix
||Rs. 2351.31 cr.
Facilities to the customers like:
- Core Banking Solutions
- Mobile (SMS) Banking
- RuPay DEBIT CARD
- Teller facility at Virar, Vasai & Nallasopara Branch,
- 12 x 7 days banking at our Virar, Navghar Branch (Except Bank Holiday)
- Seven days banking at Virar, Vasai, Navghar & Borivali