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Abhyudaya Co-operative Bank

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An urban co-operative bank in Maharashtra, India, offering deposits, loans and related banking services.

Last updated August 31, 2026

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Overview

Abhyudaya Co-operative Bank is an urban co-operative bank headquartered in Mumbai, India. It serves individuals, businesses and other co-operative banking customers. Its banking activities generally include savings and current accounts, term deposits, personal loans, home loans, small-business finance and digital payment services. The bank’s operating focus is in Maharashtra, particularly Mumbai and surrounding areas. Because the available source material is limited, this entry does not provide detailed information about its management history, capital structure, branch network or recent financial performance.

History

Abhyudaya Co-operative Bank was established in Maharashtra, India, in 1964 and later developed into an urban co-operative bank headquartered in Mumbai. Its basic operating model is based on co-operative banking, providing deposit, credit and payment services through a member- and customer-oriented network. The bank’s activities have primarily focused on Maharashtra and have included personal banking, retail lending and finance for small and medium-sized businesses. The available public material is insufficient to reconstruct its branch expansion, management changes, regulatory events or business transformations reliably, so this entry limits the historical account to the known overview.

  • 1964

    Bank established

    Abhyudaya Co-operative Bank was established in Maharashtra, India, operating as a co-operative bank.

Products and positioning

A regional urban co-operative bank serving individuals, merchants, and small and medium enterprise customers.

  • Retail banking

    Savings accounts

    Basic deposit accounts for individuals, supporting routine deposits, withdrawals and payments.

  • Commercial banking

    Current accounts

    Transaction accounts primarily intended for businesses, merchants and other institutions.

  • Deposit products

    Term deposits

    Fixed-term deposit products accepting funds for an agreed period and interest rate.

  • Credit services

    Loans

    A general lending category covering personal, housing, business and merchant financing.

Sources1 sources

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