About Bank
About Bank
Shri Mahalaxmi Co-operative Bank Ltd was established on 12th October 1930 at Bijapur under the founder of Late Shri Shrinivasrao Swamirao Deshpande. The bank obtained License from the Reserve Bank of India on 14th December 1987 vide License No.UBD.KA 944 P. The Bank celebrated its Golden Jubilee on 09th November 1987 and Platinum Jubilee on 13th December 2009.
In order to provide better customer service, the Bank was fully computerized from April 2010 and Core Banking Solution (CBS) was enabled from April 2016. The bank also provides NEFT/RTGS for quick fund transfer and also CTS clearing facilities to its members and customers. The Bank will continue to offer the best possible customer service.
Milestones
12th October
The Bank starts its business.
9th November
Bank celebrates its Golden Jubilee and inaugurated the foundation stone of New Building inaugurated by Chief Minister Shri Ramakrishna Hegade.
14th December
Bank obtained License from RBI.
13th December
Bank celebrates its Platinum Jubilee.
10th April
Bank fully computerized.