Welcome to The Malegaon Merchants Co-op. Bank Ltd.,Malegaon
The Malegaon Merchants Co-op. Bank Ltd.,Malegaon
Reg. No.: NSK/BNK/101 Date 30/03/1962
Reserve Bank License No.: UBD/MH/930 P.Date. 30/11/1987

Branchwise Total Advances

Due to the bank’s planned loan distribution over the past several years and providing loans as per the needs, there has been a consistent increase in loan recovery.

In the current financial year, the interest rate on general loans has been reduced to 15%. Additionally, the interest rate on gold mortgage loans has been brought down to 11%, making loans more affordable for small borrowers. The Board of Directors has also set a goal to offer loans through new and innovative loan schemes.

As on 31/03/2025
Branch Name Amount (₹)
Head Office 343,727,216.16
Malegaon Camp 159,322,704.00
Sangameshwar Branch 157,500,956.96
Old Agra Road Branch 151,900,945.95
Tilak Road Branch 54,658,653.09
Satana Road Branch 274,772,019.17
Vardhaman Road Branch 235,742,198.02
Ravalgaon Branch 31,822,124.83
Total 1,409,446,818.18