Complete List of Cooperative Banks in India 2025 – Urban & Rural Co-ops Banks

The role of cooperative banks in a rapidly growing nation like India is of immense significance. The cooperative banking sector has played a pivotal role in uplifting the socio-economically underprivileged strata of the Indian populace. 

Initially established with the noble objective of liberating the destitute from the clutches of unscrupulous moneylenders who demanded exorbitant interest rates, cooperative banks have been instrumental in providing credit to their members. The Cooperative Society Act, enacted during the early 20th century, facilitated the formation of cooperative organizations, further cementing the vital role played by these banks in India’s economic and social development.

These regional organizations were completely dedicated to serving the local community. Over time, the cooperative societies thrived and gained the prestigious reputation of being recognized as banks. As a result, certain conditions laid out in the Banking Regulations Act were imposed on the cooperative societies, leading them to transform into cooperative banks of India. 

What is a Cooperative Bank?

A cooperative bank is a small financial institution whose members are both owners and customers. These banks are supervised by the Reserve Bank of India (RBI) and are registered under the States Cooperative Societies Act. 

Cooperative banking provides significant advantages as a financial bridge for agricultural and related enterprises, small-scale industries and independent contractors. These banks are established by raising funds through share sales, accepting deposits and providing loans. 

What are the Objectives of Cooperative Banks?

The primary objectives of cooperative banks are to provide financial services to their members, foster their economic development and contribute to the overall growth of the community they serve. In this section, we will delve into these objectives in greater depth.

• Members Get Financial Services - The main goal of cooperative banks is to offer financial services to their members. These services may include deposit accounts, loans, mortgages and other financial products. By providing these services, cooperative banks assist their members in reaching their final objectives and enhancing their financial stability. 
• Promoting Economic Growth - Cooperative banks have a crucial objective; to foster economic development in the communities they serve. This is effectively accomplished through the provision of loans and a range of financial services to local businesses. By doing so, cooperative banks not only generate employment opportunities but also ignite a robust surge in economic growth. Moreover, these banks extend support to local farmers and agricultural enterprises, recognizing their role as significant contributors to the local economy.
• Supporting Community - Cooperative banks also have the noble goal of fostering the overall growth of the community they tirelessly serve. This encompasses ceaseless efforts in investing in community development initiatives, ranging from constructing affordable housing to championing local charities and non-profit organizations. By wholeheartedly dedicating themselves to these virtuous projects, cooperative banks unquestionably contribute to the creation of a more robust and dynamic community. 
• Member Participation and Control Assurance - One crucial feature of cooperative banks is that they are owned and operated by their members. Consequently, members hold the power to influence the bank’s operations and distribution of its profits. This fundamental principle guarantees that cooperative banks remain committed to their members and can deliver financial services that precisely cater to their needs. 

What are the Different Types of Cooperative Banks that Function in India?

3 different types of cooperative banks function in India - Tier 1, Tier 2 and Tier 3. The functionality of each type of Indian cooperative bank has been discussed in this section:

• Tier-1 OR State Cooperative Banks - They serve as the highest governing bodies for all cooperative banks within a specific state. These banks play a crucial role in establishing a link between cooperative banks and the Reserve Bank of India.
• Tier-2 OR District/Central Cooperative Banks - These organizations function at the district level and their main purpose is to allocate funds to the primary cooperative banks
• Tier-3 OR Primary Agricultural Credit Societies (PACSs) - These form the foundation of the hierarchical structure. They are located in rural as well as urban areas and directly serve the local population by providing services such as loans and opening deposit accounts. 

Top 10 State Cooperative Banks That Are Functional in India in 2025

There are currently 33 state cooperative banks (SCBs), 328 district/central cooperative banks (DCCBs) and 88891 primary agricultural credit societies (PACSs) that are functional in India in 2025. In this section, we will discuss only the top 10 state cooperative banks currently functioning in India. 

1. Cosmos Cooperative Bank

For over a century, Cosmos Cooperative Bank Ltd. has consistently demonstrated an unwavering commitment to serving its extensive customer base of over 20 lakh across 7 states through 152 branches. With an unshakeable dedication to professionalism and ethical standards, the Bank has established itself as a paragon among cooperative banks. It has showcased a profound understanding of its customer’s needs by offering personalized banking services through meticulously designed products that cater to a diverse range of clientele. As a proud member of BCSBI, the Bank upholds the most rigorous banking practices to ensure the utmost satisfaction of its customers. 

2. NKGSB Cooperative Bank Ltd

Founded on 26 September 1971 by the renowned Sheth Shantaram Mangesh Kulkarni, the North Kanara Gaud Saraswat Bank (NKGSB Cooperative Bank Ltd) has emerged as a prominent financial institution operating across multiple states. Its reach extends across Madhya Pradesh, Gujarat, Goa, Karnataka and Maharashtra in addition to the union territories of Dadra & Nagar Haveli, Daman and Diu. This progressive bank has transformed itself to provide a wide range of exceptional banking services, tailored to meet the unique requirements of its valued clients. 

3. The Punjab State Cooperative Bank

Founded in 1949 with its headquarters in Chandigarh, Punjab State Cooperative Bank is a renowned co-operative bank in Punjab. Their diverse range of banking services includes online banking facilities, loans, fixed deposits, current accounts and savings accounts. What sets PSCB apart is their unwavering commitment to serving the agricultural community in Punjab, which has allowed the bank to establish a prominent position in the banking industry.

The bank serves farmers by offering financing options for the acquisition of agricultural equipment, Kisan credit cards and crop loans. Besides its extensive range of agricultural banking services, Punjab Cooperative Bank has embraced the digital age providing a variety of digital banking services like ATM, internet banking and mobile banking services. These state-of-the-art services not only amplify banking convenience but also significantly enhance accessibility for our esteemed customers.

4. Kalupur Commercial Cooperative Bank

Kalupur Commercial Cooperative Bank, an esteemed cooperative bank located in Gujarat, India, has been providing a wide range of banking services since its establishment in 1970. Headquartered in Ahmedabad, the bank operates through a network of 50 branches and has a team of over 800 dedicated employees. Recognised for its exceptional customer service, the bank has received numerous accolades for its outstanding performance in the financial industry. 

In addition to traditional banking services like loans, fixed deposits, current and savings accounts, Kalupur Bank also provides a wide range of digital banking services, including SMS banking, internet banking and mobile banking. These innovative services empower customers to access their accounts and perform transactions from any location, at any time, creating a seamless banking experience. 

5. Janata Sahakari Bank Ltd

Janata Sahakari Bank Ltd. in Pune has achieved remarkable progress thanks to the unwavering support and contributions of its well-wishers, employees, customers and shareholders. The bank boasts an extensive network of 71 branches and 2 extension counters spread across Gujarat and Maharashtra. This exceptional progress has led the Reserve Bank of India to include the bank in the second schedule, granting it the ability to accept deposits from government and semi-government corporations. Additionally, government and semi-government corporations now accept the bank’s drafts in return.

The bank achieved the prestigious status of a Multi-State Co-op Bank under the Multi-State Co-Op Societies Act 2002, following its recognition as a Multi-State Scheduled Bank in 2012. Furthermore, in 2005, the bank implemented cutting-edge core banking technology, revolutionizing its service offerings. This technological advancement has empowered the bank to offer seamless and efficient services, allowing customers to conduct transactions effortlessly across all branches through the convenient “Any Branch Banking Facility”. With this state-of-the-art technology, the bank is committed to providing prompt and accurate services, surpassing customer expectations. 

6. Thane Janata Sahakari Bank (TJSB) Ltd 

The Thane Janata Sahakari Bank Ltd. (TJSB) embarked on its cooperative journey in 1972. Since then, it has grown into a dynamic multi-state scheduled cooperative bank. This transformation has been driven by the remarkable foresight and dynamism of its Board of Directors. Their vision has not only earned the bank unwavering loyalty from its clientele but also instilled a deep devotion within its staff. 

Consequently, the bank has built a solid foundation and has risen as one of the leading multi-state scheduled cooperative banks in the country. The bank currently operates a network of 52 branches and 1 extension counter, mainly spread across Maharashtra. 

TJSB Ltd has successfully implemented a core banking solution (CBS) and has also developed a range of technology-enabled channels, including ATMs, internet and mobile to better serve its customers. With a network of 55 ATNs spread across Nashik, Pune, Navi Mumbai, Mumbai and Thane, the bank has clearly shown its dedication to providing customers convenient access to banking services. 

7. Bharat Cooperative Bank

The Bharat Cooperative Bank Limited was granted its banking license in 1978, marking the beginning of its journey towards excellence. Known for its impeccable reputation and a vibrant team of professionals, the bank has positioned itself as one of the most outstanding financial institutions in the city. With an extensive customer base of over 5,50,000 individuals, the bank has established itself as a trustworthy partner for numerous clients. Recognizing its exceptional performance, the Reserve Bank of India bestowed scheduled status upon the bank on 22 April 1996. Building on this achievement, the bank further elevated its standing by registering as a “Multi-State Scheduled Co-operative Bank” on 26 September 1997. 

8. Abhyudaya Cooperative Bank

Abhyudaya Cooperative Bank embarked on its journey to success over 5 decades ago when it received Scheduled Bank status from the Reserve Bank of India in September 1988. With an impressive growth trajectory, it has emerged as a leading Urban Co-operative Bank in the nation, establishing a solid presence in key locations such as Metropolitan Mumbai, Ahmednagar, Aurangabad, Kankavali, Nanded, Nashik, Nagpur, Raigad, Thane, Pune, Navi Mumbai and Pen in Maharashtra state. The bank is also present in Ahmedabad, Vadodara in Gujarat and Mangalore and Udupi in Karnataka. 

The bank made significant progress when it was registered as a Multi-State cooperative bank by the Central Registrar in New Delhi on 11 January 2007. Even though its initial area of operation was limited to 3 states - Karnataka, Gujarat and Maharashtra, the bank persisted in expanding its reach. As a testament to its growth, the bank successfully merged with 3 other cooperative banks - Manekchowk Co-op Bank Ltd in Ahmedabad (Gujarat), Janatha Co-op Bank Ltd in Udupi (Karnataka) and Shree Krishna Sahakari Bank Ltd in Vadodara (Gujarat). 

9. Shamrao Vithal Cooperative Bank 

Established in 1906, Shamrao Vithal Cooperative Bank Limited (SVC) has consistently dedicated to its noble objective of helping the less fortunate members of the community with their economic endeavours and fostering a culture of savings. Throughout its history, the bank has continuously embraced innovation and spearheaded various groundbreaking initiatives. In 19097, it pioneered the introduction of revolutionary schemes such as savings bank deposits, fixed deposits and cumulative deposits schemes. Building on this success, the bank further introduced Co-operative Stores in 1910 and the visionary Cash Credit Loan Scheme in 1913. These visionary moves have set SVC Ltd apart as a true trailblazer in the banking industry. 

As part of its ongoing commitment to better serve its members, the bank has also launched a range of new offerings over the years. These include pioneering schemes such as remittance by draft in 1911, an Education Fund, a Fidelity Guarantee Fund in 1927 and a Distress Relief Fund in 1931. The bank’s relentless pursuit of excellence is evident in its introduction of Safe Deposit Vaults in 1964, Cash Certificates in 1975 and Industrial Financing in 1966. 

The bank has achieved significant milestones such as being granted “Scheduled Bank” status in 1988 and surpassing deposits of 13,000 crore rupees in the financial year 2016. Furthermore, in 2002, the bank established its Corporate Office - SVC Tower at Vakola and in 2003, it successfully implemented the Genius I Core Banking solution across all its branches. 

10. Saraswat Cooperative Bank

Established in Mumbai in 1918, Saraswat Cooperative Bank has grown significantly to become one of India’s best financial institutions. With an extensive network of branches, the bank serves multiple states, providing a wide range of financial products to cater to the needs of the customers. Their comprehensive portfolio includes various accounts, insurance, loans and investment options that are designed to meet the diverse requirements of individuals and businesses alike. The bank believes in harnessing the power of technology to enhance the banking experience and that’s why they offer innovative services like internet banking, online bill payments and mobile banking. 

At Saraswat Cooperative Bank, they pride themselves on their customer-centric approach. They are dedicated to delivering outstanding customer service and ensuring the utmost satisfaction of the clients. This commitment has earned them numerous industry accolades and awards. With a rich history spanning over a century, SCB is a trusted and reliable partner for all kinds of financial needs. 

For a century, Saraswat Bank has achieved remarkable growth, establishing itself as the leading Urban Co-operative Bank in India. Surpassing its competitors, the bank has prospered across 6 states - Karnataka, Madhya Pradesh, Delhi, Gujarat, Goa and Maharashtra. As of March 2023, with a total business exceeding 75,000 crore rupees and 444 branches, the bank remains steadfast in its commitment to preserving the rich legacy while delivering exceptional service. 

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List of All State Cooperative Banks in India 2025

As mentioned above, 33 state cooperative banks are currently operational in India in 2025. We have already mentioned the top 10 cooperative banks in the section above. In this section, we will provide the remaining SCBs in India. 

1. Andaman & Nicobar State Cooperative Bank Ltd
2. Andhra Pradesh State Co-Op Bank Ltd
3. Assam Co-operative Apex Bank Ltd
4. Bihar State Co-operative Bank Ltd
5. Delhi State Co-operative Bank Ltd
6. Goa State Co-operative Bank Ltd
7. Gujarat State Co-operative Bank Ltd
8. Haryana State Co-op Apex Bank Ltd
9. Himachal Pradesh State Co-op Bank Ltd
10. Jammu and Kashmir State Co-op Bank Ltd
11. Jharkhand State Co-operative Bank Limited, Ranchi
12. Karnataka State Co-op Apex Bank Ltd
13. Kerala State Co-operative Bank Ltd
14. Madhya Pradesh Rajya Sah. Bank Maryadit
15. Maharashtra State Co-operative Bank Ltd
16. Manipur State Co-operative Bank Ltd
17. Meghalaya Co-operative Apex Bank Ltd
18. Mizoram State Co-op Apex Bank Ltd
19. Orissa State Co-operative Bank Ltd
20. Puducherry State Co-operative Bank Ltd
21. Sikkim State Co-operative Bank Ltd
22. Tamil Nadu State Co-operative AP. Bank Ltd
23. Telangana State Cooperative Apex Bank Ltd
24. Arunachal Pradesh State Co-op Apex Bank Ltd
25. Chandigarh State Co-op Bank Ltd
26. Chhattisgarh Rajya Sahakari Bank MYDT
27. Nagaland State Co-operative Bank Ltd
28. Punjab State Cooperative Bank Ltd
29. Rajasthan State Co-op Bank Ltd
30. Tripura State Co-operative Bank Ltd
31. Uttar Pradesh Co-operative Bank Ltd
32. Uttarakhand Rajya Sahakari Bank Ltd
33. West Bengal State Co-op Bank Ltd

List of District/Central Cooperative Banks in India 2025

In this section, we will provide the names of all the 328 district/central cooperative banks (DCCBs) currently operating in India. 

State-Wise Active Primary Agricultural Credit Societies (PACSs) in India in 2025

There are 8,88,91 active primary agricultural credit societies (PACSs) in India in 2025. We have provided the number of active PACSs in each state in India in the table below:

Frequently Asked Questions (FAQs)

Q: Who regulates Cooperative Banks in India?

A: Cooperative Banks in India are registered under the Cooperative Societies Act. Additionally, they are regulated by the RBI and governed by the Banking Regulations Act of 1949 and the Banking Laws (Cooperative Societies) Act of 1955. 

Q: How many cooperative banks are there in India today?

A: India currently has 33 state cooperative banks in addition to 328 district/central cooperative banks and 8,88,91 active primary agricultural credit societies.

Q: How can I check my cooperative bank balance?

A: To check your cooperative bank balance, account holders need to dial the respective cooperative bank’s toll-free number. This convenient service is usually available between 8 AM and 8 PM on working days. Upon calling, you will be prompted to select your preferred language and then follow the IVR instructions to speak with the customer service team. 

Q: Why Saraswat Cooperative Bank is considered the best cooperative bank in India?

A: Saraswat Cooperative Bank is considered the best cooperative bank in India due to the following reasons:

• The bank exceeded all expectations during the COVID-19 pandemic and achieved growth in all areas of banking
• Saraswat Cooperative Bank’s great customer service and openness have boosted its growth in the industry

Author: Abhik Das