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 31/03/2026
Branch Name Advances
Main Br 367756624.79
Camp 149626089.89
Sangameshwar 176012646.84
Old Agra Road 139305846.76
Chalisgaon Fatta 49455548.76
Satana Road 342478474.95
Vardhaman Nagar 240167906.76
Ravalgaon 45578365.34
Total 1510381504.09