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History

The genesis of our Bank was in the form of a Credit Society, which was formed on 26.04.1916 as Mangalorean Catholic Credit Society Ltd., and had a very humble beginning. On 15.06.1998, it was converted into a Bank and rechristened as Model Co-operative Bank Ltd, with a licence issued by RBI to do banking business.

Registered Office

14-B, Vatsa House, Janmabhoomi Marg, Fort, Mumbai - 400 023 .

Administrative Office

501,Central Plaza,166 CST Road, Kalina, Santacruz (East), Mumbai 400 098

Jurisdiction

Greater Mumbai , Thane, Raigad & Palghar Districts.

Registration No

1107 dated 26-04-1916, registered under Section 9 of the Co-operative Societies Act of 1912 as Mangalorean Catholic Co-operative Credit Society Ltd. The name of the society was changed to “The Mangalorean Catholic Co-operative Bank Ltd.”, on 02-09-1998 and as “Model Co-operative Bank Ltd.,” on 14-12-1998.

RBI Approval / License:

Included in the list of Primary Co-operative Banks under the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) on 15-06-1998.

License No. UBD.MUM(MAH)0034/P 2006-07 dated 28-05-2007.