Janata Sahakari Bank Ltd., Ajara was established on 2nd June 1963 by people Amrutrao Santojirao Desai(Kaka), Baliram Dattatray Desai, Dattajirao Govind Savant(Annaji), Vishwanath Dundappa Mahalank, Shankarrao Ramchandra Turambekar, Mallapa Bassapa Shengave, Gopalrao Abaji Injal, Keshav Ramchandra Samant, Vasantrao Abaji Desai, Keshav Bhikaji Topale, Balaku Rama Patil(Aba), Gundopant Bala Shimpi, Basvani Somling Dang, Gundu Lingu Patil, Pundalik Babali Nalawade are committed to social cause in Ajara. The Bank has always kept the goal of helping economically weaker section of the society and has carved a place as bank of masses and not only for classes and on the post of chairman Vishwanath Dundappa Mahalank has been selected.
On 5th April 1963 bank registered at Government Office and bank get Registration Number as Regi.No.K.P.R/B.N.K./302. The persons mentioned above are member of Founding Board take lots of efforts for foundation of bank and to help them Deputy Prime Minister of India Yashwantrao Chavan complete the the goal. This is the main reason Janata Bank been registered.
And from then our bank is making steady progress and the Customers, Employees and Well-wishers are integral part of this progress. Their involvement and contribution is immense. Today the bank has a wide network of 14 branches in three districts.
Bank Founder : Lt. Shri. Amrutrao Santojisao Desai.
Founder Chairman : Lt. Shri. Vishwanath Dundapp Mahalnk.
Founder Member :
| Baliram Dattatray Desai | Dattajirao Govind Savant(Annaji) |
| Vishwanath Dundappa Mahalank | Shankarrao Ramchandra Turambekar |
| Gopalrao Abaji Injal | Keshav Ramchandra Samant |
| Vasantrao Abaji Desai | Keshav Bhikaji Topale |
| Balaku Rama Patil(Aba) | Gundopant Bala Shimpi |
| Basvani Somling Dang | Gundu Lingu Patil |
| Pundalik Babali Nalawade |
Foundation Date : 2/6/1963
Registration Date : Regi.No.K.P.R/B.N.K./302 Date – 5/4/1963
Reserve Bank Licence : UBD/MH/451/P Date – 1/3/1986
Initial Position :
Councillor Number 450
Part Investment 21000
Deposit 65000
Loan 10000