ABOUT BANK
We have established a strong foundation rooted in robust business principles. Over time, we have continuously expanded our range of social services across our operational areas, driven by a commitment to integrity and the unwavering dedication of our team.
Bank History
Progressive Mercantile Co-Operative Bank Ltd had a modest beginning on 1971. It commenced its banking operations under the visionary leadership of cloth merchants. In order to meet the growing banking needs, two professional directors were appointed, setting a benchmark for transparency, trust, and innovation.
With a strong foundation built on traditional values, the bank has consistently focused on supporting small businesses and entrepreneurs. The Board of Directors, driven by deep-rooted values, vision, optimism, and entrepreneurial spirit, have set an exemplary standard of service and duty. Their dynamism, coupled with the unwavering loyalty of our clients and the dedication of our staff, has been instrumental in shaping the strong foundation of Progressive Mercantile Co-Operative Bank Ltd.
Today, the bank stands as one of the leading non-scheduled co-operative banks in Ahmedabad District. By embracing modern technologies and advanced banking tools, we have enhanced the value of our services, ensuring a seamless banking experience for our customers. Known for our rich heritage, integrity, and adherence to sound banking practices, we continue to offer customized financial products and services that cater to the evolving needs of our clients.
Our success is a testament to the tireless efforts and contributions of our staff, which have played a vital role in the bank’s remarkable growth. We remain committed to providing banking services that are fast, convenient, and customer-centric.
Services Offered:
- The bank has successfully implemented Core Banking Solution (CBS), enabling any branch banking services for our customers. Through CBS, customers can conduct transactions such as cash withdrawals, fund transfers, clearing services, and remittances at any branch of the bank.
- We have adopted several RBI-endorsed schemes like RTGS, ECS, NEFT, and T.S. clearing services, ensuring that our customers can access efficient and secure banking services.
- Mobile Banking Services to our customers.