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Email: info@gondalbank.com

About us

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  • The bank is registered  as a co-operative bank under Bombay Co-operative Act. In 1955 vide registration no. 1267 dt. 03-05-1955.
  • There after the bank had received the license from Reserve Bank of India in 2001 The license no. is UBD.AH.GUJ.0018 P dt. 23-02-2001.
  • The bank had opened two branches in New Sardar Market Yard and Derdi Kumbhaji in 1981.
  • In 2003 two more branches were opened in Rajkot and Jasdan.
  • In 2014 two more branches were opened at Gundala Road Gondal and Sanathli.
  • In 2016 one branch at Shapar-Veraval was opened .
  • Hence at present the bank has 8 branches in the district of Rajkot.
  • The bank has area of operation in eight districts of Rajkot, Jamnagar, Bhavnagar, Amreli, Junagadh, Porbandar, Morbi & Botad.
  • The bank has started by giving loans of Rs. 500 to the poor people, vegetable vendors and Rs. 2000 to the retail shop holders in Nani Bazar & Moti Bazar.
  • The bank had 55000 members as on date. The bank sanctions now maximum Rs. 100 lakhs per member.
  • The bank had given gift to its members once in two years and now the same had been given in the year 2021-22.
  • The bank has been governed by the Registrar of Co-operative Societies, Govt. of Gujrat and Reserve Bank of India.
  • As per RBI guidelines bank is Tier II bank and having deposits of Rs. 300 crores functioning in one district of Rajkot.
  • The bank is administered by the Board of  Directors and the names of present members of the board are listed in Board.
  • The bank has 60 members on Staff and out of which 14 are officers.
  • The bank is functioning with optimum level of staff strength.

The bank had as its Chairman

  1. Mr. D D Shukla
  2. Mr. MaheshbhaiShantilal Parekh
  3. Mr. JayantilalSavjibhiaDhol
  4. Mr. RameshbhaiLavjibhaiDhaduk
  5. Mr. GovindbhaiShivlal Desai
  6. Mr. Gordahnbhai Raghavbhai Raiyani
  7. Mr. YatishbhaiGovindbhai Desai
  8. Mrs. BhavikabenYatishbhai Desai.
  9. Administrator
  10. Mr. JayantibhaiSavjibhaiDhol
  11. Mr. Ashokbhai B Pipaliya

Mr. Jayantilal S Dhol has remained as the Chairman of the bank has contributed significantly in the progress of the bank.