Adarsh Co-operative Bank was incorporated in September 1972 in, the name of Sirohi District Commercial
Co-operative bank with its registered office in Sirohi, Rajasthan. Bank's operation's commenced in October 1972, with 52 members and an
initial capital of Rs. 51,700/-.
Since we spend a lot of time to expand our network and reach, to serve both rural and urban areas.
The extension of the operations beyond the boundaries of Sirohi, led to the change in name to Madhav Nagrik Sahakari Bank Ltd. on
27 July 1998.
At the end of financial year 08, we had achieved share capital worth Rs 4429.83 Lacs, Reserve Funds
Rs 1254.92 Lacs and a noteworthy membership figure of 46290. We paid 20% dividend to our members in the year ending 2009-2010.
In 2009, we attained the status of a Multistate bank, a proud achievement, followed by the merger
of Shri Deesa Nagrik Sahakari Bank Ltd. of Deesa, Gujarat and Surendranagar Merchentile Co-operative Bank of Surendranagar district in
Gujarat. We have gained significant presence in states of Rajasthan and Gujarat with a network of 46 branches in Jalore, Pali, Sirohi,
Udaipur, Jaipur, Ajmer, Surat, Ahmedabad, Palanpur, Deesa, Bhiladi, Dhanera respectively.
At present, we are celebrating 40th year of incredible and glorious service, dedication and undivided
cooperation. We are proud of being a leading, progressive bank where level of customer services also grows in multiples, which is
also at the heart of our success.