About Shree Bharat Co-Operative Bank LTD in “Sahakar Sadhana” Nr, Wadi Tower, Wadi, Vadodara., Vadodara

How Shree Bharat Co-Operative Bank Ltd came in existence?

In olden days there was a Bharat Vyam Mandir (Gymnasium) at wadi dalia-wadi ,as the days past the strength of people coming to Vyam mandir was increasing day by day. As it was a Vyam mandir it consisted a Temple of Lord Hanuman, for worshiping the lord they needed oil, Sindur, service, lights, etc but every time there was more expense than income. So at that time meetings was arranged for all people coming to vyam mandir and were explained to save Rs 1 and from the interest received on the deposited amount will be undertaken for the welfare and development of Vyam Mandir. In this manner thirteen people came together, all of them were worked at Yamuna Mill and from these “SHREE BHARAT YUVAK MANDAL”came into existence in year 1942.

At the end of five years Shree Bharat Yuvak Mandal had balance of Rs.1200.00. After which members called a meeting where they thought of making these unregistered trust to be made registered.

Shree Kevdabaugh Navapura Shakari Mandli’s president Shree Narayan Yashvantrai Raut and Alibhai helped a lot on behalf of Shree Raut Society for explaining the rules and regulation from 10:00 PM till 7:00 am in morning. After which the procedure of making the society register was undertaken and by these way Shree Bharat Vyam Mandal became Shree Bharat Yuvak Mandal and at last “SHRREE BHARAT CO-OPERATIVE CREDIT SOCIETY LIMITED VADODARA” came into existence.

Then after people joined Shree Bharat Credit Society and got services of low rate of interest on loan. India got independence in August 1947 and exactly after fifty days of independence on 04th October 1947 “SHRREE BHARAT CO-OPERATIVE CREDIT SOCIETY LIMITED VADODARA” opened an office for caring out the work; and after years from Credit Society it became “SHREE BHARAT CO-OPERATIVE BANK LIMITED VADODARA”. Bank now has completed 67 years of success.


Shree Bharat Co-Operative Bank Limited, Vadodara has banking license of Reserve Bank of India, Ahmedabad (license no: UBD/GJU0035P) dtd 18-5-2009. Bank is registered under Gujarat State Co-Operative Credit Societies Act, 1961 (Registration No. is 17379), with an ISO Certificate of Quality Management System (Certificate No: GUJ/Q-1846). Bank currently has more than Rs. 100 crore of deposit. Registered head office of bank is at “Shakar Sadhna” Near Wadi Tower, Wadi, Vadodara.