History

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With the modest beginning in 1972 in the co-operative field, the dynamism infused by the Board of Directors, unflinching loyalties of the clientele and devotion of the staff have propelled the sound foundation of The TJSB Sahakari Bank Ltd (TJSB) and has emerged as one of the leading multi state scheduled co-operative Bank in the country.

TJSB presently is catering to the needs of society through a close network of 124 Branches spread all over the cities of Maharashtra, Goa, Gujarat & Karnataka. All these Branches have made remarkable progress on all fronts in all these years.

TJSB believes that "customer delight" is the ultimate goal and has a strong belief that Customers & all Stakeholders wholehearted support, absolute faith and their patronage has largely been responsible for its enviable growth. TJSB is committed to provide banking with speed, comfort and convenience.

TJSB feels proud to acknowledge the growth of a large number of successful industrialists, traders and professionals who have grown leaps & bound due to timely assistance and support of the Bank.

TJSB has set before a Visionary Growth Plan focuses all business strategies solely on the creation of Stakeholders value.

Technology Initiatives

TJSB , a Techno-savvy Bank has implemented successfully the Core Banking Solution (CBS). This has helped the Bank to migrate the Branches from being the processing centers for marketing customer centric outfits. It will also extend the Banks reach to its customers by multiple delivery channels such as ATM, Internet, Mobile, etc. This has brought the Bank on par with the leading Banks. The bank has a network of 117 ATM locations across Maharashtra, Goa, Gujarat & Karnataka.

TJSB is the first Bank in Co-operative sector to install Cheque Depository Machines at branches,
which are operational 24 X 7.

TJSB has put in place Real Time Gross Settlement System (RTGS) transactions. With Core Banking Solution in place the Bank is Providing RTGS facility to all its customers.

TJSB has initiated process for strategic alliance with other Banks for the usage of their delivery channels by which nearly 89000 ATMs will be available to Banks customers across the country.

TJSB is first Bank In the country to introduce Automated Cheque Issuance Machine which enable Customers to take Personalized Cheque Book 24 X 7

Business Process Re-engineering

With the successful implementation of Core Banking Solution TJSB has initiated Business Process Re-engineering by establishing :

Specialized Credit Cell

Specialized Retail Banking Cell

Centralized Monitoring Cell

Centralized Back office Processing Cell

Bancassurance

TJSB Sahakari Bank Ltd
Max Life Insurance, the leading non-bank promoted private life insurers, is a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max Financial Services Ltd. is part of the Max Group, which is a leading Indian multi-business corporation, while Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group, which is amongst the leading insurers in the world. Max Life Insurance offers comprehensive long term savings, protection and retirement solutions through its high quality agency distribution and multi-channel distribution partners. A financially stable company with a strong track record over the last 15 years, Max Life Insurance offers superior investment expertise.

TJSB Sahakari Bank Ltd. is a Corporate Agent of Max Life Insurance Company Ltd. IRDAI Certificate Registration No. CA0097.For all your Life Insurance related queries, please contact our nearest Branch .For more details, kindly visit www.maxlifeinsurance.com
 

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS IRDAI clarifies to public that
* IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
* IRDAI does not announce any bonus.
* Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number
"Insurance is the subject matter of solicitation"

Business Expansion Plans

TJSB has recognized the need for expansion in business, so to step forward we will be opening 30 odd branches in FY 2016-17. Our presence would be extended in the state of Madhya Pradesh.

Special Mention

One of the very few co-operative banks to get AD1 license to deal in Foreign exchange

The Indian Bank Association (IBA) have accolade TJSB with TECHNOLOGY BANK OF THE YEAR award in the Co-operative Banks category for FY 2009

TJSB has been awarded 1 st Prize for the Best Co-Operative Bank in Maharashtra by “Maharashtra State Urban Bank’s Federation Ltd.” for the F.Y.2004-2005.

TJSB has been awarded 1st Prize as “Padmabhushan Vasantdada Patil Utkarsha Nagri Sahakari Bank” for the F.Y.2003-2004 from Kokan Region for the second time consecutively.

TJSB was recognized amongst top 5 Co-Operative banks in the country, during centenary celebration of Co-Operative movement by Kalupur Commercial Co-Operative Bank Ltd.

With its distinctive culture, as the most trusted bank,
TJSB has become the Most Preferred Bank too.

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