Welcome to Janata Sahakari Bank Ltd. Amravati

The Bank now has a Pan India presence with a branch network of 5 branches spread across Amravati District.i like to give msg also for nature "एक पाउल, निसर्गाकडे." To serve the customers better & enhance the customer service the Bank has taken up a Business Transformation Programme. Under this initiative the Bank would be introducing value added products to meet the needs of different segments of customers. Recently we have introduced “Royal Savings account” which has many value added features as compared to normal savings account. To offer our customers an array of financial products under one roof, the Bank has a tied up with LIC & United India for distributing Life insurance & Max- Life Insurance respectively. The Bank has an arrangement to sell the Mutual Fund products through its branches. The Bank is a designated bank for payment of Registration fees & stamp duty in Maharashtra.

In my letter last year, I described our mission to transform Janta Sahakari Bank into a contemporary Bank that uniquely combines the trust of public sector banks with the innovation, agility and performance of the leading private sector banks. Unlike air travel or power generation, banking cannot be left purely to market forces and private sector players. India needs well-run, profitable public sector banks because these institutions serve as the vehicles for inclusive economic development. The biggest challenge for most public sector banks, including ours, is maintaining a high degree of competitiveness and differentiation given the evolving banking scenario. This is a more fundamental challenge than the issue of stressed assets that has dominated the discourse. The challenge is to reverse the erosion of market share and our best customers to private sector competitors. Banks need to fundamentally make a significant shift in behaviors and practices that have created the current situation of stressed assets plaguing the sector.

Already challenger banks are nudging at the foundations of the status quo. In developing countries, an ecosystem of innovators, banks and mobile carriers is turning accepted business and technology wisdom on its head to fuel business and consumer growth. For this – and many other reasons - I’m very excited and proud to lead this bank; prouder still to be working with such a talented group of people. Sought out by our clients, respected by our competitors, Janata Sahakari Bank Ltd Amravati, is better placed than ever to shape the future of finance. Janata Sahakari Bank Savings Accounts provide attractive value such as cash back option and personalised account number. Additionally, Janata Sahakari Bank PayLess secured credit card is a credit builder card. The Bank is active in the online and digital banking space with Janata Sahakari Bank on the Go instant mobile banking, SMS banking, telephone banking.