History

The Pali Central Cooperative Bank Ltd. Pali Was Established in The Year 1956 and started functioning from 30th August, 1956.

After Independence, It was felt very important  to raise the level of people financially. And for that cooperative banks have very important role to play.

But that time due to absence Of separate cooperative banks for Pali and Sirohi district, The Cooperative Societies and farmers had faced lot of problems in operating through The Jodhpur Central Cooperative Bank Ltd. To solve their problem and with continuous efforts of then to district collector of Pali Shri K. P. U. Menon to strength the cooperative movement, The Pali Central Cooperative Bank Ltd was established.

Bank was inaugurated By Then Cooperative Minister of Government of Rajasthan Shri. Amrit Lal Yadav On 30th October 1956.

The Main branch and head office of the bank was situated in cloth market (Laxmi Market ) Pali. First branch of bank was opened In Falna  and today our bank 28 branches and 219 PACS spread thought out The Pali District.

We are a RBI Licensed  Bank, RBI- License No. RPCD. (JPR) Coop. 12 dated June 7, 2012 to do Commercial Banking Business In India.

The bank provides loans to the farming community in the district for agricultural production for mainly rabi & kharif crops, credit for minor irrigation, farm mechanization, dairy, poultry etc. apart from rural development, bank provides financial assistance for SHGs, KMY, KKY, JLGs and other government sponsored schemes. The bank provides short term (ST) and medium term (MT) loans to farmers of pali district to help them in a big way.

Bank have introduced personal loans to employee’s for their consumption purpose, house mortgage loan vehicle to improve the business in the Pali district.

The bank provides banking services to semi urban and rural population through it’s attractive deposit schemes and providing other core banking services like, RTGS, NEFT, SMS alerts, rupay debit cards (ATM cards) direct benefit transfer from government agencies, to its customers and safe deposit lockers, cash credits, insurance facilities which is newly introduced by government of india recently PMJDY,  PMSBY etc.

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