About Sharada Bank:
“Shree Sharada Sahakari Bank Ltd.” was established on 9th February, 1978 by people committed to social cause, inspiring & willing to have one bank, which will help common man in their needs by saving money for their future needs.
The bank commenced its business with main branch at 692/A/2A, Saluja Chambers, Pune - Satara Road, Pune -411037 on 20th Aug,1978. The main branch was Inaugurated at the hands of Prof. Shivajirao Bhosale.
The bank has recently completed glorious 44 years of service successfully due to its adherence to prudent banking practices, technology advancement, customized products and value added services for customers and most of all due its experienced, qualified and professional Board of Directors.
We started our career with one thousand members who had made a contribution of Rs. 3 lac in monetary value but who were inspired to put in the hardest efforts to put life in and shape the institution.
The bank has evolved broad-based patterns of loan-distribution. The deposits have come from members of different strata of society.
The bank works on the principle of scientific redistribution and transfer of the capital from those having surplus to those who suffer from its inadequacy. Such a transfer is required for the progress of industries, professionals, trade and achievement of social justice by helping the lowest strata of the society called economically weaker section to come up.