PDCC Bank About Us

Pune Profile

Surrounded with hills and lakes, the picturesque city of Pune is the pride of west India. It is the cultural capital of the state of Maharashtra. The cultural and intellectual capacity of Pune has earned it the title of being the ‘Oxford of the East.’ Pune is 192 km from Mumbai & situated on Mumbai Banglore National Highway (NH-4).

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PDCC Profile

In furtherance to the development of the co-operative movement in the district, the need for establishment of separate machinery for the distribution of finance in the rural areas was felt vigorously & hence the district central co-op,banks came into existence as a Central Finance Agency to meet the financial requirement of the various co-operative in the district. The co-operative societies act gave birth to many co-operative institutions ,hence the Pune District Central Co-operative Bank came into existence on 4th SEPT.1917 with the vigorous efforts taken by late Shri.N.C.Kelkar. Now the bank is having its registered office at 4 B, B. J. Road, Pune 411 001. The Bank is also having Banking License No. RPCD Bombay 62 C, Dated 16/3/1995 from Reserve Bank of India to transact Banking business.

The bank has rich history in as much as its first Chairman Late Shri.N.C.Kelkar a renowned literature and social worker. Able leadership was subsequently provided by eminent personalities like Late Dr.D.R.Gadgil, the father of co-operative movement in India, Shri. L.B.Bhopatkar leading lawyers of Pune and Prof.V.G.Kale economist. Now the Bank is running under the dynamic leadership of Deputy Chief Minister Shri. Ajit Anantrao Pawar and speaker Maharashtra Legislative Assembly Shri. Dilip Dattatraya Walse-Patil, who has taken drastic decision of implementation of Core Banking System in the Pune District Central Co-op. Bank to compete in the changing business scenario.

In the beginning i.e. in 1917 there were only two employees in the banks one was manager and another was clerk. The first manager of the banks was Shri.L.K.Bhagwat. The total no. of members were 137 out of which 55 were co-op.societies & 82 were individuals members. The bank started its functioning with the working capital of Rs.51,000/-.

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Terms And Conditions

  • The aggregate of all withdrawals and transfers in a day should not exceed Rs. 10,000/- .
  • All banking transactions are chargeable at normal charges as published from time-to-time.
  • Any government charges, duties or taxes devolving from the provision of any of the facilities shall, if imposed upon the Bank (either directly or indirectly), be debited from the customer's account.


So instead of keeping that gold jewellery, coins, bars or biscuits lying ideal in your locker, you sure could use them to meet those cash contingencies.

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