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PCM Bank

Vision and Mission

   “To emerge as a strong, vibrant, most preferred premier co operative bank, committed to excellence in serving the customers, and augmenting the stakeholders value through concern, care and competence”.

Profile

  • Punjab & Maharashtra Co-operative Bank is a Multi-State Scheduled Urban Co-operative Bank with its area of operation in the States of Maharashtra, Delhi, Karnataka, Goa.
  • The humble beginning of the Bank was done in a small room at Sion, on February 13, 1984, as a single branch Bank. In a span of 33 years.

Milestones

  • The Bank was conferred with Scheduled Status by the Reserve Bank of India in the year 2000.It is the Youngest Bank to achieve the ‘Scheduled Bank’ status.
  • The Multi-State Status was conferred on the Bank by the Central Registrar in the year 2004.The Bank thus entered into the National platform.
  • The Bank was given the Authorised Dealer Category I License by the Reserve Bank of India for Forex business in the year 2011.

Awards and Achievements

  • The Bank has various laurels to its credit.
  • All India Bank Depositors’ Association, the well-known body of the bank depositors, felicitated the Bank in appreciation of “work ethics oriented to depositors’ service” in 1999.  
  • The Bank received a ‘Special Jury Award’ from NPCI for the lowest dispute ratio in the Co-operative Banking sector and also for the lowest unscheduled down time in 2012.
  • Since 2004, Tele-bankingthe Bank has instituted an award in the memory of the late M.R. Pai, noted public worker and consumer activist.

Special mention

    The Bank has a number of firsts to its credit and takes pride in having a number of unique features:

  • 12 hours uninterrupted service from 8 am to 8 pm in most of its branches.
  • 360 days banking.
  • Token less banking.
  • Set up of self-service counters for custom Telebanking services.
  • Introduction of special products like “Double Decker” and “Bal Bhavishya Yojana".
  • The Bank was the pioneer to mention names of payee/ Drawer in the passbook / statement of accounts to facilitate easy identification of every entry / transaction.
  • The Bank launched Website, Face Book page & Twitter handle in the year 2011/12 to be noted on International platform.
  • With 70% Women employees, the Bank believes in women empowerment. The Bank charges 1% less ROI for education loan to girls/women. It has special saving account.

Contact Details:

  • Address: Hinjewadi Rd, Hinjewadi Village, Pimpri - Chinchwad, Pune - 411057
  • Branch: Hinjewadi - Maharashtra
  • Phone: 020 6531 0666
  • IFSC Code: ‎PMCB0000246
  • MICR Code: 411328006
  • Website: www.pmcbank.com

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