Our Bank
Initially Kumbhi Kasari Sahakari Bank had beed started on the background of Kumbhi Kasari Sahakari Sugar Factory. Now Bank has Six branches and one Head Office. The Bank had obtained permission from Reserve Bank of India on 27/10/1998.
At this stage Bank has 12,106 shareholders and 7 Crores 60 Lakhs own fund.
Expansion Of Branches
With a view of expansion and to provide service locally to the farmers, the Bank Management started branch at Kasaba Beed on 01/05/1999 and afterwards at Kale on 01/10/1999. For convenience to shareholders Bank has opened, Rankalwesh Kolhapur branch on 02/04/2001, Shahupuri Kolhapur Branch has opened on 16/11/2009 and Kotoli Branch on 23/03/2015, except Kotoli branch, all branches have own building.
Financial Position
As on Date 31/03/2020
| Share capital | 2 .72 Crores |
| Funds | 9.02 Crores |
| Deposits | 84.89 Crores |
| Loans | 52.90 Crores |
| Investments | 40.46 Crores |
| Woring Capital | 101.16 Crores |
| Gross Profit | 1.86 Crores |