Chopda Peoples Co Operative Bank IFSC Code and MICR Code

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About Chopda Peoples Co Operative Bank

The Chopda Peoples Co-operative Bank Limited has opened in the year 1935 at Chopda in Jalgaon district Maharashtra. It was the first co-operative bank of Chopda city. The businessmen of the city established this city's first co-operative bank. Shree Govardhandas Bhikaridas Gujarathi and Shri Maganlal Nageendas Gujarathi was the two founders of this bank. At first, it was Chopda People's Urban Co-operative Credit Society Limited, later with everyone's effort it became a co-operative bank in the year 1940. In its journey of 75 years, from a two room's office, the bank progressed to 7400 sq.ft big head office. At present, the bank has 3964 shareholders with a share capital of Rs 93,69,000. The bank has a deposit of Rs 68.69 Cr and a loan of Rs 42.85 Cr.