Khambhat Nagarik Co Operative Bank IFSC Code and MICR Code

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About Khambhat Nagarik Co Operative Bank

The initiative of the Khambhat Nagarik Sahakari Bank Limited has started its journey with a goal to provide economic and financial development to the people living in Khambhat. The bank started its journey on the auspicious occasion of Dussehra of 1971, dated on 29th of September. The functioning of the bank, however, started slowly but steadily. Eventually, the shareholders got influenced by the success of the bank and started contributing to bank shares. While starting with a small amount of only Rs. 53000, the bank now has held a total share of more than Rs. 51,71,100. Although the initial years of the bank have experienced losses, the bank started running on huge profit after that.