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Buldana Urban Co-operative Credit Society Ltd. was established in 1986 by Shri Radheshyamji Devkisanji Chandak with the vision of restoring people’s faith in the co-operative movement. At a time when co-operation was viewed with skepticism, Buldana Urban became a pioneering institution that empowered common people through microfinance, innovative banking solutions, and socio-economic initiatives. By supporting farmers with secured finance, storage, and distribution solutions, it provided economic stability and uplifted countless lives. Over the years, it has grown into India’s largest co-operative credit society, known for its reliability, professionalism, and commitment to social welfare.
Under the leadership of Dr. Sukesh Zamwar, Chairman of Buldana Urban Co-op. Credit Society, the institution has achieved remarkable milestones. Inspired by the founder Shri Radheshyamji Chandak, Dr. Zamwar combined his medical background and global exposure with a passion for social development to bring innovation into co-operative banking. His efforts in technological upgradation, strategic reforms, and expansion elevated Buldana Urban to international recognition. Within twelve years, he transformed the society into a $3.0 billion USD business entity with 1.7 million members and over 470 branches. His leadership secured prestigious awards such as the CUMI Award in the Asia-Pacific region, NCUI national awards, and global recognition for financial innovation and cooperative excellence.
Today, Buldana Urban stands as an epitome of trust and progress in the co-operative sector. With deposits exceeding 1.8 billion USD and lending of 1.3 billion USD, it caters to diverse financial needs through products like gold loans, warehouse loans, farmers’ loans, and other credit facilities. Its loan recovery rate of 97–98% reflects the society’s strong foundation and member trust. The organization operates with a network of nearly 7,000 employees and continues to expand across Maharashtra and neighboring states, while upholding its mission of blending traditional values with modern professionalism. With a human touch at its core, Buldana Urban remains dedicated to prosperity, co-operation, and the overall welfare of society.
Buldana Urban has built 5 guest houses at religious places. Almost 700 people can be accommodated at these places. We provide a booking facility at the branch level. Almost 2 Lack member's have benefitted from it. We are also opening a Vedic school to promote Vedas.
Buldana Urban has excavated a dam to solve the water and city and nearby villages at Yelgaon.
Normal cooperative stands on depositors' money but Buldana Urban has evolved its four-pillar system based on the principle that “ALL THE MONEY IN WORLD GOES TO BANK”
The principle behind social banking is “PEOPLE’S MONEY SHOULD BE UTILISED FOR WELL BEING OF PEOPLE”
The principle behind social banking is “PEOPLE’S MONEY SHOULD BE UTILISED FOR WELL BEING OF PEOPLE”
Buldana Urban's own e-commerce network
Buldana Urban has started Net Banking facility for customers to do transactions smoothly. Following facilities are provided under Net Banking by Buldana Urban.
Buldana Urban having 380+ online branches in major cities as well as in rural areas across four states through these branches Buldana Urban provides NEFT /RTGS facility to the customers. National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) allow individuals, companies and firms to transfer funds from one bank to another. These facilities can only be used for transferring money within the country. To opt for these, you need to fill a form providing your or the beneficiary’s details — name, bank branch where the account is held, the Indian Financial System Code, a unique code for identifying the branch, and the account number and type. You have to submit a cheque while opting for this facility.
Buldana Urban distributed approximate 1100 Rs Corers as a gold loan. So to check the gold purity Buldana Urban using most advanced gold checking machines. The machine provides current information of gold items including other metals used in gold item. In the past decade, Gold has plunged year by year to new Highs due to its ease of liquidity and globally acclaimed as safest investment mode. As gold Prices have been raising, there is increased demand in need of analyzing the purity of Gold in any given sample. Both for the Jewelers and the Customers, Gold purity is a serious factor.
Buldana Urban having 150+ branches in rural areas to provide banking facility for poor peoples and farmers. No other institution has such a vast network of branches in rural area. Through these branches Buldana Urban provides various loans for farmers and small businesses.
Our mission is to bridge the gap between traditional banking and modern technology and seamless financial services.
Location:
Sahakar Setu, Hutatma Gore Path,Buldana-443001
Email:
itbucs@rediffmail.com
Phone:
07262-242705
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