The Bank was established on 09 th APRIL 1995. The Bank Operates through it’s NINE Branches, a state of Art Training Centre, A Modern Data Centre, and Head Office. All the Offices are air conditioned, well equipped, fully computerized and interconnected. Siddheshwat urban bank is one of the best bank in Marathwada to opt core banking pattern for its working. The bank is in the process of establishing DEBIT CREDIT CARD FACILITY AND LATEST OPTION OF NET BANKING all over the city to cater banking services to its customer round the clock.
The concept of Siddheshwar Urban Bank was originated by Late MANIKRAO DADA PALODKAR & the bank came into being under the dynamic leadership of Shri. PRABHAKAR MANIKRAO PALODKAR, . The first branch of the Bank was opened on 09 th APRIL 1995. At present the bank has its area of operations in Aurangabad, Jalna & Ahemadnagar DISTRICT. The bank is also planning to tie up with state and national players to expand its network.
1. Paid-up capital is RS 338.12 Lakh
2. Reserve & Other Fund is RS 1375.79 Lakh
3. Deposits is RS 10178.89 Lakh
4. Loans & Advances is RS 5825.63 Lakh
5. Networth is RS 1606.04 Lakh
6. Buisness is RS 16004.52 Lakh
7. Net Profit is RS 190.62 Lakh
8. CRAR is 23.50%
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