DNSBANK

About Us

History

Way back in 60’s Few enthusiastic persons gathered together with a common goal to make available the banking facility to the commonest of the common man. They had an aim that any person in genuine financial difficulty or in need of finance to fulfill his dreams whether personal or professional should have an institutional support and he should not be a prey of traditional moneylenders. The dream of these persons came into existence by bearing a name i.e. Dombivli Nagari Sahakari Bank Ltd. on 6th September, 1970.

Since then the bank has grown by leaps and bound. With a modest beginning in a small 500 sq.ft. of main branch cum central office, having deposit base of and total advances of in June 1971, it has now reached a business mix of Rs. 4076 crores contributed by deposit of Rs. 2437 crores and Rs. 1639 crores of advances with 37 branches spread across 11 districts of Maharashtra.

Milestones

Scheduled status in 1996.

Rs. 100 crores deposit in financial year 1994 to 1995.

Rs. 500 crores deposit in financial year 2002 to 2003.

Crossed Thane Dist. Border by opening Fort and Pune Branches in 2002-03.

Core Banking Services From Year 2006.

Merging of Shivneri Sahakari Bank With DNS Bank’s On 13 October 2007 and Suvarana Mangal Mahila Sahakari Bank on 3rd January 2010.

Crossed the milestones Rs. 4000 crores Busines Mix in March 2013.

Key Financial Indicators

Since inception Audit class ‘A’.

Maximum permissible dividend paid every year.

Net NPA 0%

CRAR at 14.12%

USP

Business philosophy

We aim at: Evolving ourselves into a strong and sound competitive financial system, providing integrated services to customers from all segments, leverage on technology and human resources, adopt best accounting and ethical practices and fulfill corporate and social responsibilities towards all stakeholders, visualize aspiring benchmarks / goals and attain them efficiently and effectively.

Technology

Consumer banking brings a welcome change in a common person's life. It is not only the name for giving services to elite and privileged class of the society but is also to facilitate the common people, which normally represent a big proportion of the society. It is not possible for Banks to offer better services to this big proportion of the society without the help of Technology.

Mobile & SMS Banking

DNS Bank Ltd. in an attempt to fulfill the ever rising needs of banks customers has launched SMS banking facility.SMS Banking brings Banking to your fingertips. With SMS, you can perform a wide range of query based transactions from your mobile phone. Also get alerts for transaction in account, Deposit Maturity and EMI Due's.

DNS is 1st Co-op. Bank to launch Mobile Banking Services in India. The Bank's customers can send and receive funds on any day and any time as per their convenience by using their mobile phones.

ATM Shared Network

DNS Bank is amongst the 1st five Co-op. Banks to join NFS ATM Shared Network. The customers now have access to 1,00,000 + ATMs across most of the bank's operating in India.

 

Debit Card

Our DNS Bank offers RuPay Debit Card and the Card would be accepted on over one lakh ATMs of NFS Members Banks in the Country and would be accepted on Point of Sale (POS) and Internet. The Bank also able to provide customers anytime, anywhere, payment systems services which are simple, easy to use, safe, secure, fast and also cost effective version with introduction of Rupay Debit Card.

 

 

RTGS & NEFT

Since 2004, when RBI introduced RTGS, DNS is providing this electronic funds transfer facility. Using which customer can transfer funds to any other person's bank account within few hours in India. The NEFT facility which is similar to RTGS is also provided by the bank from the year 2007.

E-Lobby

The bank has setup 1st E-Lobby at Main Branch, Dombivli. The Lobby has facilities for customers to deposit cheques, cash, print passbook, withdraw cash, 24 hours and 365 days. Any branch's customer can access the E-Lobby for their requirements.

Social Commitment

While carrying out conventional banking bank has not lost sight of its Social responsibilities. An amount of over Rs 28 Lacs has been granted as subsidy to 101 Social, and Educational institutes working in rural areas. Bank also helps students in remote areas of Talasari, Shahapur, Nashik, Karjat and Khopoli Blocks by providing collection of 'expected questions' and 'ideal answer sheets' on all subjects.

The Bank has continued its efforts in micro financing through self help groups. In Shahapur alone bank had disbursed a loan of over Rs 1.5 crores to such SHGs. The purpose includes Poultry, Dairy, goat rearing, purchase of Fertilizers etc. I am happy to report that the repayment has been satisfactory. Bank receives help in this behalf from Utkarsh Navinyapurna Shakari Sanstha promoted by Sahakar Bharati.

Sahakar Bharati : is working in Co-operative sector on national level. Shri. Vasantrao Deodhar of this organization was awarded 'SAHAKAR MITRA'. Mr. Sanjeev Vibhute actively working in field of child education, eradication of superstition from society, helping people to overcome vices, was awarded 'SAMAJ MITRA'.

In addition to above bank also helps Sports and cultural activities. Accordingly the eight sport persons who achieved medals in Commonwealth Games were honored by the bank. Ms. Suma Shirur (Panvel), Madhurika Patkar and Mamata Prabhu (Thane), Anisa Saiyad (Pune), Rachi Sarnobat and Tejasvini Sawant (Kolhapur). Kavita Raut (Nasik) and Narsing Yadav (Mumbai) were honored by the bank duly visiting their homes. The sport persons appreciated the initiatives taken the bank.

Green Project

Our Bank is thinking positively to participate in social aforestation project. This project will be implemented in the area of Mamnoli, Murbad which is about 100 kms from Mumbai with the co-operation of Paryavaran Dakshata Manch.

Financial Inclusion

The Bank has continued its efforts in micro financing through self help groups. In Shahapur alone bank had disbursed a loan of over Rs 1.5 crores to such SHGs. The purpose includes Poultry, Dairy, goat rearing, purchase of Fertilizers etc.

Chairperson

Mr. Uday Madhusudan Karve (C.A., L.L.B. (General))

Vice Chairman

Mr. Jayant Balkrishna Pitre (C.A., DISA)

Directors

Mr. Achyut Madhusudan Karhadkar (B.Com)

Mrs. Nandini Shashikant Kulkarni (B.Com., L.L.B., C.A.I.I.B)

Mr. Ganesh Harihar Nayak (B. Sc.)

Mr. Shivaji Sudam Patil (I.T.I.)

Mr. Milind Madhav Koparkar (DME, DEE)

Mr. Sudhakar Dattatraya Patkar

Mr. Prabhakar Ramchandra Wani (B.Com, L.L.B.)

Mr. Deepak Vasant Namjoshi (M.Com)

Mr. Namdeo Dattatraya Khandare (Instrument Mechanic)

Mrs. Vaishali Vasant Joshi (B.A)

Mr. Satish Dattatraya Oak (B.Arch)

Dr. Lahanu Rupaji Kondhari (M.B.B.S)

Mr. Purushottam Bhumayya Kunden (B.Com)

Co- Opted Directors

Mr. Suhas Raghavendra Kulkarni (B. Sc., MBA)

Mr. Mahesh Sidhnath Phanse (B.E. M.A.)

CEO and General Manager

Mr. Gopal Giridhar Paranjpe (M.A (Eco), LLB, JAIIB)