Kanhur Pathar

About Us

The people’s own credit society, since 1984

Our story

From a single desk to 17 branches

Kanhur Pathar is a village in Parner taluka of Ahilyanagar district – a taluka long known for drought. With little work available, most people had moved to cities like Pune and Mumbai for jobs or business. Farmers had no one to turn to for credit and were forced to depend on private moneylenders, who had become widespread.

It was in these circumstances, in 1984, that Kanhur Pathar Patsanstha was founded – so that farmers and working families could have financial services of their own. Work began at a single desk in a very small room. With the help of the board of directors of the time and well-wishers in the village, the society quickly raised ₹14 lakh in deposits and earned the trust of its members.

01

Guided by one aim – meeting customers’ needs and growing with its members – the society worked tirelessly. Its area of operation soon reached beyond Ahilyanagar district to the whole of Maharashtra. Setting new deposit records every year, it became a model for other credit societies in the district and was honoured with many state-level awards.

02

In 2010 the society became a multi-state credit society, with Maharashtra and Rajasthan as its area of operation – taking it to the national stage. Today it has 17 branches across urban and rural areas, 12 of them in its own buildings. Every transaction runs online: the society has its own data centre and has adopted a core banking system, making fast, prompt service easy for every member.

03

Excellent management and disciplined governance have earned the society a reputation for financial discipline in the taluka. Thanks to sound financial planning, it stood firm through demonetisation and the COVID period. The head-office building, first built in 2000, has been renovated with modern facilities using a building fund set aside from each year’s profits, and today stands as a landmark corporate building in the taluka. The society has consistently received Audit Class ‘A’ and pays its members a 12% dividend every year.

Our Mission

To meet our customers’ needs and drive the all-round financial progress of our members by giving farmers, working families and every member safe, prompt financial services of their own.

Our Vision

To become the most trusted financial institution, rooted in cooperative values, giving every family financial stability.

Kanhur Pathar

Our Values

01

Trust

Members’ trust is our real wealth.

02

Transparency

Clear terms, open governance.

03

Service

Caring, prompt service.

04

Cooperation

Everyone’s growth through everyone’s participation.

1984 – Today

Our Journey

  1. 1984

    Society founded

    Work began on 24 May 1984 at a single desk in a small room; ₹14 lakh in deposits within a short time.

  2. 2000

    Head-office building

    The society’s own head-office building rises at Kanhur Pathar.

  3. 2010

    Multi-state status

    Registered as a multi-state society on 10 Sep 2010 (MSCS/CR/364/2010); area of operation Maharashtra & Rajasthan.

  4. 2015-16

    State-level recognition

    Honoured with the Best Credit Society and Best Banco awards – the first of many.

  5. Today

    17 branches & a corporate head office

    12 branches in own buildings, core banking, our own data centre and a renovated head office.

Awards & Honours

Awards & Honours

Recognition of the society’s work at the state level.

  1. 2023-24

    State-level Best Banco Award

  2. 2023-24

    Navbharat Award

  3. 2022-23

    Banco Blue Ribbon Award

  4. 2022-23

    State-level Sahakar Gaurav Award

  5. 2022-23

    State-level Best Woman Chairman and Best CEO Awards

  6. 2021-22

    State-level Best Banco Award

  7. 2018-19

    State-level Business Express Shree Award

  8. Twice in a row

    State-level Best Credit Society Award, Nachiket Prakashan

  9. Twice in a row

    First-place Banco Credit Society Award among Maharashtra’s multi-state credit societies

  10. 2017-18

    Deepstambh Award, Maharashtra State Patsanstha Federation

  11. 2017-18

    Best CEO (Executive Director) Award, Maharashtra State Multi-State Federation (Goa & Karnataka) – presented by Shri Syed Abbas, Joint Secretary, Department of Cooperation, Government of India, to our founder and then Executive Director, Late Diliprao Thube

  12. 2016-17

    Best Credit Society Award (North Division), Maharashtra Patsanstha Federation

  13. 2016-17

    Best Banco Award

  14. 2015-16

    Best Credit Society Award and Best Banco Award

Reg. No.

Registration & Legal Information

Society name
Kanhur Pathar MultiState Co-op Credit Society Maryadit
Type
Co-operative Society
Date of establishment
24/05/1984
Original registration No.
ANR-PNR-RSR-1276
Multi-State registration No.
MSCS/CR/364/2010
Multi-State registration date
10/09/2010
Registered under
Multi-State Co-operative Societies Act, 2002
Area of operation
Maharashtra & Rajasthan
Audit class
‘A’ (consistently)
Head office
At & Post Kanhur Pathar, Tal. Parner, Dist. Ahilyanagar (Ahmednagar), Maharashtra – 414302

Kanhur Pathar

Become a member of our family today

Visit your nearest branch or contact us for more information.