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The Parbhani District Central Co-Op Bank Ltd. is registered under Maharashtra Co-Operative Society’s Act-1960. The main Objectives of the Bank are :

The Bank is the leader for all the co-operative movements in the Parbhani & Hingoli district. Established to Guide, to help and fulfill all the financial needs of co-operative movements in the district.

To act as Middle stage of the three tier rural financial architecture in Maharastra State.

To finance primary agriculture co-operative societies (PACS) in the Parbhani District and generally to carry on Banking Business.

To advance loans to farmers for raising of crops, marketing of agriculture fisheries societies, labours, rural artisans and other agricultural activities in the Parbhani District....Agriculture Banking is the main object of our Bank. Short Term Finance is provided for seasonal Agriculture operation to the farmer members of primary Agriculture co-operative societies, through these societies against security of land.

For Crop Loans, Bank is giving interest free loan to the farmer. who are repaying the outstanding crop loan before 31st March every year (reimbursement of interest)

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