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Licensed Local Area Bank Incorporated in 2003

About Subhadra Local Area Bank Ltd.

Pioneering customer-centric community banking, micro credit, and agricultural financing across Western Maharashtra and Northern Karnataka with 13 full-service branches.

Est. July 10, 2003 13 Branch Network 100% Depositor Liquidity
Registered Office Kolhapur

Subhadra Local Area Bank Ltd.

M M Centre Appt. Kondalane, Laxmipuri, Kolhapur - 416002

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Who We Are

Subhadra Local Area Bank was incorporated on July 10, 2003 and received a banking licence from RBI to work as a Local Area Bank in the districts of Kolhapur, Satara, Sangli, Belgaum & Pune.

Regulatory Status Notice: The Reserve Bank of India (RBI) on December 24, 2020, has cancelled the Banking Licence of Subhadra Bank. An Appeal has been filed by the Bank against RBI's decision. The outcome is awaited. Download Official RBI Letter (PDF) →

Location & Operations

The Bank is headquartered in Kolhapur, Maharashtra. Subhadra Local Area Bank is professionally managed by a well qualified team which has vast and diverse experience across the banking industry. The bank is well capitalised, and the surplus funds of the bank are deployed in government securities and deposits with reputed scheduled banks in accordance with the guidelines of the Reserve Bank of India.

Convenience & Technology

The Bank offers convenient services like Door Step Services for Cash pickup / Delivery, Document pickup for banking transactions, and much more. Subhadra Bank has deployed the latest core banking technology platform, delivering seamless electronic payment infrastructure (NEFT, RTGS, IMPS, RuPay Debit Cards) to rural and urban customers alike.

New Age Banking Technology

Built on robust Core Banking Solutions (CBS) providing complete multi-branch connectivity, internet banking, and mobile money services.

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