The Bharat Co-operative Bank (Mumbai) Limited, registered under The Maharashtra Co-operative Societies Act, 1960 (Registration No. Bom/Bank/138 of 1977 dated 9th June, 1977) popularly known in the metropolis as Bharat Bank has commenced its Banking operations with a capital base of Rs.6.32 lacs from its present registered office at 64/72, Mody Street, Fort, Mumbai - 400 001 since 21.08.1978. The Reserve Bank of India has issued Banking License vide License No.ACD.MH 108-P dated 8th June,1978.

In the year 1978, several young, enthusiastic and like-minded social workers associated with The Billawar Association, Mumbai , a leading Charitable Institution sponsored the Bank. The Bank was established with an intention to promote social justice and welfare and to take banking to the masses especially middle class and low-income group of people to support their standard of living. It was initially difficult to collect share amount of Rs.10/- for one share. Now the Bank is enjoying enormous confidence and loyalty from the members, depositors, well wishers and public in general. The Bank has made enormous progress during the period of 35 years of its banking business due to confidence bestowed by the people at large. A common man has no hesitation to invest his hard earned money in Bharat Bank for safety and better returns.

The Bank now known for its service, clean image and young team of personnel has carved its own niche as one of the best Banks in the Metropolis having a customer base of more than 5.5 lacs. The Reserve Bank of India has conferred scheduled status to the Bank on 22nd April, 1996 and the Bank subsequently registered as Multi-State Scheduled Co-operative Bank on 26th September, 1997 wide Registration No. MSCS/CR/71/97 dated 26th September, 1997. 

The Bank has made appreciable progress in the last decade of its banking operations in terms of opening of branches, mobilisation of deposits, deployment of resources and profitability. The shareholders have also benefited due to attractive dividends.