The Kalyan Janata Sahakari Bank Ltd.has completed more than four decades of dedicated service to the people of Kalyan city and surrounding areas. From a modest beginning in December, 1973, the bank has grown by leaps and bounds in a short span of 40 years with a business mix of over Rs. 2710 crores today. With over 40000 shareholders and a satisfied client base of over 3 lakhs, the Bank is continuously striving to improve quality and set standards in customer service and become a 'Janata' bank in the truest sense.

The history of the bank dates back to the year 1970 when Advocate Bhaurao Sabnis and Shri. Vasantrao Purohit took the initiative, against heavy odds, in founding a bank for the predominantly middle class people of Kalyan. It was around the same time that The Kalyan Peoples' Co Operative Bank had failed leading to severe discontent among the people. Against this background, raising share capital for a bank was an extremely daunting task but their determined and relentless efforts culminated in a modest beginning on 23rd December, 1973 in a 180 sq.ft. office with three employees, share capital of Rs. 50,000/- and deposits of Rs. 80,000/-.

The first ones to be on the Board of Directors of the bank were Shri B.P.Joshi, Dr.P.V.Karkhanis, Advocate Shri Bhaurao Sabnis, Shri V.G.Phadke-Chartered Accountant, Prof.A.P.Pradhan, Shri S.M.Oak, Advocate U.S.Sheikh, Shri N.D.Bhoir, Shri G.S.Kadam, Shri V.H.Purohit, Shri W.D.Sathe among others. The visionary zeal of these pioneers has catapulted the bank into a prominent co operative bank in Maharashtra with a branch network of 26 branches spread across Mumbai, Navi Mumbai, Thane, Pune, Satara, Kolhapur and Nashik districts.