The Kalyan Janata Sahakari Bank

What The Kalyan Janata Sahakari Bank does

The Kalyan Janata Sahakari Bank Ltd. is a Multi-State Cooperative Society and cooperative bank headquartered in Kalyan (Maharashtra, India), serving retail and commercial banking customers in the Kalyan region and broader Maharashtra. The bank operates under a member-owned cooperative governance model with a Board of Directors elected by members rather than external shareholders, and is registered with the Deposit Insurance and Credit Guarantee Corporation (DICGC). Its customer base spans individuals, salaried employees, families, small and medium enterprises, medical professionals, artisans, and rural customers, served through a multi-branch physical network and digital banking channels.

The bank's product architecture covers a full retail and commercial stack. Deposits include Regular, Kids, Yuva, and Salary savings accounts, Regular and Flexi current accounts, and eight term deposit variants (Short Term, Monthly Income, Quarterly Income, Re-investment, 251 Days Special, Tax Saver, Recurring, and Long Term Subordinated). Lending includes Personal, Housing, Auto Finance, Educational, Mortgage (Loan Against Property and New Property Purchase), Professional Loans for Doctors, Travel, Gold, Top-Up, Loan Against Term Deposit, Loan Against Paper Securities, and specialized products such as Loans for Idol Makers and rural enterprise schemes (Kalyan Gramin Gruh Nirman, Kalyan Gramin Udyog, Kalyan Gramin Suvidha). Commercial banking covers Cash Credit/Overdraft, Term Loans, Lease Rent Discounting, Commercial Real Estate, and SME Loans; insurance distribution includes PMJJBY, PMSBY, and life and non-life products. The technology platform comprises iOS and Android mobile banking applications, retail and corporate internet banking, UPI/BHIM integration, RuPay debit card issuance, SMS banking, missed-call services, NEFT/RTGS, and self-service cash recyclers and passbook printers.

Revenue is generated primarily through net interest income on the lending book, supplemented by fee income from digital payment transactions, debit card usage, service charges on deposit and lending accounts, and bancassurance commissions on government-backed and private insurance distribution. Pricing is quote-based, varies by product, tenure, and customer profile, and is not publicly disclosed at the rate-card level. No consolidated revenue, profit, or balance sheet figures are disclosed in the available source data.

Name

The Kalyan Janata Sahakari Bank

Legal name

THE KALYAN JANATA SAHAKARI BANK LTD

Website

https://kalyanjanata.in

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

The Kalyan Janata Sahakari Bank is a 50+ year-old Multi-State Cooperative Bank headquartered in Kalyan, Maharashtra, providing retail and commercial banking, deposits, loans, digital payments, and insurance distribution to individuals, SMEs, professionals, and rural customers.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

Keywords

• Cooperative banking services
• Retail loans
• Term deposits
• SME lending
• Digital banking

Headquarters

HQ city

Kalyan

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income from Loans: Primary revenue stream from lending activities including personal loans, home loans, auto loans, education loans, gold loans, SME loans, and other credit products. Interest is earned on various loan categories with different tenures and rates.
2. Deposit Interest: Interest earned on customer deposits including savings accounts, term deposits, recurring deposits, and other deposit products. The bank mobilizes deposits and deploys them in lending activities.
3. Fee-based Banking Services: Income from various banking services including NEFT/RTGS transactions, SMS banking, safe deposit lockers, and other service charges. Also includes insurance distribution commissions (PMJJBY, PMSBY, Life and Non-Life Insurance).
4. Digital Banking Services: Revenue from digital banking services including debit card usage, mobile banking transactions, and internet banking facilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

The Kalyan Janata Sahakari Bank is a multi-state cooperative bank that mobilizes deposits and extends credit through savings, salary, current and term deposit accounts, a wide range of retail loans (personal, housing, auto, education, mortgage, gold, professional and travel), commercial and SME lending products, rural development schemes, and bancassurance offerings. Customers access these services via the branch network, internet banking portals, mobile banking apps, UPI/BHIM integration, RuPay debit cards, SMS/missed-call banking, and self-service kiosks.

Product overview

The Kalyan Janata Sahakari Bank is a cooperative bank offering a comprehensive suite of banking products and services. The portfolio includes multiple savings account variants (Regular, Kids, Yuva, Salary), current accounts (Regular, Flexi), and diverse term deposit options (Short Term, Monthly Income, Quarterly Income, Re-investment, 251 Days Special, Tax Saver, Recurring, Long Term Subordinated). The bank provides retail loans covering Personal Loans (Term Loan and Overdraft facilities), Housing Loans, Auto Finance, Educational Loans, Mortgage Loans, Professional Loans for Doctors, Travel Loans, Gold Loans, and specialized loans for Idol Makers and rural development (Kalyan Gramin Gruh Nirman, Kalyan Gramin Udyog, Kalyan Gramin Suvidha). Commercial banking includes SME Loans, Cash Credit/Overdraft facilities, Term Loans, Lease Rent Discounting, and Commercial Real Estate Loans. Digital banking services comprise Retail and Corporate Internet Banking, Mobile Banking (with dedicated apps), SMS Banking, UPI/BHIM, Missed Call Service, and RuPay Debit Cards. The bank also offers fund transfer services (NEFT, RTGS), safe deposit lockers, cash recycler machines, passbook printers, and insurance products (PMJJBY, PMSBY, Life and Non-Life Insurance).

Differentiator

Problem solved

Functional benefit

Products and services

• Savings Account Standard savings account for individuals to deposit and withdraw funds and earn interest on balances.
• Kids Savings Account Savings account designed for children to encourage early banking habits from a young age.
• Yuva Savings Account Savings account for youth to learn money management, budgeting, and building savings habits.
• Salary Account Account for individuals or groups to receive salary deposits, typically with zero or minimal balance requirements.
• Current Account Business current account for daily business activities with features for managing cash flow and transactions.
• Flexi Current Account Flexible current account variant with enhanced features for business banking needs.
• Short Term Deposit Term deposit with short maturity period for parking funds temporarily.
• Monthly Income Plan Term deposit that pays interest monthly, providing regular income stream.
• Quarterly Income Plan Term deposit with quarterly interest payouts for regular income.
• Re-investment Plan Term deposit where interest is reinvested to compound returns until maturity.
• 251 Days Special Deposit Special short-term deposit product with 251-day tenure.
• Tax Saver Deposit Term deposit that offers tax benefits under Section 80C of the Income Tax Act.
• Recurring Deposit Deposit account where fixed amounts are deposited regularly over a specified period.
• Long Term Subordinated Deposits Subordinated deposits with longer maturity periods for extended savings.
• Personal Loan Unsecured loan for personal expenses available as term loan or overdraft facility.
• Housing Loan Loan for purchasing, constructing, or renovating residential property.
• Auto Finance Vehicle financing for purchasing cars or other automobiles.
• Educational Loan Finance for higher education expenses including tuition and living costs.
• Mortgage Loan / Loan Against Property Secured loan using property as collateral for various personal or business needs.
• Mortgage Loan / New Property Purchase Loan Finance for purchasing new residential or commercial property.
• Professional Loan for Doctors Specialized loan product designed for medical professionals to set up or expand practice.
• Travel Loan Personal loan for financing domestic or international travel expenses.
• Loan Against Term Deposit Loan using existing fixed deposit as collateral.
• Loan Against Paper Securities Loan against shares, bonds, or other paper-based securities.
• Gold Loan Loan against gold ornaments with minimal paperwork and transparent charges.
• Top Up Loan Additional loan on top of existing eligible loans for extra funding needs.
• Loan for Idol Makers Specialized loan product for artisans and businesses involved in making religious or decorative idols.
• Kalyan Gramin Gruh Nirman Rural housing loan scheme supporting construction of homes in rural areas.
• Kalyan Gramin Udyog Rural enterprise loan scheme for supporting small rural businesses and industries.
• Kalyan Gramin Suvidha Rural financial services scheme providing various banking facilities to rural customers.
• Cash Credit / Overdraft Facility Revolving credit facility allowing withdrawal up to sanctioned limit with interest on used amount.
• Term Loan (Mortgage & Hypothecation) Business term loan secured by property or asset hypothecation.
• Lease Rent Discounting Loan facility against rental income from leased properties.
• Commercial Real Estate Loan Financing for commercial property purchase or development.
• SME Loans Loans designed for small and medium enterprises to empower business operations.
• Retail Internet Banking Online banking platform for retail customers to manage accounts, transfer funds, and pay bills.
• Corporate Internet Banking Online banking solution for business customers with enhanced features for corporate banking.
• Mobile Banking Smartphone application for banking services including IMPS transfers and account management.
• SMS Banking Banking services accessible via SMS messages for balance inquiry and alerts.
• UPI/BHIM Unified Payments Interface for instant money transfers and payments.
• Missed Call Service Banking service activated by giving a missed call for balance inquiry and other basic services.
• RuPay Debit Cards Domestic debit card network for ATM withdrawals and point-of-sale transactions.
• NEFT National Electronic Funds Transfer service for online money transfers between banks.
• RTGS Real Time Gross Settlement for high-value instant fund transfers.
• Safe Deposit Lockers Secure storage facility for valuables and important documents.
• Cash Recycler Machine Automated machine for cash deposit and withdrawal transactions.
• Self Service Passbook Printer Automated machine for printing passbook entries without branch assistance.
• PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) Government-backed life insurance scheme with annual premium.
• PMSBY (Pradhan Mantri Suraksha Bima Yojana) Government-backed accident insurance scheme with annual premium.
• Life and Non-Life Insurance Bancassurance partnership offering life and general insurance products.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Scale indicators2 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Abhinandan Urban Co-operative Bank: A regional urban cooperative bank in Maharashtra offering deposit and loan products to individuals and SMEs. Comparable in scale, regulatory regime, and operating geography.
• Shamrao Vithal Co-operative Bank (SVCB): A long-established multi-state urban cooperative bank serving retail and SME customers with comparable deposit, loan, and digital banking products. Direct comparable on structure and customer profile.
• NKGSB Co-operative Bank: A Maharashtra-based multi-state cooperative bank with comparable retail and SME banking offerings. Direct peer given similar geography, customer base, and cooperative structure.
• Janata Sahakari Bank (Pune): A Pune-based multi-state cooperative bank with parallel product suite (savings, deposits, retail/SME loans, digital banking). Highly relevant peer for benchmarking in the western Maharashtra cooperative segment.
• Cosmos Co-operative Bank: One of India's largest multi-state urban cooperative banks with similar retail deposit, SME lending, and digital banking focus. Highly comparable in operating model, regulatory framework, and target customer segments.
• SVC Co-operative Bank: A multi-state cooperative bank in India offering a similar full-stack of deposits, retail loans, and digital banking to retail and SME customers. Closely comparable in structure, scale, and product mix to KJSB.

Broad incumbents

• RBL Bank: A private-sector commercial bank with strong retail and SME banking focus in India. Provides benchmark for product breadth, digital capabilities, and growth trajectory at a larger scale than KJSB.
• Federal Bank: A mid-sized Indian private bank with comparable retail deposit and SME lending offerings. Relevant as an incumbent peer that has scaled beyond regional cooperative-bank origins.

Emerging players

• AU Small Finance Bank: A small finance bank serving underserved retail and SME customers across India with digital banking capabilities. Useful peer to benchmark trajectory from cooperative to scaled deposit-taking institution.
• Paytm Payments Bank: A digital-first payments bank targeting mass-market and underbanked customers across India. Adjacent peer representing the digital-native competitive threat to traditional cooperative deposit franchises.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/kjsbank
• YouTubeyoutube.com/kalyanajanatabank
• Facebookfacebook.com/KJSBank
• Instagraminstagram.com/kjsbank
• LinkedInlinkedin.com/company/the-kalyan-janata-sahakari-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Kalyan Janata Sahakari Bank