Inspired by social philosophy of Shri Shahu Chhatrapati Maharaj of Kolhapur State, the late Shri Bhaskarrao Jadhav, the then Revenue Minister of Kolhapur founded this Bank 99 year’s ago i.e. in 1913, to institutionalise the social reform effort of the Maharaja. Then known as Kolhapur Urban Credit Society was a well thought of and planned step to solve the then existing liquidity and savkari problems. The co-operative movement of Kolhapur District owes its inspiration to this Bank, which was the first to have harijans as founder members and also the first Bank to enroll women as its members. This is the bank of common man.