ABOUT BANK
"Col. RD Nikam Sainik Sahakari Bank Ltd., was started on Jan. 23, 1985 at Satara an old princely state and capital of the erstwhile Maratha empire by late Col. R.D. Nikam Veteran of the 1st Maratha Light Infantry (Jangi Paltan) in World War II, then on independence in 3 Maratha Para (now 2 Para SF), Maratha Light Infantry Regimental Centre, 4 Border Scouts, 9 Grenadiers, 8 Assam Rifles, Assam Rifles Training Centre, Mahar MG Regiment Training Centre, 11 Mahar, 4 MP NCC Bn. and Commandant Western Command Press Camp (1971 Indo Pak War). and his association Maharashtra Maji Sainik Va Pensioner’s Sanghatana. He was an alumnus of King George’s Royal Indian Military College, Ajmer. Initially, the bank was started as ‘Sainik Sahakari Bank Ltd., Satara’, but on the demands from its shareholders, the name of the bank has been changed to ‘Col RD Nikam Sainik Sahakari Bank Ltd., with effect from February 10, 2008. Today the bank is headed by Capt UR Nikam, a Gunner Officer. The first and only Co-operative Bank in the world started by Veterans and ServicePersonnel, “Sainik Sahakari Bank Ltd.,” was started by us in 1985. The bank has 19 branches and its area of operation is the State of Maharastra. Today the bank is known as COL RD NIKAM SAINIK SAHAKARI BANK LTD.,"
