Cosmos Cooperative Bank Ltd. has expanded its presence in Pune by inaugurating two new branches, located in the rapidly developing areas of Manjari and Tathawde. These inaugurations were officiated by Chairman CA Milind Kale, bringing the total number of branches in Pune to 45.
The Manjari branch is situated at Satyam Business Court on the Pune-Solapur Road, while the Tathawde branch is located at Azure Paranjpe Scheme, Bhumkar Chowk, near Vision-One Mall. Both areas are witnessing significant growth, and Cosmos Bank aims to provide its customers with modern banking services at these new locations.
Kale also highlighted the bank’s recently launched ‘Cosmo Utsav’ Deposit Scheme, designed to coincide with the festive season. Under this scheme, the bank offers attractive interest rates of 7.50% for general depositors and 8.00% for senior citizens, with a tenure of 15 months. The scheme has garnered a positive response from customers since its launch last month.
Present at the branch inaugurations were Vice Chairman CA Yashwant Kasar, members of the Board of Directors, and Managing Director Mrs. Apekshita Thipsay.