The Pragati Sahakri Bank is a unique co-operative bank of its kind in Vadodara City with a wide experience of 42 years. Since its inception, the bank has gained a status of a vibrant bank in the society through its progressive ideology, acceptance of latest technology of new era, with high trust worthy of the customers and shareholders.

In 1973 the idea of opening a bank was first conceived by few visionaries, reputed persons who got the credit to be the pioneers & with their active endeavours the bank was established on 23rd Octomber 1973. The bank was inaugurated by honourable late Shree Ramanbhai Bhailalbhai Amin, honorable Industrialist and Chairman of Alembic Ltd. and late Shree Bhailalbhai Dahyabhai Patel founder and pioneer of bank has started with 659 members &share capital of Rs.1,59,300/- only.