History

In order to meet economic needs in community, medical professionals gathered together and successfully established Dhanvantari Patsanstha in 1989. The Patsanstha was founded by Dr. Ravindra Bhosale, Dr. K.S. Lahoti, and their friends. Since its commencement, it has shown continuous progress and has received the highest 'A' grade in audit classification every year.

The Patsanstha was established at Dr. Ravindra Bhosale's place and started its operations with a capital of Rs. 61,700 collected from 252 members. Over the years, the organization has earned a respected position in the cooperative sector and stands as an excellent example of teamwork dedicated to the progress of both members and the institution.

Progress

Since the establishment the organization have given more than 10% dividend to the members. With a changing period, organization have made computerized work from the year 1993-94. Also, to complete future needs, 7200 sq.feet plot and 3400 sq. feet R.C.C. construction were purchased at "93, shanivar peth" ,satara in 1996. And after completing 10 years, 1400 sq. feet dhanvantari hall was constructed in 1999. By achieving trust of members new branches were opened in owned place at koregaon and phaltan in 2000 and at karad in 2002. Also the branches were opened in dhankawadi as well as pimpri-chinchwad in global city pune in 2006. These branches are also in our owned place. And it is proud thing for our organization.

More Than Banking

By making this organization economicaly strong, games like badminton, table tennis, carrom, chess have made available for member’s physical and mental development. Also the facilities like insurance of Rs.1 lakh for each member, free library, website have made available. And in each year debt recovery is more than 98% because of strong recovery.