Established on the date of 24-04-1959.
The Bhavnagar state was merged with the old state saurashtra in the year 1948.At that time there were 217 registered societies and these registered societies were active.
The state was perusing the loan of Rs.2000\ At that time normally 217societies had 7500 member having total deposits of Rs 6,00,000. As well as the advance to the members ware Rs 10, 00,000.
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