Alavi Co-operative Bank Limited was established on 1st October 1958 popularly known as Alavi Bank, Started his banking activity under the leadership of Mulla Mohammadali Mulla Shaikhali Kachwala with one single branch situated at Wadi Chokhandi, Vadodara. The Organisation was started with 100 members and with small amount of 1 Lakh rupees. Today Alavi Co-Operative Bank Limited Holds a good Position in Co-operative sector.

The bank has prominently grown over the years, not only in terms of network and members, but also the varied Services it has to offer. From Fixed & Recurring Deposits to Loans & Advances, Alavi Co-operative Ltd. has accomplished for itself a nice position in the Co-operative Banking sector. Although, it commenced with the motive of promoting the less privileged members of the society, it has attained for itself a position wherein it offers Insurance Policies as well as Loans for standardizing lives of a varied sector.