The JJSB has a very strong and historical background as it could be seen from the undermentioned paragraphs. India got the freedom from the clutches of the British Ruler in the year 1947 by the amalgamation of the then princely states. Following this independence, the then various princely States of the Saurashtra Region,amalgamated/merged with the Central Government in 1949. In the process,5 (fiv
e) Districts of the Saurashtra merged with each other and cared out (formed) in one state of “C” Grade for the welfare of the people. Even before formation of this “C” Grade State of Saurashtra, different Co-operative Societies were functioning at different places, out of which some co- operatives doing various co-operative activities. In the year 1951,SaurashtraState-Co-operative Bank was formed and that marked the opening/forming of various District Central Co-operative Banks in different Districts. During 1960-’61,Gujarat State was separated from Bilingual metros State of Bombay and during this period Saurashtra Co-operative Bank extended its area of operation in the entire district. On 1st May 1960,the Bombay State split into the States of Maharashtra and Gujarat (part of the former Bombay State). The Junagadh District Central Co-operative Bank came into existence on 22.04.1959.Earlier, it was registered as Sorath District Co-operative Bank. As per Reserve Bank of India policy, each district should have one separate District Co-operative Bank and therefore under the impact of this guidelines, all districts formed its independent Co-operative Bank and the Junagadh District Central Co-operative Bank also started functioning from 03.03.1960. The Bank has since its inception, fortunate enough to get the dedicated, committed and visionary leaders as its Chairmen. To mention the names of some of the great personalities like Shri Maldevjibhai Odedara(Promoter and Founder), late Shri Chitaranjandas Raja,late Shri Muljibhai Patel,late Shri Govindbhai Sekhda,late Shri Lilabhai Sidibhai Khunti who immensely contributed for the growth of the Bank during their respective tenure as Chairmen of the Bank.