Founded by Late Rajratna Shri Khushaldas Kurji Parekh, Kapol Co-Operative Bank Ltd. came into existence in the year 1939. The prime objective of the bank is to provide services to the economically weaker sections of the society. The bank is one of the fastest growing Scheduled Co-operative banks in the country. The bank has about 77,308 shareholders along with 15 completely computerised branches and all the departments are interconnected with each other. Kapol Bank has been the winner of "Pioneers in Core Banking" and server more than 2,50,000 customers with a strong and growing staff of 338 employees.
Mr. Kamlesh Mehta is the deputy general manager of this bank. The assistant general managers for different departments are Mr. Yogesh Vora for advances, Mr. Tejas Desai for ancillary business and Mr. Anand Upasani for audit and inspection.
The different department heads of the bank include Mr. Rajendra Satam for Asset Reconstruction, Mr. Arjun Gupta for Information Technology, Mr. Vilesh Chande for Demat, Mr. Ronak Mehta for Share, Mr. H. D. Bhatt for Investment and Treasure. Whereas, the HRD is headed by Mr. Radhika Hazarika and Mr. Tejas Desai heads the Insurance, Stamp paper, Utility bill payments, etc department.