saharanpur is a city as well as a Municipal Corporation in the Indian state of Uttar Pradesh. It is located near the borders of Haryana, Himachal Pradesh and Uttarakhand. It functions as the administrative headquarters of both the Saharanpur District and the Saharanpur Division. The city of Saharanpur emerged in a region that was named after a Sufi Saint called Shah Haroon Chishti. The foundations of the present-day city of Saharanpur is laid on the site of an army cantonment by its founder Sah Ranbirsingh, who was a Jain nobleman. The city boasts of the long historic past, ruled by several dynasties like the Delhi Sultanate, the Mughals, the Sayyids, the Rohillas and the Marathas. The British Government provided many infrastructural upliftments to the city and built the citys famous Botanical Garden, also known as Company Garden. Saharanpur is surrounded by an extremely fertile agricultural region which abundantly produces grains and fruits. The city is also famous for its wood carving cottage industry. It has a thriving market for local agricultural produce like basmati rice and mangoes. A wide variety of industrial enterprises are operational in Saharanpur. Textiles, sugar, paper and cigarette factories serve as a major source of employment to the people of the city.
The Shamrao Vithal Co-op. Bank Ltd. or SVC Cooperative Bank Limited, is a banking company incorporated under the Companies Act, 1956 a scheduled bank, and one of the oldest Urban Co-operative Bank in India built in 1906. The bank was set up when co-operation was just started in the country. It was established with the primary aim of helping the less fortunate members of the community under the ambit of its economic enterprises. It was also to encourage savings and to create funds for providing financial aid to deserving members.Mr. Rao Bahadur Shripad Subbarao Talmaki was the chief architect of the Bank. The Bank was initially registered as a Co-operative Credit Society on 27 December 1906. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. After that in 1911, the facilities for remittance were made available to the members by the draft. In 1913, the cash credit scheme was introduced by the bank. In 1956, facilities were thrown open to all communities. In 1988, the Shamrao Vithal bank was conferred the scheduled bank status.