Lal Bahadur Shastri College Satara was established in June 1967 by Shri Swami Vivekanand Shikshan Sanstha Kolhapur, founded by Lt.Dr. Bapuji Salunkhe, a man who devoted all his life and mind to the education.His dream to establish first multifaculty College in Satara city came into reality after its establishment. The college building was inaugurated in auspicious presence of Smt. Lalitadevi Shastri. The Motto of College is “ज्ञान विज्ञान आणि सुसंस्कार यासाठी शिक्षण प्रसार” i.e. Spread of education for knowledge, application and inculcation of good values. The Noble mission is to spread education amongst the masses from rural and urban population.