Bank started its functioning as Co-op. Bank in a rented premises at Bazaria, Sawai Madhopur from 22TH Feb. 1995
Bank got license for Banking from Reserve Bank of India bearing number UBD.RAJ.1081P dated 3rd August 1994.
Bank’s CRAR as on 31st March 2023 is 14.08%. Bank’s Gross NPA as on 31st March 2023 is 5.22% and Net NPA is 2.23%
Bank Profile –
Bank is governed by Board of Directors. Bank’s Board comprises of prominent personalities from all field of the Society. There are Chartered Accountants, Lawyer, Industrialists, Traders on the Board of the Bank.
The Board has always given priority to the interest of Bank’s Depositors who have placed their hard-earned money with the bank. Therefore, the Board has adopted a policy of care and vigil in selecting the business proposals on merits.
Bank has One branches in Sawai Madhopur only. Our branches are fully computerised and working on core banking solution since November 2013. Bank is providing various services to its customers in a personalised environment.
Bank’s Deposits upto Rs. 5.00 lac is insured with Deposit Insurance & Credit Guarantee Corporation of India and Bank is regularly paying its premium.
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