The Kurukshetra Central Co-operative bank plays a vital role in the upliftment of the small and marginal farmers and rural masses. Our bank is dominant provider of loans especially in the sector of agriculture and animal husbandry. Our bank is providing seven loan schemes which includes: Loans against Gold Ornaments/Jewellery, Scheme for purchase of consumer durable, Cash credit facility to businessmen/Traders against collateral or hypothecation of stock in trade, Loans to parents of students pursuing professional degree courses of education like Engineer, Medicine etc. on the basis of the repaying capacity of parents, Loans to individuals for purchase of auto-rickshaw Taxi-Cars, Motor Buses, Light Commercial Vehicles, Lorries (within the meaning of Small Transport Operators), Temporary overdraft facility to individuals on the basis of credit report/collateral etc. and Advances against National Savings Certificate (minimum margin of 25%). Our vision is to be the client’s best choice through offering an integrated bunch of banking services. We aim to provide huge contribution in the economic and social development of the state through innovative banking products, effective leadership, team work and use of recent techniques and tools. All the branches of our bank are providing the facility of micro-ATM for the customers. Our bank is also providing the facilities of PMJDY, PMJJBY, PMSBY, APY, PMFBY and PMGKY. Insta Debit Card is issued to the customers immediately just after the opening of account. The financial position of the bank is good. Higher interest rate of deposits is also one of the key factors behind the customer’s choice for this bank. CRAR of the bank was 10.20% for the year 2019-2020. On the other hand gross NPA of the bank was 4.97%, which resulted in the net profit of Rs. 1.23 crore for the year 2019-2020. The deposits of Rs. 466.38 crore show that customers have good faith on our bank. We together with all our personnel, continue to work to retain the confidence entrusted in us and to continually improve the quality of our services.
© 2018 Kurukshetra Central Co-operative Bank. All rights reserved |