We Chartered  Sahakari Bank Niyamitha,  would like to introduce ourselves as one of the prominent urban Co-operative Banks in Bangalore. The bank was Established during June 2000 in Koramangala 1st Block, Bangalore with an intention of attending to banking needs of the public, by assisting  them to realize their dreams by providing an opportunity in saving their money and lending to those who seek monetary assistance for various development activities.

Mr. Munireddy M. is the president of our Bank  from its inception. This was the vision of Mr. Nagaraja M. who took a pioneer role in establishing the Bank who always aspired to contribute some thing meaningful to the society.

Since its  inception, the bank is fully computerized and centralized Air Conditioning to provide world class Banking environment, better & faster service. The Bank is providing Safe Deposit Locker facility to the aspiring members at a reasonable rental.

The Bank was started with a capital of Rs. 1.29 Crores and a dividend @ 9% was declared for the first financial year (23rd June 2000 to 31st  March 2001)  with a Profit of Rs. 16.19 Lakhs. Ours was the first Co-op Bank to start with a Share Capital of more than Rs. 1.00 Crores and declare a profit in the first year (i.e. 9 Months) of operations. 

For the year ending 2014-15 a dividend @ 14% was declared on a profit of Rs. 997.65 Lakhs (before taxation). Ours is a Unit Bank functioning from the above mentioned address and we have no branches at present.

As required deposits are covered under Insurance Scheme from Deposit Insurance and Credit Guarnatee Corporation.

During the earlier years of our operations we were guided ably by two eminent Bankers namely Late Sri Sunder Raj and Late Sri Pradyumna, who had helped us to streamline the systems and procedures with their rich banking experience.

Call Us Today!

Attractive Interest Rates on Deposits

10.75 % * for 365 Days

(* for Senior Citizens)