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Friday, March 25, 2011

Shree Chatrapati Shivaji Maharaj Sahakari Bank Niyamit, Gulbarga

COMPANY PROFILE
The bank is opened by Shri Dinakar More, the President and Founder of the Shri Chatrapati Shivaji Maharaj Sahakari Bank Niyamith, Gulbarga. The bank threw open is door from 01.07.1999 at 9.00 am Ghansham Housing Complex, Opp: Fire Station, Brahmapur, Gulbarga with Reg. No.: AR-4 / V2 / AOG / REGN. 24987 / 97-98 Dtd: 04.05.1998.

The Founder Directors
The Founder Directors of the Shri Chatrapati Shivaji Maharaj Sahakari Bank Niyamith Group are listed below:
Shri Dadarao Biradar
Shri Venkatrao Patil
Shri Marutirao Male
Shri Shivaram Pavar
Smt. Sandya B. Patil
Shri Manikrao Shinde
Shri Jyotibarao Bhise
Shri Shyamrao Jagatap
Shri Dattatrey Tovar
Shri Mohanrao Mane
Shri Sheshrao Patil

Shri.Narasing.S.Patil is Manager in Shri Chatrapati Shivaji Maharaj Sahakari Bank Niyamith, Gulbarga Branch.

VISION
To be a progressive bank with strong brand equity, enhancing value for all the stake holders through excellence in performance and good governance

Excellence in Management
The bank has been fortunate in having very eminent and honest men of vision and great talent as Board of Directors and Executives. The ever increasing profit figures of the bank depict the efficiency of the management. The bank, which was opened with a share capital of Rs.5.44 lakhs.

Chief Executives
The strong foundation was laid down by the Chief executives of the bank from the very beginning by their outstanding efficiency, devotional duty, able administration and profound knowledge.

Rate of Interest on Term Deposits
45 days to 90 days old 5.0%, General 5.5% and Senior Citizens 5.5%.
91 days to 180 days old 6.0%, General 6.5% and Senior Citizens 6.5%.
181 days to 365 days old 7.0%, General 8.0% and Senior Citizens 8.5%.
1 year to 3 years old 8.5%, General 10.0% and Senior Citizens 11.0%.
3 years and above old 10.0%, General 10.75% and Senior Citizens 11.25%.

Recurring Deposit
For 1 year general scheme 6.0% and Senior Citizens 6.5%.
For 2 year general scheme 9.0% and Senior Citizens 9.5%.
For 3 year general scheme 9.75% and Senior Citizens 10.5%.
For 3 years and above general scheme 10.25% and Senior Citizens 11.0%.

Loans and Advances :
For Ware House Construction Loan available in 12.0%.
For NSC, KVP, LIC bonds Loan available in 15.0%.
For Gold Loan available in 15.0%.
For General Secured Loan available in 15.0%.
For Overdraft Loan available in 15.0%.
For Vehicle Loan available in 15.0%.
For Unsecured Loan available in 17.0%.

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