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April 17th, 2017, 02:39 PM
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Join Date: Mar 2012
Re: History Of Kangra Central Cooperative Bank

The Kangra Central Co-operative Bank is offers you easy inter-bank transfer options online that makes banking an easy task.

There is no need to opt for any physical mode of money settlement such as cheque or cash as it comes with a lot of risks, troubles and sometimes a long waiting period.

The banks was came into existence on 17th March 1920 (License No. RPCD.09/2009-10).

The Indora Banking Union was merged and 2nd Branch of the Bank opened at Nurpur in Jan’1956.

The Palampur Banking Union was merged and 3rd Branch of the Bank opened at Palampur in Jan’1957.

And the Nanaon Banking Union was merged and 4th Branch of the Bank opened at Hamirpur in Oct’1958

Here is history of Kangra Central Cooperative Bank



The Bank suffered losses because of the partition in 1947 to the tune of Rs.10.64 Lacs
In Mar 1962, the bank suffering from the setback of partition was granted Rs.4.09 Lacs by the Govt.

Govt also provided Interest Free Relief Loan of Rs.3.98 Lacs and Govt of India Loan of Rs.4.97 Lacs @ 3.87% in 1962 In 1971-72

The Bank entered into the deposit mobilisation scheme of Pong Dam Area aggressively and secured maximum share of Deposit Bank Deposits increased from Rs. 256 Lacs in 1971-72 to Rs. 1054 Lacs in 1973-74.

Product

Deposit Product
Loan Products
Service Products
Branches with Lockers

Address:

The Kangra Central Co-operative Bank Ltd
Sehkar Jyoti Building, Civil Lines
Dharamshala, Teh. Dharamhsala, Distt. Kangra
(H.P.) - 176 215


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