Our Bank was the first co-operative Bank to get a banking licence after liberalization policy in the year 1995. By the grace of Sri Channabasava Maha Shivayogi, a great saint, Trikalajnani whose words became true today as he was predicted that, one day this Gangavathi, a commercial Town become Chota Bombay(Mumbai, now). Hence, the founders and promoters of the Bank named the bank as “ SRI CHANNABSAVASWAMY SOUHARDA SAHAKARI BANK NI.,” Bank started under the leadership of Late Sri.Manjunath Siddapur who was the founder chairman of the Bank having good quality team of Board as on 30 July,1995. As such the town grown very fast and become popular in the state as “Paddy Bowl of Karnataka”. So also the bank has progressed gradually and earned name of a prestigious Co-operative Bank of the District by its dedicated service to the people of Gangavathi Town. Bank has started its functioning with a small capital of Rs.1.60 Cr in 1995 collected a deposit of Rs.1.99 Cr and advances Present Own funds/ capital as on 31.1.2024 is Rs.19.05 Crore which was only 1.60 Cr in 1996 and Deposits stood st Rs.64.45 crore, which was Rs.1.99 Cr.And Bank has a total of advances at Rs.48.46 Cr which was Rs.1.23 Cr in 1996. So, Bank has gradually developing and now the Board has planned to open its first branch at Karatagi Town of Koppal Distric.
Channabasavaswamy Souhardha Sahakari Bank Niyamit
Easy and Quick payment transactions using Unified Payments Interface (UPI) with MPS Bank.Unified Payments Interface is a real time inter bank payment system that allows sending or requesting money. Any UPI client app may be used and multiple bank accounts may be linked to single app. Money can be sent or requested with the methods like Virtual Payment Address (VPA) or UPI ID,Mobile number,Account number & IFSC and QR code.
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It gives you access to your account in your finger tip through android phone and also a way of doing pure digital and paperless banking which is must in post demonetisation and cashless transactions era.
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Bank provides ATM services to customers.The RuPay Debit Card, as the name suggests, will provide you access not only to Vikas Souharda Co Operative Bank Ltd., ATMs but also other banks’ ATMs and Merchant Establishments across India that display the RuPay logo. You can use your card to withdraw money (limited to daily withdrawal limit) from your account anytime, anywhere at your convenience. You can also check Account Balance, change PIN and print a Mini Statement. Kindly read the User Guide and the Terms & Conditions carefully before using the card.
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Customers can transfer funds instantaneously, through RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer)
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Bank offers a variety of deposits to suit the specific needs of its customers. The following are the deposits offered.
Bank offers a variety of deposits to suit the specific needs of its customers. The following are the deposits offered.
Bank provides financial assistance to meet varied needs of its customers. The following are the loans offered by the Bank.
Bank offers a variety of deposits to suit the specific needs of its customers. The following are the deposits offered.
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Channabasavaswamy Souhardha Sahakari Bank Niyamit
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