are our Bank’s authorized recovery agent under SARFAESI Act

We have introduced two new Branches at Rudraprayag & Pauri (Garwal Mandal)


It has been our constant endeavour to provide highest levels of service to our esteemed customers.

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It gives me immense pleasure to welcome you to our new website, which is to a significant extent, the fruit of the endeavours of our remarkable in-house IT team.

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The Kurmanchal Nagar Sahkari Bank Ltd., situated in Nainital in Uttarakhand State started banking operations with effect from 1st January 1983, after receiving RBI license No DBOD (UBD)/UP 318-P dated 06th October 1982 Over the years the bank has acquired the status of a leading Urban Cooperative Bank not only in the State of Uttarakhand but in the whole of Northern India as well. This has become possible due to customer friendly approach, product innovation, delivery system and technology up gradation of its retail-banking network spread over 35 centres. This has been the core strength of the bank. The financials of the bank are strong and the bank has registered remarkable growth with the financial sector reforms introduced in the country in the nineties.


A ringside view of Bank’s retail operations are as under: (Rs. in Lacs)

31.03.2012 31.03.2013 31.03.2014
Paid up share capital 2078.29 2337.07 2517.49
Reserve funds and other reserves 7856.44 9147.71 9670.86
Net worth 9934.73 11774.74 12188.35
Deposits 85762.77 100061.44 111949.33
by Clip-HD" style="background: none repeat scroll 0% 0% transparent ! important; border: medium none ! important; display: inline-block ! important; text-indent: 0px ! important; float: none ! important; font-weight: bold ! important; height: auto ! important; margin: 0px ! important; min-height: 0px ! important; min-width: 0px ! important; padding: 0px ! important; text-transform: uppercase ! important; text-decoration: underline ! important; vertical-align: baseline ! important; width: auto ! important;">Investments (including term deposits with other banks) 36276.45 45396.46 51142.24
Loans & Advances 54752.00 66652.31 77638.25
Net Profit 1434.00 1813.38 2062.40
Gross NPA 530.07 412.95 1776.76
Net NPA Nil Nil Nil

Bank’s ATM services have commenced with the assistance of  NFS (National Financial Switch) connecting to 1,50,515 ATMs across the nation.