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Welcome to the website of Kurmanchal Nagar Sahkari Bank Ltd, Nainital.
The Kurmanchal Nagar Sahkari Bank Ltd, Nainital is one of the leading Urban Cooperative Bank of Northern India, it has been our constant endeavour to provide highest levels of service to our esteemed customers. The Bank offers a complete range of retail banking services, including retail loans to its customers.
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Our deposit base as on 31.03.2011 stood at Rs. 82,271.32 lacs and advances stood at Rs 67958.39 lacs. The CRAR of the as on 31.03.2011 was 13.40% and net profit of the bank for FY ended 2011 stood at Rs 1119.53 lacs.
The bank has network of 23 branches which are integrated with Core Banking Solution.
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The objective of the bank remains to be a preferred provider of banking services for retail customer segments. The Bank is paying higher interest to its customers on their deposits. The deposits are insured by DICGC.
The Bank has an efficient mechanism for NPA management and it has managed to keep net NPA at zero percent of net bank credit. Know Your Customer (KYC)/ Anti Money Laundering norms are followed in accordance to the regulatory norms. The bank gives high priority to customer feedback and complaints to strengthen its resolve to be a preferred provider of retail banking services.
I would like to place my gratitude to the Board of Directors, share holders and customers for their kind cooperation and patronage.
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