Sindhudurg District Central Co-Operative Bank Ltd. (SDCC Bank) , MAHARASHTRA Check here latest notification
About Sindhudurg District Central Co-Operative Bank Ltd.
Established on July 1st, 1983, the Sindhudurg District Central Co-Operative Bank Ltd. was formed following the bifurcation of the Ratnagiri District Central Co-operative Bank. It functions as the apex district central co-operative bank for the entire Sindhudurg district in Maharashtra.
Objectives and Growth
The primary objective of the bank is to provide financial support to co-operative societies and other entities within the Sindhudurg district. Starting with an authorized share capital of ₹1.25 crores, the bank has grown significantly, with its authorized share capital now raised to ₹31 crores.
Key Services and Products
The bank offers a comprehensive range of banking services and products, including:
- Accounts: Savings Account, Current Account
- Deposits: Recurring Deposit Scheme, Fixed Deposit Scheme, Student Deposit, Small Saving Daily Deposit
- Loans: Gold Loan, Personal Loan, Sindhu Gharkul (Housing Loan), Cash Credit Loan, Pashudhan Loan, Kisan Credit Card, PMEGP, CMEGP, PMFME
- Services: RTGS, NEFT, Missed Call Banking, Contactless Debit Card, various insurance policies, Locker facilities, and Digital Products.
Financial Highlights
As of recent data, the bank reports a total business of ₹7176.21 Crores, with Deposits amounting to ₹3942.57 Crores and Loans at ₹3233.64 Crores. The bank has also achieved a profit of ₹50.00 Crores.
Digital Initiatives and Linkages
The Sindhudurg Bank is actively involved in digital initiatives and has linked with the Ministry of Petroleum & Natural Gas, Government of India, for the Direct Benefit Transfer of LPG (DBTL) Scheme. The bank emphasizes its commitment to providing excellent service with the latest banking products.
Contact Information Update
Please note that the bank's official website and email domain have changed from sindhudurgdcc.com to sindhudurgdcc.bank.in. All future communications and online banking services should use the new domain.