Our Services

Ordinary Loan

A Member can avail Ordinary Loan to a maximum amount of Rs 50,000 subject to his/her years of service at 3% per month.

Special Loan

A Member can avail Special Loan to a maximum amount of Rs 3,50,000 subject to his/her years of service at 1.65% per month.

Share

Any employee (active or retired) of Central Bank of India working within the area of operation of the Society is eligible for taking membership of the society.

Minimum deposit amount for Thrift Fund(TF)is Rs.200 per month.At present Rate of interest on TF is 7% per annum. Guarantee Fund(GF)is deducted based on the amount of loan sanctioned.Interest is also being paid at 6% per annum.

Become a part of our society

Become a part of our strong and fast-growing family and avail the benefits of credit while you indulge in a fulfilling life.

Welfare Schemes

Apart from our daily activities,the Society is involved in a no. of welfare schemes for its members.

Medical Assistance

Society is giving a cheque for Rs.15000/- to the member suffering from Cancer, Balloon Angioplasty etc.

Financial Assistance

Society is paying Rs.500/- per month to the legal heir of a member died in harness for 5 years (Max).

Merit Award

Society is paying merit award for Rs.1000/- to the member, staff, their spouse, son and daughter for excellent result in academic life.

Memento to Members

Society is presenting a memento cheque for Rs.2000/- who is closing his/her account due to his/her retirement from banking service.

Avail Our Holiday Homes

Our Journey

The name can be distinguished from other by its activity, dedication and service to the employees of Central Bank of India and particularly its role in co-operative movement. It has a glorious journey of 62 years from 1955. It is a largest co-operative in Central Bank of India which has its area of operation extended to 12 eastern regional states.