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Highlights of Achievements

We pay more interest than other bank

Safe deposit lockers are available in all branches

Deposits are insured in DICGC (RBI subsidiary)

RTGS & NEFT facility at all branches for instant money transfer

The paid of share capital stands at Rs. 509.34 lakh

Total number of share holders reached at 26863

Total reserves stands at Rs.369.61lakhs

Attended capital adequacy ratio of 11.87%

Total deposit - 16906.28 lakhs.

Total advances - 10342.98 lakhs.

Net NPA 9.96%.

Working capital stands at Rs.19674.21 lakhs.

Net worth of the bank reached at 871.78 lakhs.

Total staff strength is 97.

Net profit – Rs 23.49 lakhs.

Continued to maintain ‘B’ audit rating since inception.

Issuing Rupay debit card.

Total reserve - 375.00

paid of sharecapital - 487.40

Milestones

The bank become GRADE-1 bank in the year 2011-12.

The deposite of the bank reached 100 crore in the year 2011-12.

The Kendrapara Urban Co-operative bank was registred under Co-operative societies Act,
1962 on 26th September , 1986 vide registration No-123KE/26.09.1986.

The bank started banking business from 24.02.1988 after obtainaing license from reserve bank
of indi vide license NO.UBD-ORISSA-888P on dated 26.10.87 .

Bank opened its second branch at old bus stand (balagandi) kendrapara on dt.04.05.1994 .

Two new branches at pattamundai and at marshaghai on dt.08.01.1996 & dt.31.01.1996

Bank had opened another two branches one at Aul and other at other at Chandol on dt.16.03.1998 & Dt.30.06.2000.

Total deposit of the bank crossed Rs25.00 crore in the year 2002.

The deposit of the bank reached Rs.50.00 crore in the year 2008.

Total bank automation made in the year 2005 .

The 'Bank' awarded best urban co-operative bank of the State in the year 2008-09.

The deposite of Bank reached 150 crore in the year 2016-17.