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 41 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)

31.03.2015 31.03.2016 31.03.2017
Paid up share capital 2737.83 3047.29
Reserve and other reserves 10530.96
10875.15 10862.99
Net worth 12291.66
12942.79 13511.96
Deposits 124052.85 138356.66 154617.93
Investments (including term deposits with other banks) 65504.35
68601.54 69923.67
Loans & Advances 66755.54
Net Profit 1349.92
1351.29 1377.34
Gross NPA 3116.55
3050.95 3254.34
Net NPA Nil 0.40%

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