03:31 AM Mon, 14 October 2019
03:31 AM Mon, 14 October 2019
Chairman's Message
I take this opportunity to thank all the shareholders for the confidence, positive response towards us and in supporting us to achieve greater heights in our performance.
The prosperity of our members is the ultimate aim to our success.
Financial Landmarks of the Bank (as on 31 March 2019)
- Net Profit stood at Rs.3.86 crore in FY 2018-19
- The Profit of the Bank before tax Rs. 8.45 crore in FY 2018-19
- Bank’s Deposits increased from Rs.711.85 Crore to Rs.779.51 Crore in FY 2018-19
- Advances increased from Rs. 369.17 crore to Rs.401.31 crore in FY 2018-19
- CASA deposits stands at 20.00% of the Total Deposit.
- The CD ratio of the bank is 51.48%.
- The Capital adequacy Ratio is 14.64%
Our Values & Principles
The Citizens Urban Co-operative Bank Ltd. since its inception in 1989, has embraced certain values and principles and come what may, won’t deviate from them.
Ethical Banking
- No Hidden / Pre-payment charges
- Transparent Interest Rates and Charges
- Strict Vigilance to Avoid Malpractices
- Robust Grievances Redressal System
Professionalism
- Streamlined Systems and Procedures
- Good Infra-structure and Business Environment
- Good Corporate Governance
- Adherence to all Statutory and Regulatory Norms
Branches
Jalandhar
Nawanshahr
Nurmahal
Goraya
Banga
Kurali
Hoshiarpur
Mohali
Kapurthala
Photo Gallery
Vision
To promote a sound, strong & vibrant co-operative credit structure embedded with latest technology & computerisation, providing innovative and affordable banking products.
Mission
To develop a range of quality services for creating value for customers, shareholders and the society.
© The Citizens Urban Co-op. Bank Limited
