The Hoshiarpur Central Cooperative Bank Ltd,
The Hoshiarpur Central Cooperative Bank Ltd. Was established on 27.07.1910 with ten individual members and working capital of Rs. 3750/-.
The area of operation of the bank is entire district comprising of 10 blocks. The District consist of four tehsils namely Hoshirpur, dasuya, Mukerian, Garshankar. The Balachaur tehsil of this district was transferred to newly formed district of Nawanshahr in 1996 and consequently six branches of this bank were merged in Nawanshahr Central Cooperative bank Ltd. Nawanshahr. At present besides Head Office 63 Branches and 2 Ext. Counters of the Bank are working in entire District. At present there are no individual members of the bank. The individual members are enrolled only as nominal member and they have no voting rights. Only Cooperative Societies can become the member of the bank and enjoy the right to vote.
Periodical inspection of Cooperative Department, the Punjab State Cooperative Bank Ltd. Chandigarh and NABARD is being done. The Bank has classified as “A” Class from the year 1985-2003. But as we are in the process of getting license from Reseve Bank of India we were classified as “B” from the year 2003-2004 inspite of our good rating.
ii) Registration of the bank : PAO55/23 Date. 27.07.1910
iii) Membership : 771
Status of Board of Management : Elected Board
List of Key Personnel
(A) Chairman Sh. Narvinder Singh Purewal 981442156
(B) Managing Director Sh.Gurdev Singh Narsala 9814271398
(C) Distt. Manager Sh. Jatinder Singh Gill 98517826