THE RAJAJINAGAR CO-OPERATIVE BANK LIMITED
BANGALORE
Email       :  contact@rcbl.co,                   rcbank.ltd@gmail.com
Call on us :   080-23151204
Fax          :   080-23152073
IFSC CODE : HDFC0CRCBLB

Welcome to The Rajajinagar Co-op Bank Ltd.

The Rajajinagar Co-op Bank was established during the year 1966 by Late Sri M.R.Nagarajan and his associates. The idea behind opening a Co-op Bank in Rajajinagar came to the mind of Sri M.R.Nagarajan, when he once happened to witness a poor man pledging his Jewels with a Pawn broker for a very high rate of interest, deeply pained with that situation Sri M.R.Nagarajan thought of opening a Co-op Bank to help Public residing in and around Rajajinagar in general and poor class in particular. He put-forth the idea of opening a co-op Bank with his associates and organised a Meeting with them along with Public and succeeded in getting the concurrence of his associates, and the public and a resolution was passed to open a Co-operative Bank in a suitable place in Rajajinagar area. The Bank was named as “ THE RAJAJINAGAR CO-OPERATIVE BANK LTD.”.
Sri M.R.Nagarajan took up the issue with the then register a Co-op Societies, by framing the bye-laws and got the Bank registered by the Deputy Registrar of Co-op Societies on 28.09.1966. Later the Bank applied for license with the R.B.I and succeding in obtaining the license on 14.12.1966 and commenced the banking business. Thus the Rajajinagar Co-op Bank ltd came into existence.


2023 Audit Report Unclaimed Depositors List as on 31.07.2021


56th AGM Notice

Founder


Late.M.R.Nagarajan




Display of Interest Rate / Charges

Locker Rent Charges

Head office Rajajinagara

S.No Size Rent
1 14*11 1500+GST
2 20*7 2000+GST
3 20*15 2500+GST

Basaveshwara Nagar Branch

S.No Size Rent
1 6*4 250+GST
2 6*7 500+GST
3 15*4 750+GST
4 15*10 1000+GST
5 14*11 1500+GST
6 20*15 2500+GST

AP Nagar Branch

S.No Size Rent
1 14*11 1500+GST
2 20*15 2500+GST

NEFT CHARGES

S.No AMOUNT CHARGES
1 Up To 1,00,000/- Rs 10.00
2 1,00,000/- To 2,00,000/- Rs 15.00

RTGS CHARGES

S.No AMOUNT CHARGES
1 Up To 2,00,001/- To 5,00,000/- Rs 25.00
2 Above 5,00,000/- Rs 50.00

LOAN PROCESSING CHARGES

S.No LOAN AMOUNT CHARGES
1 Minimum Amount Up To 5,00,000/- Rs 2500+ GST
2 Above 5,00,000/- (New Loan to Members) 0.5%+ GST
2 Existing Loan Customer to apply for Top Up Loans (Charges only for additional loan amount ) 0.5%+ GST

OTHER SERVICE CHARGES

S.No Particulars Amount
1 Share application 100/-
2 Loan application 100/-
3 cheque return charges- SB account 58/-
4 Cheque return charges- CA account 115/-
5 stop payment charges 50/-
6 Additional account statement charges for print for each page 5/-
7 duplicate passbook charges 50/-
8 Account closure charges (with in one year) 100/-
9 ATM duplicate card charges 200/-
10 Duplicate /FD, share certificate 110/-
11 Share entrance fee 25/-
12 pay order revalidation 50/-
13 document xerox charges-for every page 2/-
14 Share transfer fee for every one share 10/-
15 Duplicate Member ID card issue charges 50/-
16 Sanction loan cancellation charges 250/-
17 Outward cheque return charges (insufficient fund above 50,000/-) 100/-
18 Nominal membership application 100/-
19 Change of nominee 50/-

PO CHARGES

S.No AMOUNT CHARGES
1 Rs.1 to Rs 5000 30/-
2 Rs. 5001 to Rs.10000 50/-
3 Rs.10001 to 25000 70/-
4 Rs. 25001 to 50000 90/-
5 Rs.50001 to 75000 110/-
6 Rs. 75001 to 99999 110/-
7 Above Rs.100000 and every one lakh 170/-