The Karanataka State Cooperative Apex Bank Limited

The Karnataka State Cooperative Apex Bank Limited was earlier known as “The Mysore Provincial Cooperative Bank Limited,” under the Mysore Co-operative Societies Act of 1915. In 2015 we celebrated 100 years of its formation with gala event. It was created with need to finance and supervise the Co-operative Societies in Karnataka. We offer services like Retail Banking, Passbook facilities, Agriculture Loans, Net Banking, Locker, Consumer Loans, Property Loans, SMS Alerts, RTGS, Women’s Loan, E -Statements, NEFT, Email alerts, Debit Cards, and the Savings Accounts as well.

Factsheet of The Karanataka State Cooperative Apex Bank Limited
Bank NameThe Karanataka State Cooperative Apex Bank Limited
Founded inNov. 10, 1915
Promoters/foundersShri Varadaraja Iyengar.
Headquarter Address

The Karnataka State Cooperative Apex Bank Limited
Uthunga", No.1
Pampamahakavi Road
Chamarajpet
Bengaluru-560018
Karnataka

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.karnatakaapex.com/new/index.php/en/
Customer Care Number080-22976600, 26676325, 22428092, 26679374

History of the Karnataka State Cooperative Apex Bank Limited

The Karnataka State Cooperative Apex Bank Limited is a Co-operative bank that was registered on November 10th, 1915 and earlier it was known as The Mysore Provincial Co-operative Bank Limited," under the Mysore Co-operative Societies Act of 1905. During that time, this Co-operative establishment was solely established in order to assist the existing banks in the Mysore State.

During that time another bank was created known as the Bangalore Central Co-operative Bank Limited, that was later converted into an Urban Bank that was registered in 1905.  We have 15 plus branches available in Karnataka and all of them are computerised. It is also known as KSCABL and the founder is Shri. Vardaraja P Iyengar and he was a down to earth person willing to make a difference in the life of the people of Karnataka State. 

The core aim of the bank revolves around finding, inspecting, and supervising the functioning of various Co-operative Societies in the state of Karnataka also earlier known as Karunadu. This bank is an essential organisation created in order to encourage the growth of various Co-operative establishments in the state of Karnataka. 

We are good in offering various services in the field of Deposits, Reserves, Share Capitals and Lending and Borrowings in a logical manner.  Shri Belli Prakasha is the Chairman and Shri C N Devaraju is the Vice Chairman of the Karnataka State Cooperative Apex Bank Limited. 

Banking Services offered by the Karnataka State Cooperative Apex Bank Limited

There are various banking services offered by the Karnataka State Cooperative Apex Bank Limited and they are as follows:        

  • SMS Alerts.
  • E-mail Alerts.
  • E-Commerce.
  • Retail Banking.
  • E- Statements.
  • Mobile Banking.
  • Savings Account.
  • Current Account.
  • Bank Guarantee.
  • Insurance Service.
  • Cyber Fraud Alert.
  • Corporate Banking.
  • Utility Bill Payments.
  • Demand Drafts (DD).
  • E-Stamping Services.
  • Senior Citizen Account.
  • Safe Deposit Lockers.
  • Debit and Credit Cards.
  • Customised Bank Passbook.
  • Customised Cheque Book Facility.
  • Corporate salaries of various companies and hospitals.
  • Registration for various Government Schemes like PMSBY, PMJDY and the Atal Pension Yojana.

Loans and credit facilities provided by the Karnataka State Cooperative Apex Bank Limited

There are various credit and loan services offered by the Karnataka State Cooperative Apex Bank Limited and they are:

  • Apex Gold Loan.
  • Apex Jewel Loan.
  • Apex Travel Loan.
  • Apex Personal Loan.
  • Apex Instalment Loan.
  • Apex Education Loan.
  • Apex B D A Site Loan.
  • Apex Agricultural Loan.
  • Apex Overdrafts Loan.
  • Apex Professional Loan.
  • Apex Employment Loan.
  • Apex Gold Services Loan.
  • Apex Cash Services Loan.
  • Apex Commercial Vehicles Loan.

 

The Karanataka State Cooperative Apex Bank Limited has 110 IFSC connected branches in India. Bank has branches in following states:

  • KARNATAKA

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