The West Bengal State Cooperative Bank

The West Bengal State Cooperative Bank is one of the Cooperative banks located in Kolkata in West Bengal. It was set up in 1918 by certain group of people and has 43 plus branches. We offer various services like the SMS Banking, Women’s Loans, Locker facilities, RTGS, Recurring Deposits, Demat Services, Senior Citizens Loans, Home Loan, Savings Account, Demand Drafts, Mortgages, E-Statement, NTFS, Farm Land Loans, and Insurance.

Factsheet of The West Bengal State Cooperative Bank
Bank NameThe West Bengal State Cooperative Bank
Founded inFeb. 19, 1918
Promoters/foundersBengal Provincial Cooperative Federation Ltd.” was registered under Cooperative Societies Act – II of 1912.
Headquarter Address

The West Bengal State Cooperative Bank
Address:24 A
Waterloo Street
Kolkata-700069
West Bengal

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.wbstcb.com/page/genesis_mission
Customer Care Number6290829907/08/09/10, 033 2248-8491, 033 2248-8492, 033-22488692, 033-22480874.

History of the West Bengal State Cooperative Bank

The West Bengal State Cooperative Bank is the major cooperative society established in West Bengal on February 19, 1918 and the name was Bengal Provincial Cooperative Federation Limited. This company was registered under the Cooperative Societies Act of 1912. The main motto was to supply relevant capital to the neighbouring cooperative banks located in various parts of West Bengal.

The federation was converted into a bank and this bank was named as “The Bengal Provincial Cooperative Bank Limited” in 1923. During 1947 there was partition and this establishment was renamed as The West Bengal Provincial Cooperative Bank Limited. Most of the provinces were redivided and later onwards the name of the bank was changed into the West Bengal State Cooperative Bank Limited in 1964. 

We are excellent in combining the private sector with various financial markets and are good in entering to various spheres of the economy. We are good in safeguarding the interest of the low income groups and the weaker segments of the society in West Bengal. This establishment has also enhanced financial assistance to the Self Help Groups in and around West Bengal. It is also known as the (W B S T C B) and headquartered in Kolkata.

We are one of the major banking establishments, playing a crucial part in execution of various schemes like the Rural Development, Fisheries and Agriculture. 

Shri M.V. Rao (Additional Chief Secretary, Department of Co-operation, Govt. of West.Bengal.), Shri. Manasij Mukhopadhyay (Managing Director) are the people who encouraged the creation of the The West Bengal State Cooperative Bank.

Banking Services offered by the West Bengal State Cooperative Bank

The banking service offered by the West Bengal State Cooperative Bank are given below as follows:     

  • SMS Alerts.
  • Net Banking.
  • Email Alerts.
  • E- Statements.
  • Mobile Banking.
  • Society Account.
  • Demat Accounts.
  • Locker Services.
  • Internet Banking.
  • Consumer Banking.
  • Utility Bill Payment.
  • Women's Account.
  • Insurance Services.
  • Cyber Fraud Alerts.
  • Demand Drafts (DD).
  • Debit Card Services.
  • Senior Citizen Account.
  • Customised Bank Passbook.
  • Personalised Cheque Book Facility.
  • Corporate salaries of different Hospitals and Organisation.
  • Government Schemes like PMJDY, PMSBY and the Atal Pension Yojana.

Loans and credit facilities provided by the West Bengal State Cooperative Bank

The loan and credit facilities offered by the West Bengal State Co-operative Bank are given below as follows:

  • Gold Loan.
  • Term Loan.
  • Vehicle Loan.
  • Housing Loan.
  • Property Loan.
  • Personal Loan.
  • Business Loan.
  • Education Loan
  • Mortgage Loan.
  • Consumer Loan.
  • Agriculture Loan.
  • Warehouse Loan.
  • Educational Loan.
  • New Entities Loan.
  • Overdraft against Term Loan.
  • Loan against Commercial Property.
  • Loan against Government Securities.
  • Loan advance to Commerce and Industries.

                              

The West Bengal State Cooperative Bank has 346 IFSC connected branches in India. Bank has branches in following states:

  • WEST BENGAL

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