Brief History of Our Bank

The BALAGERIA CENTRAL CO OPERATIVE BANK LTD. is one of the District level Central Cooperative Banks incorporated under The West Bengal Cooperative Societies Act, 1940. Since its inception, the Bank has been playing a pivotal role in transforming the agrarian economy of the State by catering credit requirement of the farm families. The Bank leads the Short Term Cooperative Credit Structure (STCCS) comprising more than 128 cooperative Societies at the grassroots level, the Bank has been implementing various plans and programs of the State Government meant for agriculture production and productivity including allied agriculture with rural development. The Bank has a network of 12 Branches including Head office spread across the Purba Medinipur District of West Bengal. The PACS are also being transformed as One Stop Shop to provide all the requirements of the farm families under one roof. The Bank has also facilitated organization and credit linkage of Joint Liability Groups (JLGs) and Self Help Groups (SHGs) to meet the credit requirements of the sharecroppers, and oral lessees and for Women.

The Bank has firm commitment for the prosperity of rural agriculturists, artisans unemployed youth financial backward women, small Businessmen, Salary earners to upgrade their life style etc.
The Bank has established its own Data Management Centre which is presently linked with all the Branches and viewing for Connecting the linkage with Deposit Mobilisation PACS first and also on the way of opening ATM(s) within a short Span of times.

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