31.12.2012 | Harmesh Gupta
The Bharat Co-operative bank was earlier known as Bharat Bank and was earlier established in the year 1978 as per the license. The Bharat co-operative bank has been functioning keeping in mind all the rules and regulations set by the Reserve Bank of India for co-operatives. Considering the progress co-operatives in India have done so far Bharat is leap ahead. It has made sure to move with other nationalised banks as far as trends are concerned and they are willing to go that extra mile to make sure that the banking experience of the customers’ is at par with that of other nationalised bank customers’. The bank has posted a profit of nearly 60 crores which is commendable for a co-operative with a strong customer base of 12 lac people. The bank branches are restricted to the states of Maharashtra and Karnataka.
REGISTERED OFFICE & SERVICE BRANCH
Mohan Terrace, 64/72,
Mody Street, Fort,
‘MARUTAGIRI’ Plot No. 13/9 A, Samant Estate,
Sonawala Road Goregaon(E),
Contact us at
Official Website : http://www.bharatbank.com/
This bank has all the possible facilities that a modern customer would look for in a bank. Starting with they have a brilliant deposit features. The savings account offers a range of features which include locker and nomination of account and locker; they have ATMs, cheque book facility, anytime banking, internet banking, any branch banking, ECS facility, RTGS facility for fund transfers etc. They also have options to make demand draft, pay orders, and telebanking services to provide more convenience to the customer. They also offer current accounts for smaller corporates and commercial establishments. They offer a range of government financial products that one can invest in like fixed deposits, recurring deposits etc. They also have a Premium savings account etc. for the special customers who need more assistance and wish to get better specialised services being esteemed customers. Being smaller banks they also offer smaller schemes like balbhavishya etc. in attempt to provide bigger securities in life. They also provide with loans and advances at lower interest rates, much lower than nationalised and private banks. The bank provides loans and advances for home, housing, construction, commercial activity, industry building, agriculture, education, child planning, etc. Full-fledged foreign exchanger services are also available for residents, non-residents, students, travellers, gifts etc.
Internet banking the modern mantra of banking is also a feature of this co-operative bank. It provides all assistance with cheque books, account statement, RTGS and NEFT transfer, deposit facilities, fund transfers to third party or intra bank, investment of financial services etc. They have a secure system which does not let your funds get out of place or out of sight. The bank has been performing very well. It has been registering great profits and a great growth. Their website makes the customer’s life simple with all the forms being downloadable. This helps the customer download the form and use it and apply for facilities at their own conveniences.
For investors and other records the annual reports are freely available. Customers want to know where their money lies and hence free access to reports is available on the websites. The bank can be in Maharashtra and Karnataka on their respective branch phone numbers as given on http://www.bharatbank.com/branches.htm and at the same time one can also contact the bank for any sort of grievances in services or otherwise on the following firstname.lastname@example.org. The staff of the bank is more than helpful and prompt. It is always available to deliver the best to its customers. The key element being that the bank has kept in touch with the developments in
technology and offered the same things that other nationalised banks in the country have offered making them one of the fastest growing co-operatives. It is surely going to be amongst best in upcoming days.