Bassein Catholic Co-op. Bank Ltd is nearly a century old bank in India. It was organized as Credit Co-operative Society by Rev. Msgr.P.J.Monis in order to serve people of Vasai. It was established on 6th February 1918. With the assistance of special social activist in Vasai, it came into being. Vasai had large Christian population. It has a good history of its operations. In the year, March, 1986, the Credit Society was converted into an Urban Co-operative Bank. On 1st December 1990, it was granted the prominent status of a Schedule Bank by the Reserve Bank of India.
Catholic Co-op. Bank Corp Office Address
Bassein Catholic Bank
Building Papdy Naka.
Bassein Catholic Bank Contact Number: 0250-2322053 / 0250-2323449
Bassein Catholic Bank Official Website: http://www.bccb.co.in/
Ever since, it has grown manifold. It is registering deposit growth from 65.58 crore in 1990 to 2192.58 crore in 2011 and has also registered advances growth of `39.58 crore to `1383.45 crore during the same period. The Bank received a profit of 53.22 crores. It has been victorious in reducing gross NPA to 2.46% with net NPA 0%.
Bassein Catholic Co-op Bank is lucky to register net growth of `345.54 crore the Bank has maintained industry best CRAR of 18.79% as on 31.03.2011. The bank is looking to have higher targets of business of more than 5000 crores in couple of years. Currently it has 85000 active members.
It has several awards like Best Urban Co-op.Bank for the year 2004-05, 2005-06, 2006-07 and 2007-08 by The Maharashtra State Co-operative Bank’s Association Ltd., Mumbai. It was also chosen as best Urban Co-op.Bank for the year 2007-08 having deposits above 500.00 crore by The Maharashtra Urban Banks Federation Ltd., Mumbai. Apart from this, it has been given, ‘The Best Performing Co-op.Bank’ Award 2008-09. 2nd position from All India, 1st position from Maharashtra State and 4th highest deposits holding Co-op. Bank in India by INDIAN ACHIEVERS FORUM, New Delhi. Besides this, it has Banking Frontiers Year 2011 Award for Excellence in Recovery & NPA Management in large Urban Co-Operative Banks Category. At present, the Bank has 28 branches with 22 ATMs. It has shortly opening another 5 branches.
It is also credited to be first co-operative Bank in Vasai region who offers RTGS/NEFT services to its customers. The Bank also offers document franking services, SMS alert and multicity cheques facilities to its customers. Credibility about the bank is RuPay ATM Card the Bank has established access to more than 80000 ATMs of other banks all over India.
This Bank is known for its best customer service, faith and self-assurance of both its shareholders as well as customers. At present it is led by Domnic D’mello the President, Gregory D’mello-Vice President and Crijos Barretto-General Manager. Bassein Catholic Bank takes care of and encourages co-operation in true sense among all sections of the society.
Internet Banking is one of the most interesting aspects of this bank. Today Internet Banking has made all lives much easier and accessible for people. Customer Care support is very effective. One does not need to rush from one place to another. All that one needs to do is go to the official website and interact freely. A customer can make an online complaint too. All information about Indian bank can be traced out by logging on http://www.bccb.co.in/. Indian Bank has various categories which can address to the needs of people. Mobile Banking, Phone Banking, Credit Cards, Debit/ ATM Cards, all can be easily traced online and has become very user friendly.
Besides this, there are many plus points of this bank which would be only be known when a customer logs on to it.
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