l;
 
 
 

careers

 
 
 
 
The Gayatri Coop. Urban Bank Ltd., Jagtial, Dist. Karimnagar (T.S) has started functioning from 11-09-2000 under Reg. No. 872/TDD/22/1/2000, RBI License No.UBD/HYD/AP/26P/24-05-2000, with 1008 members and Rs. 25,11,000/- share capital. With in short period, we could reach to 25688 membership, and 3,14,636 No’s Clientele Base and Rs. 34212.19 Lakhs deposits & 21360.24 Lakhs advances as on 31-03-2017.  Our Bank has classified as Grade – I by the Reserve Bank of India and it is also classified by the Statutory Auditors as Class – ‘A’.  The main objective of the Bank is to cater Banking needs to the poor, middle, Village, and Urban people and to fulfill the banking needs of the business people through our quick, prompt & transparent services.
 
 

 SHARE CAPITAL

 
The growth in share capital of the Bank since inception is as follows
Particulars
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Share Capital
47.00
58.52
75.61
246.84
346.81
529.78
640.62
794.42
1234.92
1802.14
Growth %
44.30%
23.51%
29.20%
226.46%
40.50%
52.76%
20.92%
24.01%
55.45%
45.93%
 

 DEPOSITS

 

The Bank is getting considerable growth in deposits since inception, which is the token of the trust among the depositors.

Since inception we are concentrating on Low cost & No cost deposits to reduce the interest expenditure. As on
31-03-2017 we have Rs. 14873.42 Lakhs CASA deposits. We are getting considerable growth in number of accounts by providing required color photos & Xerox at bank only to open new accounts without any extra charges.  As on 31-01-2017 we have 3,14,636 Clientele Base.

The growth of the deposits from last 9 Financial Years is as here under.

 
 
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Deposits
1554.57
2485.57
3533.24
5142.99
7305.13
10658.05
15156.44
22706.53
34212.19
Growth %
66.04%
53.46%
32.78%
45.56%
42.04%
45.89%
42.21%
49.81%
50.67%
 
     
 

 LOANS & ADVANCES

 
     
 

The Bank is issuing loans & advances mainly for the purpose of Agriculture, Business, Higher Education, Trade by hypothecating NSC/ KVP Bonds, LIC Bonds, Gold ornaments, Bank Deposits and fixed assets. Simultaneously we are concentrating on recovery mechanism also.  By regular follow-up on recovery we reduce Net NPA to 0%.

The growth in Loans & Advance from last 9 Financial Years is as follows.

 
 
 
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Loans & advances
920.59
1760.71
2624.01
3850.13
5049.34
6385.16
10176.46
14633.97
21360.24
Growth %
33.45%
91.26%
49.03%
46.73%
31.15%
26.46%
59.38%
43.80%
45.96%
 
     
 

 INVESTMENTS

 
     
 
For optimum utilization of surplus funds we are investing the funds in Nationalized and other approved Banks and generating income.

The growth in Investments of the Bank is as follows.
 
 
 
2008-09
2009-10
2010-11
2011-12
2012-13
2013 -14
2014 -15
2015 -16
2016 -17
Investments
734.03
824.35
1056.01
1917.70
2420.96
3284.81
4149.99
6707.38
11070.48
Grouth %
77.85%
12.30%
28.10%
81.60%
26.24%
35.68%
26.34%
61.62%
65.05%
 
     
 

 ASSETS & LIABILITIES.

 
     
 
With perfect planning & implementation we are strengthening in all aspects.

The growth in components of Assets & Liabilities is as here under.
 
 
LIABILITIES
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Share Capital

58.52

75.62

246.84

346.81

529.78

640.62

794.42

1234.92

1802.18

Deposits

1554.57

2385.57

3533.24

5142.99

7305.13

10658.06

15156.44

22706.53

34212.19

Reserves & Funds

125.89

174.69

125.94

224.75

262.13

373.07

453.78

675.30

862.95

Other Liabilities

193.91

524.93

731.45

1046.38

1179.63

421.22

272.44

300.10

731.56

Interest Payable

16.27

12.88

19.41

48.35

48.04

65.78

~

~

~

Estt. & Con. Payable

4.36

4.69

4.35

~

~

~

~

~

~

Profit

17.07

18.22

46.16

67.76

101.36

117.24

189.21

275.66

484.09

Total Liabilities

1970.59

3191.91

4707.39

6876.91

9387.15

12275.99

16866.29

25192.51

38092.97

 
     
 
Assets
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Cash On Hand

71.47

160.93

383.37

399.89

365.99

389.19

924.76

837.12

2086.39

Cash at Banks

79.66

179.23

400.51

454.10

698.08

684.64

749.83

1769.77

1636.24

Investments

734.03

824.35

1056.01

1917.70

2420.96

3284.81

4149.99

6707.38

11070.48

Loans & Advances

920.59

1760.71

2624.01

3850.13

5049.34

6385.16

10176.46

14633.97

21360.24

Int. Receivable on Loans & Investment

45.93

54.64

51.95

41.01

246.56

411.83

126.43

178.28

232.02

Furniture & Fixtures

116.01

210.63

155.48

192.64

442.74

586.34

639.81

915.18

1032.35

Other Assets

2.90

0.85

36.05

21.44

138.77

534.02

99.01

150.81

675.25

Total Assets

1970.59

3191.91

4707.39

6876.91

9387.15

12275.99

16866.29

25192.51

38092.97

     
 

 INCOME & EXPENDITURE

 
     
  We are gaining more profits by reducing the interest expenditure through procuring low cost & no cost deposits and utilizing the funds properly and also by concentrating mainly on non – interest income, we are earning more income on DD selling.

Income & Expenditure of the Bank since inception is as follows.
 
     
 
Income
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Interest on Loans

103.28

150.26

259.69

432.58

571.58

821.53

1165.57

1585.33

2509.09

Interest on Investments

63.20

86.9

86.35

148.33

242.19

233.99

336.88

462.78

755.58

Non Interest Income

11.84

15.03

9.99

17.09

14.68

21.95

24.04

65.68

124.03

Total Income

178.32

252.28

356.03

598.01

828.45

1077.47

1526.49

2113.79

3388.70

 
     
 
Expenditure
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Interest on
Deposits

84.24

138.66

209.54

337.36

444.87

580.99

903.27

1199.52

2007.83

Establishment
 Charges

18.35

20.46

15.99

39.82

59.79

98.36

124.16

192.55

232.72

Contingent Charges

26.75

42.91

40.91

108.45

162.90

175.19

198.35

317.78

499.27

Depreciation on Furniture & NPAReserves

24.00

25.11

34.63

43.29

55.00

105.69

104.79

113.44

164.77

Income Tax

7.91

6.92

8.80

1.33

4.53

~

6.71

14.84

~

Profit

17.07

18.22

46.16

67.76

101.36

117.24

189.21

275.66

484.09

Total Expenditure

178.32

252.28

356.03

598.01

828.45

1077.47

1526.49

2113.79

3388.70

 
     
 

 ADDITIONAL SERVICES

 
 
SERVICE HOURS
  We are providing the very convenient banking hours to the business, village & urban people
 
 

Monday to Friday        :Morning: 10-00 a.m. to 7-00 p.m.
                                   

 

Saturday                     : Morning: 10-00 a.m. to 2-00 p.m.

  RUPAY ATM/DEBIT CARD FACILITIES:
 

We are providing ATM services and Debit Card services through RuPay Debit Card.

 

CTS CLEARING:

 

We are providing CTS CHEQUES as per CTS-2010 standards as prescribed by Resrve Bank of India.
And we are providing CTS Clearing Services at all our Branches through CTS Clearing House, Chennai..

 

Direct Cash Benefit Transfer Scheme:

 

We are providing the Direct Cash Benefit Transfers through Aadhaar Seeding under National Financial Switch. i.e, Our Account holder can get directly the subsidies of different Government Schemes through Aadhaar Number. We have Mapped 171474 Accounts in NPCI as on 31-03-2017, and stood at 1st place in Co-Operative Urban Banks in India

  NACH Debit & Credit Services
 

We are providing National Automated Clearing Services under National Financial Switch.

 

Mobile Banking Services & IMPS:

  We are the First Co-Op Urban Bank in our State, got Mobile Banking License. We are providing Mobile Banking & IMPS (Immediate Payment System).
HELP DESK
 
In order to guide the illiterate people we have arranged help desk at the Bank Entrance. At this help desk the customers can get required information about their own accounts and can get their A/C statements.

The required vouchers are being written and guided to which counter they have to go as per their requirement

The main intention behind this counter arrangement is that, our customer should not to feel any inconvenience during their bank visit.
SMS BANKING
 
To facilitate very transparency service to the depositors, firstly in the co-operative banking in the state we are providing SMS Banking facility by Which a message goes to the given mobile number of the customers after every transaction of his/ her account with the transaction & balance details and also the depositor can know their account balance and mini statement at any time through his registered number mobile.
ONE LAKH ACCIDENTAL INSURANCE
 
We are providing One Lakh accidental insurance to Gayatri Nirbhaya Saving Account holders. Under this coverage we have so far given the insurance amount to many families of Gayatri Nirbhaya Saving Account holders who met with accidental death.
FREE FACILITY OF PHOTO & XEROX
  Since most of our customers are poor & middle we are providing required color photos & Xerox at Bank only to open new accounts with out any extra charges.
NO FRILL ACCOUNTS
 
To realize the scholarship cheques of students we are offering no frills accounts to students.
LOCKER FACILITY
 
We are providing the safest locker facility to the town & rural people to keep their valuable articles without insisting any caution deposit.
DD COMMISSION
  We are selling DD’s with less commission i.e. @0.05% per, which is not being offered by any other Banks in the town and also we are charging very less amount in cheques clearing.
a RTGS:
 

We providing RTGS facility to our customer with less commission as per RBI instructions.

A BRANCHES:
 

We have Head Office at Jagtial & Fifteen Branches at

1. Jagtial

2. Jammikunta

3. Korutla

4. Vemulawada

5. Karimnagar

6. Mancherial

7. Nizamabad

8.Metpally

9. Hanamkonda

10. Dharmaram

11. Siddipet

12. Siricilla

13. Raikal

14. Kamareddy

15. Dilsukhnagar

16. Armoor

17. Dharmapuri

18. Nirmal

19. Husnabad

Shortly we are going to Open Branches at

Boduppal & Meerpet.

With Effect from 01-03-2016, we have merged "Samatha Mahila Co-Op Urban Bank Ltd.," as Dilsukhnagar Branch, at Hyderabad..

We have introduced Core Banking Solution(Online Service) to utilize the Banking services at any of our Branches.

COMPUTERIZATION
  We have introduced fully computerized transactions by which we are serving our customers quickly & promptly
BOARD MEMBERS
  Since our well educated board members are taking decisions from time to time as per the competitive market position. We are steadily standing in the heavy competition in market along with the nationalized and corporate banks.
EMPLOYEES
  We are used to train our staff from time to time about upcoming technology & methods to update & improve their skills.

With our employees dedicated & honesty services to the customers we are getting more cliental base & business.

AWARDS

Bagged “SKOCH Order of Merit 2016” Award in “Business Leader Ship, Segment Leadership, Customer Service – Cooperatives” Category, and received the Award at SKOCH Summit at BSE, Mumbai on 8th June 2016.

BaggedSKOCH Order of Merit Award in “Business Leader Ship – Cooperatives” Category, and received the Award at SKOCH Summit and B.S.E -140 Years of Celebrations in Mumbai on 11th June 2015.

Recognised as Best Cooperative Urban Bank by National Cooperative Union of India(NCUI), New Delhi and received the "Award of Excellence" for significant contribution in Cooperative Sector, at 16th Indian Cooperative Congress held on 25th & 26th June 2013 at New Delhi.

Appreciated by A.P. State Co-Operative Urban Banks Federation, Hyderabad for "Zero" NPA on the occasion of Dashabdi Utsavam of A.P. Federation and Received the Award from Sri K.V. Krishna Reddy Garu Minister for Co-Operation, Andhra Pradesh.

We have won the "Frontiers in Co-Operative Banking Awards" for the year 2016 in National level, announced by Banking Fronties.

We have won the "Frontiers in Co-Operative Banking Awards" for the year 2015 in National level, announced by Banking Fronties.

We have won the "Frontiers in Co-Operative Banking Awards" for the year 2014 in National level, announced by Banking Fronties.

We have won the "Frontiers in Co-Operative Banking Awards" for the year 2013 in National level towards "Best Credit Rating ", "Best Youth CEO", "Best Chairman" category announced by Banking Fronties.

We have won the "Frontiers in Co-Operative Banking Awards" for the year 2012 in National level towards "Best Outsourcing Project " category announced by Banking Fronties.

We have won three "Frontiers in Co-Operative Banking Awards" for the year 2011 in National level towards "Green Intiative ", " Excellence in NPA Management " and " Excellence in Customer Service and Marketing" categories announced by Banking Fronties.

We have won two "Frontiers in Co-Op. Banking Awards" for the year 2010 in National level towards "Human Resource Development "and " Reserve Bank of India Compliance" categories announced by Banking Fronties.

We stood at First place in India for" Income Ratio" in small Banks Category and won the "Frontiers in Co-Op.Banking Award" for the year 2009 in National Level which was announced by Banking Frintires.

We should Second place in Small Banks Category and won the "Achievers in Co-Operative Banking Award" for the year 2009. We have received the Award form Union Labour monister at the occasion of All India Achievers Summit at New Delhi.

IDEOLOGY

  We commit to serve our customers in a friendly atmosphere by thinking in customer angle as well as by using upcoming technology from time to time.
VISION
  Our vision to provide economical support to the poor & middle class people all over in India by expanding our services to the different location in India and to reach every people who are in need of Banking Services.
 
 
 
     
 
Home | About Us | Board Members | Bank Objectives | Progress Report | Schemes | Interest Rates | Accounts Opening | Contact Us
 
© 2008 The Gayatri Co-Operative Urban Bank Ltd. All Rights Reserved.   - Rapid Infoway -