State Bank of India( Bhopal Circle), Karmchari Sahakari Sakh Samiti Maryadit

(REGN.NO. MSCS/PR-133/2001) ISO 9001:2015 CERTIFIED SOCIETY

State Bank of India ( Bhopal Circle), Karmchari Sahakari Sakh Samiti Maryadit ,Bhopal , A Multi-State Co-operative Society,( Regd.No. MSCS /CR /133 / 2001 ) C/o : State Bank of India, Local Head Office, Hoshangabad Road, Bhopal - 462011

Highlights


  • Security & Aid Fund to deceased nominee increased from 1 Lakh to 1.5 Lakhs w.e.f. 01/10/2019 09/09/2019
  • loan amount increased from Rs 5 Lakhs to 7 Lakhs Payable in 144 installments w.e.f 01/10/2019 09/09/2019
  • The Society owns a Guest House worth market value of Rs. 15.00 crores (approx.) in Bhopal - “Sahayog Bhawan” for the use of its members 31.03.2019
  • Scholarship to meritorious wards of the members up to Graduation/Post Graduation level. 31.03.2019
  • Rs. 10000/- as gift to all retiring members. 31.03.2019
  • Rs. 1.5 to Rs. 7.00 lacs as payment to deceased member w.e.f. 01/10/2019 31.03.2019
  • In 1986 the Society was the first society in M.P. to attain full computerization 31.03.2019
  • The website of the society www.sbiksssbpl.com was launched on 20.09.2009. 31.03.2019
  • Society operates in the twin states of Madhya Pradesh and Chhattisgarh 31.03.2019
  • The only Society in the banking fraternity to have been awarded the ISO 9001 : 2015 certificate since April 2016 31.03.2019
  • Membership as on 31.03.2019 is 9260. 31.03.2019
  • Rs. 36.14 crore is the members deposit 31.03.2019
  • Rs. 15.00 crore is the authorized share capital 31.03.2019
  • Rs. 31.55 crore is the reserves and surplus fund of the society 31.03.2019
  • Rs. 14.04 crore is the paid up capital 31.03.2019
  • Rs. 85.31 crore is the working capital 31.03.2019
  • Rs. 77.00 crore is the amount of loan disbursed 31.03.2019
  • Rs. 02.33 crore is the accumulated profit 31.03.2019
  • Paying dividend to all the loanees and shareholders since 1987-88. From the year 2003 for the last 16 years, the society is paying dividend @ 10% which is much higher than the interest charged on loan by the society. 31.03.2019
  • For the last 43 years since its inception the Society is always in profit 31.03.2019

Location

About Us

S. B. I. Karmchari Sahakari Sakh Samiti Maryadit, Bhopal was registered in 1976 under M.P. Co-operative Society act 1960, there after with the formation of Chattisgarh State it attained the status of Multi-State Cooperative Society in 2001. The membership of Society consisting of serving employees of State Bank of India rose from a meagre 18 members on inception to 9260 members in the year 2019 and has the authorized share capital of Rs. 15 crore comprising of 60 lakh share of Rs.25/- each. Read More...