Our History & Heritage
Founded on 30th January 1913, Ranaghat People's Co-operative Bank Ltd. has been serving the people of Ranaghat and Nadia district for more than a century. Established under the visionary leadership of Late Nagendranath Palchowdhury, President, and Late Harendra Krishna Dey Chowdhury, Secretary, the Bank was created with a mission to promote financial cooperation, economic progress, and community welfare.
Registered under Registration No. 1 dated 30.01.1913 and presently governed by the West Bengal Co-operative Societies Act, 2006, the Bank has built a strong reputation based on trust, stability, and responsible banking practices.
For over 100 years, Ranaghat People's Co-operative Bank Ltd. has played a significant role in supporting the economic development of the local community. Generations of customers have trusted the Bank for their savings, credit, and financial needs. This rich legacy continues to inspire our commitment to excellence and service.
Vision & Mission
Our Vision
"To be the most trusted and progressive co-operative bank in the region, delivering accessible, innovative, and responsible banking services that contribute to the financial well-being of our customers and the sustainable development of our community."
Our Mission
- To provide safe, reliable, and customer-focused banking services.
- To promote financial inclusion and encourage savings among all sections of society.
- To support local trade, business, agriculture, and entrepreneurship through responsible credit facilities.
- To uphold the co-operative principles of mutual trust, transparency, accountability, and service.
- To continuously adopt modern banking technologies while preserving our legacy of personal banking relationships.
Chairman's Message
"For more than a century, Ranaghat People's Co-operative Bank Ltd. has remained committed to serving the financial needs of our community with integrity and dedication. Our strength lies in the trust of our customers and members. As we embrace modern banking technologies, we remain firmly rooted in the co-operative values that have guided us since 1913. We thank our customers, members, employees, and well-wishers for their continued support and confidence."
Board of Directors
Ranaghat People's Co-operative Bank Ltd.Core Values
Trust & Integrity
Preserving customer trust remains our highest priority in all operations.
Customer First
Fostering long-term customer relationships with personalized support.
Transparency
Providing open and honest details on services, rates and schedules.
Financial Prudence
Managing depositor funds with the highest standard of safety and care.
Co-operation & Community Development
Promoting mutual welfare and local trade growth across Nadia district.
Milestones Timeline
Bank Established
Founded on 30th January 1913 under the leadership of Late Nagendranath Palchowdhury and Late Harendra Krishna Dey Chowdhury.
Registration No. 1
Granted Registration No. 1 under the Co-operative Societies Act, laying the cornerstone of banking in Nadia.
Computerized Banking
Migrated from physical ledger systems to automated computer configurations across the counter.
RBI Banking License
Awarded RBI Banking License No. UBD.WB 16/2010-11 to act as an authorized Urban Co-operative Bank.
Core Banking Systems
Rolled out digital Core Banking System (CBS) integrating operations and clearing structures.
Legacy of Trust
Continuing to serve generations of depositors with transparent policies, local support, and robust stability.
Bank at a Glance
| Established | 30 January 1913 |
| Registration No. | 1 (West Bengal Co-operative Societies) |
| Banking License No. | UBD.WB 16/2010-11 (Issued by Reserve Bank of India) |
| Head Office Address | 1, Rabindra Sarani, Ranaghat, Nadia, West Bengal - 741201 |
| Bank Type | Urban Co-operative Bank (RBI Licensed) |
| Area of Operation | Nadia District and surrounding areas in West Bengal |