About Us

About

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Years of Experience

Started functioning on 20th Feb 1916 as a co-operative society.

About Cherpalcheri SCB

Our Journey Through the Years

Cherpalcheri Co-operative Urban Bank Ltd has been a pillar of financial trust and community development since 1916, helping individuals and businesses achieve financial stability through reliable banking services.

The Cherpalcheri Co-operative Urban Bank Ltd. was registered on 17th December 1915 and began operations on 20th February 1916 as a co-operative society. It was upgraded to an Urban Co-operative Bank on 1st July 1937 and started functioning in this capacity on 28th March 1938. The main branch is located at Cherpalcheri and operates under the administrative control of the Co-operative Department and the statutory supervision of the Reserve Bank of India.

Over the years, the bank has shown steady growth and strong performance. It currently has 15,861 members, around 28,663 deposit holders, and 12,305 loan customers. The bank manages deposits worth ₹10,357.50 lakhs and loans totaling ₹7,828.06 lakhs, with an annual business turnover of ₹673.54 lakhs, reflecting its financial strength and customer trust.

Securing Your Savings: Cherpalcheri Co-operative Urban Bank Ltd. Registered with DICGC for Depositor Protection

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Building Financial Strength Together

Experience dependable banking services, easy loan solutions, and secure financial support designed to help you achieve stability and long-term growth.

Our Vision

To be a trusted and progressive co-operative bank delivering innovative financial solutions while empowering the community and fostering sustainable economic growth.

Our Mission

To provide reliable, customer-focused banking services, promote financial inclusion, support local development, and maintain transparency, trust, and excellence in all operations.

Our Motto

Experience modern banking with Urban Bank, where your savings grow securely, transactions are easy, and your future prospers.

Deposit Schemes

Secure your today for a worry-free tomorrow

Choose from our deposit schemes with attractive returns, flexible tenures, and convenient options to grow your savings securely.

Savings Account

Open savings account with ₹1000 minimum, secure, convenient, and flexible.

Current Account

Current accounts for businesses, cheque-enabled, convenient, non-interest operations.

Fixed Deposits

Deposit ₹1,000+, flexible tenure, attractive interest, loans available, premature withdrawal permissible.

Recurring Deposit

Deposit ₹1,000 monthly, earn interest, flexible tenure, loans available.

Daily Deposit

Save small daily amounts easily with doorstep collection for security.

Other Deposits

Special Term, Staff Security, Provident Fund, Santhan Suraksha, Jubilee Deposits.

What we’re offering

Flexible Loans to Meet All Your Financial Needs

Choose from personal, business, staff, and housing loans with competitive interest rates, quick approval, and easy repayment options tailored for you.