Plot No.F2, Hanuman Nagar,
Chaitanyapuri, Hyderabad – 500 060
CHAITANYA Bank is now ranking as “one of the leading & fast growing” Urban Co-operative Banks in the State of Telangana. The Bank has attained this premier position due to the confidence reposed by the esteemed members and customers in the Management of the Bank on the one hand and running the Bank on sound principles without compromising with the spirit of Co-operative Principles and by strict compliance to the Directives issued by the Reserve Bank of India from time to time.
The motto of the Bank is to extend a “better quality” of customer service and to assimilate and implement innovative methods with a firm commitment to achieve its goals.
Due to introduction of CBS the customers are extended with uninterrupted Banking services from 10.00 a.m to 5.00 p.m on all working days.
Genesis
On 13-07-1997 a group of eminent people assembled at Dilsukhnagar and decided to start a Co-operative bank under the Chairmanship of Sri B Venkateswarlu by raising a share capital of Rs. 30.00 lakhs from 2000 members. As a result The CHAITANYA Co-operative Urban Bank was formulated at Dilsukhnagar. Main principles of the Bank were good customer service, transparent management and helping the economically weaker section in improving their financial status by providing loans for self employment schemes.
Bank is located in prime locality on the main road of Chaitanyapuri, which is adjacent to Genius Grammar School. It is on Chaitanyapuri to Dilsukhnagar Road. The aim of the bank is to extend quality service and develop confidence in the minds of customers.
Chaitanya Co-operative societies is registered wide its Registration Number TB NO.479 Dated 18-12-1997. CHAITANYA Bank is licensed by Reserve Bank of India wide its Permission Number UBD AP 1549 P Dated 13-02-1998
The CHAITANYA Co-operative Urban Bank Limited is located in a well Developed Commercial and Residential area of Chaitanyapuri, Hyderabad, The Bank is graded as “A” grade Bank and it is being managed by Experienced Business persons and Ex-Bankers. The Bank has been functioning without compromising the spirit of Co-operative principles, while at the same time striving to assimilate and implement newer methods of work Organization and Management, with a firm commitment to its objectives.
Registration and Commencement of Bank Operations
The CHAITANYA Co-operative Urban Bank Ltd. (popularly known as CHAITANYA Bank) was registered as a Primary Co-operative Urban Bank on 13-02-1998. The Bank has commenced its operations on 17-08-1998.
Mission of The CHAITANYA Co-operative Urban Bank Ltd
To be an ethically based, efficiently managed, financially sound Urban Co-operative Bank, providing need based quality customer service by committed and dedicated workforce by introducing innovative banking products using state of the art technology and thereby strengthening the banking sector in general and urban co-operative banking sector in particular.
Vision of The CHAITANYA Co-operative Urban Bank Ltd
To be the top most cooperative bank in the country providing able leadership to the cooperative structure for achieving a sustained growth and upliftment of the small and marginal farmers and rural masses implementing the objectives of financial inclusion.
CHAITANYA Bank aims to promote a sound, strong and vibrant cooperative credit structure in Telangana State embedded with latest technology and computerization, providing innovative and affordable banking products so as to be an active partner in the progress of the state and contribute to its economic and social development.
