ಶಿವಮೊಗ್ಗ ಜಿಲ್ಲಾ ಸಹಕಾರ ಕೇಂದ್ರ ಬ್ಯಾಂಕ್ ಲಿಮಿಟೆಡ್
Shimoga District Co-op Central Bank Ltd
kn ಕನ್ನಡ
kn ಕನ್ನಡ

About Bank

About Us

Established in 1953, Shimoga District Co-Operative Central Bank (DCC Bank) has served as a foundational institution for financial empowerment and economic development in Shivamogga District. With a legacy spanning decades, the bank has solidified its position as a trusted entity dedicated to promoting economic prosperity and advancing the growth of rural and urban communities alike.

With a robust network of 29 branches, Shimoga DCC Bank ensures accessibility to banking services across the district. These branches are strategically positioned to cater to a diverse customer base, offering personalized solutions that meet the unique financial needs of individuals, farmers, small businesses, and larger enterprises. The inclusion of a dedicated clearing service branch further underscores the bank’s commitment to operational efficiency and streamlined service delivery.

Our Vision

To empower communities by fostering financial inclusion, promoting sustainable agricultural practices, and supporting the economic growth of diverse sectors.

Our Mission

To provide timely, innovative, and accessible financial solutions through modernized banking platforms, ensuring customer satisfaction and socio-economic progress.

Commitment to Customer Service

The bank stands out for its dedication to delivering prompt, reliable, and innovative financial solutions. Whether through its advanced digital services or community-driven initiatives, Shimoga DCC Bank continues to play a pivotal role in the socio-economic development of Shivamogga District.

Key Highlights

  • Focus on Agriculture: Since inception, Shimoga DCC Bank has prioritized financing the agricultural sector, addressing the unique credit needs of farmers through the Primary Agricultural Co-operative Societies (PACS).
  • Government Partnerships: Actively participates in various government-sponsored schemes, including:
    • Kisan Credit Card (KCC)
    • Self-Help Groups (SHG)
    • Kayaka and Badavara Bandhu Programs
    • Animal Husbandry and PM Swanidhi Schemes
  • Diversified Lending: Beyond agriculture, the bank finances non-farm sectors, including housing, vehicle loans, industrial loans, and more, ensuring a well-rounded contribution to the district’s economy.
Modern Banking Services

Shimoga DCC Bank has embraced technological advancements, operating on a Core Banking Platform since 2014. Key services include:

Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT)

Inter-branch banking and "Any Branch Banking" connectivity

ATM and RuPay Debit/Kisan Cards

SMS alerts, Aadhaar Payment Bridge System (APBS), and National Automated Clearing House (NACH)

Specialized Banking on Wheels services

Achievements
Issued 104,250 cards to PACS members, with Rs. 1026.76 crores advanced under this scheme in 2023-24. Crop insurance coverage ensures the security of borrowers.
Kisan Credit Card Initiative
Extended Rs. 449.60 crores to support non-agricultural sectors, promoting balanced growth across industries.
Non-Agricultural Financing
As of March 31, 2024, the bank has mobilized Rs. 1462.78 crores in deposits and achieved Rs. 1476.36 crores in outstanding loans.
Financial Milestones
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