About Us

The Sitamarhi Central Co-operative Bank was registered under Bihar & Orissa co-operative Societies Act. 1935 bearing registration number 44 M on 30th January 1958.

Bank commenced its banking operation on the same day. License for operation of the bank was granted by Reserve Bank of India vide letter no. RPCD/DCCB/PAT 15/2011-12 on 30th March 2012 under section 22 of the BR Act 1949 (AACS).

The area of operation of bank covered two districts viz Sitamarhi & Sheohar of Bihar State all together 326 PACS (Primary Agriculture Credit Co-operative Societies) are affiliated with the bank out of which 273 from Sitamarhi & 53 from Sheohar district. Apart from PACS there are various other spl. Type Co-operative Societies like fishermen societies and weavers societies are also affiliated with it.

Vision

The Bank has presently 13 branches which is likely to revised by opening new branches. The Bank has got Liecence from RBI to do banking business. The despositor's money is Insured by deposit guarantee scheme by RBI.