FINANCIAL INSTITUTIONS : RUPEETIMES.COM
THE HP State Co-operative Bank Ltd.
To cater the financial needs of rural people co-operative banks came into existence. Earlier at the time of attaining independence of India in Himachal Pradesh there were three central co-operative banks - Mahasu Central Co-operative Bank, The Mandi Central Co-operative Bank Ltd. and The Chamba Central Co-operative Bank Ltd existed. Later in 1953 these three co-operative banks were merged and Himachal Pradesh State Co-operative Bank was established. As the State of Himachal Pradesh used to be the Union Territory and there were only 6 districts in the State therefore bank functioned as Apex bank as well as Central financing agency under 2-tier system in 6 districts of the State.
At present bank is performing dual function viz. that of Apex Co-operative Bank in Himachal Pradesh for the development of Co-operative in the State and that of a Co-operative Bank in 6 districts viz. BILASPUR, CHAMBA, KINNAUR, MANDI, SHIMLA and SIRMOUR. Through an affiliated District Central Co-operative Banks, i.e. The Kangra Central Co-operative Bank it is offering banking facilities in 5 districts viz. KANGRA, KULLU, HAMIRPUR, LAHAUL & SPITI and UNA. While in district SOLAN banking services are being offered through another affiliated District Central Co-operative Bank, The Jogindra Central Co-operative Bank as a District Central Co-operative Bank. Bank offers deposit facility and loans. Bank also has online banking facility.
The Himachal Pradesh Co-operative Bank has a network of 190 branches and extension counter. 94% of extension counters are in rural areas of the State and one branch is opened at New Subzi Mandi, Azadpur, New Delhi for the benefit horticulturists of the State.
Institution Info
Head Office THE HP State Co-operative Bank Ltd.
No. 1 bank Building
The Mall
Shimla - 171001
Himachal Pradesh
India
Website http://hpscb.com/
No. of branches 190
Customer Care Numbers BARMANA: (+91)-1978245036
BERTHIN: (+91)-1978266041
BILASPUR: (+91)-1978222542
KALLARI: (+91)-1978254043
Products / Services
THE HP State Co-operative Bank Ltd. Auto Loans
THE HP State Co-operative Bank Ltd. Home Loans
THE HP State Co-operative Bank Ltd. Fixed Deposits

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