West Bengal State Co-Operative Bank Banking Services and Codes

West Bengal State Co-Operative Bank offers a range of banking services to cater to the diverse needs of its customers.

The bank provides services such as deposit accounts, loan facilities, and remittance services. Its services are designed to be convenient and accessible to all.

With a vast network of branches and ATMs across West Bengal, the bank ensures that its customers have easy access to banking facilities. This makes it a preferred choice for many residents and businesses in the state.

The West Bengal State Cooperative Bank has a rich history, dating back to 1918 when it was founded as the Bengal Provincial Co-op. Federation Ltd. This was later changed to its current name in 1967.

At present, all the cooperative banks in West Bengal are members of the West Bengal State Cooperative Bank Ltd. This makes it a central hub for cooperative banking in the state.

The bank has three regional offices located at strategic locations, including Coochbehar, Barasat in the district of 24 Parganas (North), and Diamond Harbour in the district of 24 Parganas (South).

The West Bengal State Cooperative Bank has a rich history, dating back to 1918 when it was founded as the Bengal Provincial Co-op. Federation Ltd.

It was later renamed in 1967 to its current name, the West Bengal State Cooperative Bank Ltd. This change marked a significant milestone in the bank's evolution.

All cooperative banks in West Bengal are members of the West Bengal State Cooperative Bank Ltd, making it a central entity in the state's cooperative banking system.

The bank has three regional offices, located at Coochbehar, Barasat in the district of 24 Parganas (North), and Diamond Harbour in the district of 24 Parganas (South).

WBSTCB is a community-driven organization that aims to bring people together through shared interests and passions.

The organization was founded in 2015 with a mission to create a safe and inclusive space for individuals to connect and learn from one another.

One of the key goals of WBSTCB is to provide access to educational resources and opportunities for its members.

WBSTCB has a strong focus on community engagement and outreach, with a team of dedicated volunteers who work tirelessly to promote the organization's mission.

The organization's events and activities are designed to be inclusive and welcoming to people of all ages and backgrounds.

WBSTCB has a diverse range of members, with individuals from various professions and industries contributing to the community.

The West Bengal State Cooperative Bank Limited, also known as WBSCB, has a rich history dating back to 1918 when it was registered as Bengal Provincial Co-op. Federation Ltd.

WBSCB has undergone a name change in 1967, adopting the name that is still used today.

The bank has successfully expanded its customer base through its customer-focused approach and continuous innovation.

For 86 years, WBSCB has maintained its popularity by adopting an open and informal culture.

WBSCB has been involved in various developmental projects, providing banking services to the masses.

The West Bengal State Co-Operative Bank offers a range of banking services to its customers.

The bank provides basic banking services such as savings accounts, current accounts, and fixed deposits. These accounts can be opened with a minimum balance requirement of Rs. 100.

The bank also offers loan facilities to its customers, including personal loans, home loans, and education loans. The interest rates for these loans vary depending on the type of loan and the borrower's credit history.

The West Bengal State Co-Operative Bank has a large network of branches across the state, making it easily accessible to its customers.

The WBSTCB Passbook is a vital document that every account holder should be familiar with. It contains information about the bank branch, the account holder, and the transactions that take place in the account.

You can find the IFSC and MICR codes on the first page of the West Bengal State Cooperative Bank passbook.

The passbook also includes the branch name, address, and phone number. This information can be useful if you need to contact the bank directly.

The account holder's name and address, account number, customer ID, and other details are also listed in the passbook.

The WBSTCB chequebook is a crucial tool for managing your finances. It's where you'll find the IFSC and MICR codes of the branch, which are also printed on every cheque to authenticate the instrument.

The IFSC code is printed at the top of the cheque, while the MICR code is printed at the bottom beside the cheque number. This ensures that your cheques are valid and can be processed smoothly.

Having the IFSC and MICR codes readily available can save you time and hassle when dealing with your bank or financial institution.

Transferring money via NEFT/RTGS is a convenient option at many banks, including West Bengal State Co-operative Bank (WBSCB).

Both NEFT and RTGS channels are maintained by the RBI, which means they are fast and secure.

At WBSCB, customers can use these channels to settle their payments.

Electronic fund transfers can be done either to individuals or organizations.

These channels are widely used and reliable, making them a popular choice for money transfers.

The West Bengal State Co-Operative Bank has two unique codes: the IFSC code and the MICR code. The IFSC code is a 11-character coding system developed by RBI to recognize and identify all bank branches in India.

The IFSC code consists of three parts: the first four characters are alphabets and denote the bank code, the fifth character is a zero (0), and the last six characters indicate the branch code. For example, the IFSC code for the Beliaghata branch is WBSC0000005.

You can find the IFSC code printed on the cheque books issued by the bank, or use online platforms like IndiaLends to easily find the IFSC and MICR code for any branch of the bank.

Here's a breakdown of the MICR code for the Beliaghata branch: 700 is the city code093 is the bank code006 is the branch code The MICR code is used to validate the authenticity of the instrument and speed up the electronic cheque clearing process called ECS.

The MICR code is a 9-digit code used to validate the authenticity of cheques and speed up the electronic clearing process. It's printed on cheques using Magnetic Ink Character Recognition technology.

The MICR code is divided into three parts: city code, bank code, and branch code. The West Bengal State Cooperative Bank MICR code is 700093006 for the Beliaghata branch.

Here's a breakdown of the MICR code:

Not all bank branches have a MICR code, and those that don't use a manual cheque clearing process.

The Indian banking system relies on unique codes allotted by the Reserve Bank of India (RBI) to every bank branch in the country, facilitating and streamlining online fund transfers between two bank accounts located in any state, district, or city.

The Indian Financial System Code (IFSC) is a unique 11-character coding system developed by RBI to recognize and identify all bank branches in India. It consists of three parts: the first four characters are alphabets and denote the bank code, the fifth character is a zero (0), and the last six characters indicate the branch code.

The IFSC code is used when transferring funds online from one bank account to another, and it initiates the process of sending funds online to other bank accounts. You need to enter the correct bank account number and IFSC code of the beneficiary's bank to send money to their account through the internet.

The account details are identified based on the IFSC code and account number. Entering wrong information can affect the transaction in two ways: the amount might be credited to another person, or the transaction might fail.

You can find the IFSC and MICR codes for any West Bengal State Cooperative Bank branch printed on the cheque books issued by the bank, or via IndiaLends, which provides information in a very easy format.

Here are the three parts of the IFSC code:

The West Bengal State Cooperative Bank customers can transfer fund using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement System (RTGS) as well as IMPS platforms.

A balance check number is a way to quickly check your account balance without having to visit a bank branch. You can use it to stay on top of your finances and make informed decisions.

You can dial a specific number to check your balance. For example, the West Bengal State Cooperative Bank provides a quick balance inquiry number, which is *99#.

If you need assistance with anything related to the West Bengal State Co-Operative Bank, you can reach out to their customer care team.

The bank has multiple customer care numbers that you can use, depending on your location and preferences.

Their head office customer care number is 6290829907/08/09/10, and you can also try calling 033 2248-8491 or 033 2248-8492 for more assistance.

If you're having trouble reaching them, you can also try calling 033-22488692 or 033-22480874.

The West Bengal State Co-operative Bank has a rich history, dating back to 1918. It's been serving the community for over a century.

The bank is registered as an Apex Co-operative Society and has its primary area of operation in West Bengal, providing short-term agricultural loans and a range of services to the sector.

The bank has a network of 43 branches and is based in Kolkata, West Bengal. It's financed by NABARD and the Department of Cooperation, West Bengal.

Here's a breakdown of the bank's financial performance:

The bank has achieved a net profit of Rs 186.82 crore as of 31st March 2024, beating all its past records.

The West Bengal Co-operative Co. Bank (WBCCB) has a long history, dating back to 1918, when it was first established. It's amazing to think about how far the banking industry has come since then.

The WBCCB is registered as an Apex Co-operative Society, which means it's a type of cooperative bank that's authorized to operate at the state level. This is a unique structure that allows it to provide specialized services to the agricultural sector.

One of the key services offered by the WBCCB is the provision of short-term agricultural loans. These loans are designed to help farmers and agricultural workers cover the costs of planting, harvesting, and other expenses.

The bank also has a range of other services, including locker facilities, bank guarantees, and bill discounting services. These services are designed to help farmers and agricultural workers manage their finances and grow their businesses.

Here are some key facts about the WBCCB's operations:

The West Bengal State Cooperative Bank has truly made a remarkable turnaround in its banking operations. It achieved a net worth of Rs 933 crore in the 2023-24 FY.

The bank's financial parameters have seen a significant growth, with a business mix of around Rs 25,000 crore. This is a testament to the bank's ability to expand its services and reach a wider customer base.

The bank's net NPA and gross NPA levels have decreased from 1.29 percent and 4.98 percent in the previous year to 1.02 percent and 4.81 percent respectively. This is a great achievement, as it indicates that the bank is managing its risk and improving its financial health.

Deposits have increased by 26 percent, from Rs 11,015 crore to Rs 13,878 crore, while advances have grown by 10 percent, from Rs 10,081 crore to Rs 11,047 crore.

At WBCSB, customers can transfer funds to other NEFT-enabled accounts, making it an economical option with lower charges for outward remittances.

The charges for inward remittances are usually zero.

There are no minimum or maximum limits set for a NEFT transaction, except that a single transaction cannot exceed Rs. 50,000.

Transactions are cleared in batches at specific points of time, set by the RBI, and are processed 11 times on a weekday and 6 times on a Saturday.

The West Bengal State Co-Operative Bank has a strong presence in the state, with a network of branches and services that cater to the needs of its customers.

You can reach out to the bank's headquarters in Kolkata, which is located at 4, R.N. Mukherjee Road, Kolkata - 700001.

Their customer care number is 033 2236 7777, and you can also email them at [[email protected]](mailto:[email protected]).

The bank's website is a valuable resource for information on services, products, and policies, and can be accessed at wbstatecoopbank.coop.

You can also visit the bank's website to find the nearest branch or ATM, and to get in touch with their customer service team.