The West Bengal State Cooperative Bank

The West Bengal State Cooperative Bank Limited (WBSCB) was earlier known as theBengal Provincial Co-op. Federation Ltd. It was registered in the year 1918 and continues to give its customers innovative and newly developed products to keep their money safe. Operating since the past 86 years the bank has developed a market of customers for itself. Despite being unlike the scheduled banks, the WBSCB has made sure to move ahead with times and give it client base good returns for their savings and deposits despite the fact that its goal is to maintain a social cause of upliftment. The goal of the WBSCB is to develop and promote agriculture and agriculture lending in the entire state of West Bengal through a systematised and professional experience for the farmers. It targets mainly the underprivileged population of the society in fund assistance for farming. It has been the apex institution to provide assistance for farm lending is developing manageable solutions for their customers.Absolutely professional in their structure the WBSCB has a board of directors that add value to the bank with every decision they take on behalf of its customers.

The West Bengal State Cooperative Bank Address

C I T Rd, Phoolbagan,
Kankurgachi, Kolkata,
West Bengal 700054

The West Bengal State Cooperative Bank Official Website: http://www.wbscb.com

WBSCB has a strong staff base of 55o people with high grade professionals to be the flag bearers of the social cause the bank is trying to promote. To make it concise, the WBSCB offer products of microfinance in all low income spheres weak sections of the population. The bank provides with a safe deposit locker system for valuables, assets that can be rented out to one or more persons with nomination options available. It also has an insurance tie-up with the Life Insurance Corporation of India (LIC). They have developed a new product together called ‘Bancasurance’ where banks promote insurance products. The bank provides with a current account and a savings account option.

Credits are allowed into your account with due arrangements with an option of an unconstrained payments, cheque books on request and at time of account registration. The bank requires a customer to keep very low balances to keep their account active while providing full security and access to their money at all points in time. BSCB has digressed from their primary sector lending into retail banking as it is an emerging inevitable trend that can help make the bank make profits with an increased turnover. They also have schemes like ‘Sopan’ that provide with accidental insurance benefit up to Rs 1 lac with a deposit of Rs 3000 in the account. The bank has a CBS enabled application where the bank can avail the facility form any of the bank branches, it is not restricted to where the account is made. The customers can access their account details, balance, cash withdrawal option form nay bank, including make requests for cheque books, get answers to their queries and validate their identification. WBSCB has made a lot of progress and development and kept itself abreast with the latest developments in the field of banking in India. WBSCB also provides with letter of credit, bills, loans, insurances, remittances and ATMs. The range of services cannot be undermined in anyways despite having only a local customer base to serve.

The head office of the WBSCB is located in waterloo in Kolkata. Feedbacks, suggestions and grievances are aptly handled by WBSCB and can be contacted on sougata@wbscb.com. or http://www.wbscb.com/feedback.php. A team of highly motivated and professional staff members is always on call to handle any bank related issues and suggestions to keep you, your business, and your money green, safe and profitable all the time.