Jamia Co-operative Bank Ltd was duly registered by the Registrar
of Cooperative Societies, New Delhi and on obtaining the requisite
license commenced its operation at 334 E, Batla House, Jamia
Nagar, New Delhi 110 025 on December 28,1995.
in which JCB’s operations are currently concentrated,
a large proportion of the population belongs to the lower
income strata. It is the bank’s objective and focus
of effort to inculcate in this section of the community a
sense of thrift and a habbit of saving in order to help uplift
their standard of living.
has placed service to its clients as its primary objective. It
aims to help clients and resolve their problems. Still
if there is any compliant it is dealt with immediately to
the satisfaction of clients.
The JCB provide
all types of accounts facility i.e. Current Deposit, Savings
Bank Deposit, Recurring Deposit and Fixed Deposits All these
accounts have been computerized, thus enabling the bank to provide
faster service to its clients.
Deposits up to
the value of Rs.1.00 lac per depositor have insurance cover
with Deposit Insurance & Guarantee Corporation, a subsidiary
Bank is fully equipped to provide locker to its clients immediately
on demand and is in a position to expand locker capacity as
and when required.
The JCB is a direct
member of the New Delhi Bankers Clearing house.
Bank has been adhering to the directives of RCS and also complying
with the instructions of the RBI. Impressed with the performance
of the Bank two awards for the best Co-operative Bank for the
year 2001-2002 and 2008-2009 were given by the Govt. of NCT, Delhi.
It is a matter of
great satisfaction that JCB has continued to secure “A” classification in the official Audit Reports since its inception till date.
Bank has got EDP Audit, Concurrent Audit in addition to the