Bank Developments and Member Welfare
Siddaganga Urban Co-operative Bank Ltd has demonstrated steady and sustainable growth while maintaining a strong commitment towards member welfare and Local Community development. The bank continues to strengthen its position as a reliable co-operative institution through consistent financial performance and service-oriented initiatives.
As per the latest financial data, the bank has achieved significant milestones, including a deposit base of ₹227.71 Crore, loans and advances of ₹162.37 Crore, and total investments of ₹106.42 Crore. With a working capital of ₹291.48 Crore and a net profit of ₹3.22 Crore, the bank reflects financial stability and disciplined management.
Alongside financial growth, the bank actively supports its members through various welfare initiatives. Financial assistance is provided for major medical treatments such as heart surgery, cancer care, kidney procedures and eye surgeries, ensuring members receive timely support during critical situations.
In the event of a member’s demise, the bank extends financial assistance to their legal heirs by providing death fund. Additional insurance benefits are provided in case of accidental death, offering enhanced financial security and peace of mind to member families.
With over 4214 shareholders and a strong reserve base of ₹56.29 Crore, Siddaganga Urban Co-operative Bank Ltd continues to grow with trust, transparency and a deep-rooted commitment to its Local Community.
Progress Report
Siddaganga Urban Co-Operative Bank Ltd continues to grow with strong financial performance and commitment to member welfare.
4,214+
Shareholders
₹227.71 Cr
Deposits
₹162.37 Cr
Loans & Advances
₹106.42 Cr
Investments
₹291.48 Cr
Working Capital
₹3.22 Cr
Net Profit
₹56.29 Cr
Reserves
❤️ Member Welfare Initiatives
- 🏥 Financial support for critical medical treatments
- 🛡️ Accident insurance benefits for protection
🌟 Our Commitment
- Trusted Co-operative Banking
- Local Community-Centric Growth
- Financial Stability and Transparency
- Customer-Friendly Services
Bank Detailed Progress Report for Last 10 Years (₹ in Lakhs)
| # | Particulars | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Shareholders | 4226 | 4253 | 4264 | 4269 | 4262 | 4255 | 4244 | 4232 | 4228 | 4214 |
| 2 | Share Capital | 413.12 | 446.93 | 489.47 | 540.79 | 569.75 | 591.50 | 617.98 | 701.84 | 729.80 | 748.99 |
| 3 | Reserves & Funds | 1107.73 | 1383.95 | 1685.88 | 2224.83 | 2743.84 | 3233.00 | 3794.43 | 4436.35 | 4980.66 | 5629.22 |
| 4 | Deposits | 13746.62 | 13343.94 | 13665.82 | 15804.51 | 18063.58 | 19986.81 | 20040.52 | 19141.89 | 20406.21 | 22770.75 |
| 5 | Loans & Advances | 8563.48 | 9468.28 | 10427.84 | 11405.95 | 12242.05 | 12904.13 | 13794.38 | 14697.00 | 15010.80 | 16237.02 |
| 6 | Investments | 5705.64 | 4981.09 | 4651.99 | 5738.11 | 7088.25 | 8675.98 | 8773.57 | 7868.87 | 9223.42 | 10642.92 |
| 7 | Working Capital | 15267.47 | 15174.82 | 15841.17 | 18570.13 | 21377.17 | 23811.32 | 24452.93 | 24280.08 | 26116.67 | 29148.96 |
| 8 | Net Profit | 192.81 | 204.90 | 253.70 | 163.05 | 176.97 | 183.70 | 207.43 | 277.01 | 307.34 | 322.25 |
| 9 | Recovery % | 92.54 | 92.56 | 91.10 | 70.60 | 82.73 | 86.02 | 86.91 | 90.29 | 90.41 | 93.65 |
| 10 | Profit % | 1.26 | 1.35 | 1.60 | 0.88 | 0.83 | 0.77 | 0.85 | 1.14 | 1.18 | 1.11 |
| 11 | Dividend % | 15% | 15% | 15% | – nil – as per RBI Directions |
10% | 12% | 15% | 15% | 15% | 15% |
| 12 | Audit Classification | A | A | A | B | A | A | A | A | A | A |
