About Us
Indian Bank Employees Co-operative Thrift & Credit Society Limited is a registered Society under the "Delhi Cooperative Societies Act, 2003" (Delhi Act 3 of 2004) (Registration No. 804 dated 13th June 1988). Indian Bank Employees Co-operative Thrift & Credit Society strictly limited abides by the principles of Cooperative Societies Act, 2003 and its Rules.
The vision of Indian Bank Employees Co-operative Thrift & Credit Society is offering financial services to all its registered members and offering equal opportunity to all, to live an improved life by Financial Enablement and Empowerment. The mission of the society is to create self sufficient sustainable ecosystem of members through co-operation. This society is to enable financial inclusion by providing affordable financial services to all its members.
The society is authorized by its bye-laws to accept Monthly deposits from its members. The deposit schemes are designed to deliver maximum value to its members, offering attractive rate of interest along-with other benefits. The Society's rate of interest is among one the best rates offered in comparison to Nationalized/Co-operative Banks, Financial Institutions and other co-operative societies, making it the preferred choice of investment by members.
The deposits accepted by the society are utilised by the means of loans to members, making it a profitable institution to enable further expansion and delivering value to its members. The society is giving loans to all members for all sorts of purposes.
The society operations are fully computerized using latest state-of-art technology.