About Siddhasiri Bank
The Siddhasiri Multi State Multi Purpose Co-Operative Society Ltd. has grown subsantially in the course of 19 years, with 4768 crores in deposit, 3559 crores in advances presently and about 1300 employees linked directly or indirectly
Who We Are?
Siddhasiri Multi State Multi Purpose Co-Operative Society Ltd. was founded on 29th of May 2006, with an aim to provide quick, hassle free capital to mainly farmers and SMEs, also providing attractive interests on deposits under a visionary leadership of our President Shri Basanagouda R Patil (Yatnal). We started with a single branch at APMC, Viayapura, with the branch count currently reaching to 211 spreading across Karnataka with regional offices in Kalburgi, Hubli, Hospet, Davangere, Bengaluru,Bagalkot,Bidar, Ballary, Raichur,Gadag, Koppal,Chitradurga.
The Siddhasiri Multi State Multi Purpose Co-Operative Society Ltd.has grown substantially in the course of 19 years, with 4768 crores in deposit, 3559 crores in advances presently and about 1300 employees linked directly and 620 Pigmy Agents.
Siddhasiri Multi State Multi Purpose Co-Operative Society Ltd.also aims at empowering the women and youth with various schemes specifically aiming at women and budding entrepreneurs. Siddhasiri Multi State Multi Purpose Co-Operative Society Ltd.runs 5 WOMAN / MAHILA branches run entirely by ONLY WOMEN and provide loans to Self Help Groups ( SHG) to economically stabilise women. We also provide fast loa service to the budding entrepreneurs who are in need of capital for their startups. As a social responsibility we have also been involved in various activities from planting trees across the city of Viayapura, have installed about 10 water purification units, with pradhan mantri jan aushadhi stores we provide medicines at the lowest rate.
For effective and smooth working the following measures are adopted.
- For effective human resources separate HRD section under Committee.
- For effective accounting system separate accounts section under SGM.
- Loan section is headed by the General Manager and Regional Managers for speedy disposal of loan proposa
- For effective Recovery separate cell has been setup under GM.
- For effective internal control separate wing under GM.
- For effective Hardware and software separate wing EDP has been started.
- For effective service to the clientele every staff has been trained at regular intervals for this separate cell has been created under GM.
- For speedy disposal claims and filling suites separate law section headed by GM.
- For development of non banking areas separate regional office at Hubli Headed by GM.
150,000+
Customers Empowered
$5 billion+
Borrowed
Customer Rating
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