Bicholim Urban Co-operative Bank Ltd. was incorporated in the historical town of Bicholim on May 1, 1986. The main objective of the bank is to cater to the banking needs of the people of the state and provide them with financial solutions at affordable rates. The founder of the bank, Late Mr. Harish (Anna) N. Prabhu Zantye, a visionary and statesman par excellence, who was well versed with the problems of the common man and always intended to uplift the economical standard of the people, provided the much needed leadership and able guidance with which bank could achieve sustainable growth. The bank with network of eleven branches at all important centres of the state and one extension counter situated at educational hub, has earned the trust of the people of the state and the regulatory authorities.
The bank is providing various products designed in tune with the needs of the customers. On deposit front, besides conventional products like Savings and Current, bank has got schemes in term deposits and recurring deposits with the best interest rates in the industry.
The bank also has got loan products in the retail as well as commercial segments under various schemes such as retail loans for House construction, Auto loans, Personal loans etc. The bank grants loans to MSME, Education, Agriculture and Agro based industries at very competitive rate of interest.
The bank has implemented CBS and has launched ATM Rupay debit card facility to its
customers. The bank has made banking a pleasure to customers with eight ATM machines and a Recycler. Besides, bank has launched mobile banking application adding one more feather in its cap. The bank is very strict in compliance with cyber security norms.
The bank is committed to maintain highest level of ethical standards, professional integrity, corporate governance and regulatory compliance.
