About Vasavi MSCM Co-operative Bank
Our Vision
Our Mission
Our Mission
- "Be with us & Grow with us"
- To be the leading provider of financial services in Karnataka
Our Mission
Our Mission
Our Mission
- Be the Banker of first choice for our customers by delivering high quality, world-class products and services.
- Create value for our stakeholders.
Specialities of Vasavi MSCM Co-operative Bank
IT Enabled
With the advancement in technology, The Mysore Silk Cloth Merchants' Co-operative Bank Ltd., has become IT-enabled. This modern technology is being implemented by the Bank with a view to provide the customers with the convenience of banking on 24 X 7 basis in India as well as abroad. The Bank operates through deployment of a single platform across globe with integrated delivery channels such as Internet, ATM, Phone, Mobile, Call Centre etc.
Our IT-Enabled services provide a seamless experience to the customers of all lines of business. With IT-enabled services, MSCM Bank has earned an unrivalled reputation in the banking sector. This has made us one of the most trusted Banks offering internet banking services. We have successfully achieved launch of net banking, large-scale ATM installation, mobile banking and transaction-related SMS alerts.
Special Features of the Bank:
- Fully computerized for providing better and faster service.
- Demand Draft and Pay Orders Facility available to places all over India.
- All types of Deposits are covered by insurance upto 1 Lakh, as per BI guidelines.
- Safe Deposit Lockers available.
The MSCM Bank has another strength, which is its skilled and committed workforce. Every employee is given an equal opportunity to develop and improve his/her position. Through continuous training and career planning, a positive work culture and participative style of management has been established. This in turn has stimulated development of a committed and higher level of quality of service which can be passed on to all our esteemed customers.
Business Improvements
- The Bank has continued to focus on improving its funding mix, through Conserving Capital, Liquidity Management and Risk Containment and increasing operating efficiencies. The Bank believes that the success achieved is the result of the strategic planning by its Board Members and today the Bank has positioned itself well to capitalize on future growth opportunities.
- The Bank has introduced Gold Loan which can be availed at both the Head Office and Branch Office.
- Various loan schemes are available at affordable interest rates.
- LOCKER facility is available at Head Office and K.S.Layout branch
Present Scenario
The MSCM Bank Ltd., is one of the best co-operative Banks in The Garden City. The Bank has a branch located at Kumaraswamy Layout.Hospital Road office is also its Head Office.
MSCM Bank Ltd., is a premier co-operative Bank known for its friendly customer service, which provides essential facilities to business class. We are pleased to offer D.D. Facility, RTGS and Cheques collection facility all over India through H.D.F.C Bank, ICICI Bank, Kotak Mahindra Bank, Indus Ind Bank and ING Vysya Bank Ltd.,
The Bank had celebrated its Silver Jubilee in the year 1993. In the same year the Bank declared 15% dividend to its members.
The Bank has formed Committees and various Sub Committees which foresees the development and functional activities of the Bank.
Special Features of the Bank:
- Fully computerized for providing better and faster service.
- Demand Draft and Pay Orders Facility available to places all over India.
- All types of Deposits are covered by insurance upto 1 Lakh, as per BI guidelines.
- Safe Deposit Lockers available.
The MSCM Bank has another strength, which is its skilled and committed workforce. Every employee is given an equal opportunity to develop and improve his/her position. Through continuous training and career planning, a positive work culture and participative style of management has been established. This in turn has stimulated development of a committed and higher level of quality of service which can be passed on to all our esteemed customers.
Strength of MSCM Bank
- Advanced Infrastructure: The branch and head office of the MSCM Bank are well equipped with advanced technology to provide the customers with faster banking services. All the computerized machines are located in a suitable manner and are convenient to the customers & staff of the Bank.
- Friendly Staff:The staff members of the Bank are very friendly and professional & help the customers in all cases. They provide faster services along with bonding & personal relationship with the customers.
- Banking services: MSCM Bank provides long hours of service to customers. This service is one of its kind & is very helpful for the customers who are in urgent need of funds.
- Other Facilities to the Customers & Employees:Head Office is fully air conditioned and basic amenities are well provided.