The West Bengal State Co-operative Bank Ltd. is a scheduled cooperative bank. On 9th February 98, a cooperative society in the name of Bengal Provincial Cooperative Federation Ltd.” was registered and in 9 the Federation was converted into Bank. In 9, after the evolution of the Bank, provinces were converted into states and the name of the bank was changed to The West Bengal State Cooperative Bank Ltd. West Bengal State Co-operative Bank was enlisted in the Second Schedule of Reserve Bank of India on nd July 9. The objective of establishment of WBSCB is to promote agricultural lending and welfare maximization by increasing the flow of resources to underprivileged sectors.
WBSCB provides a number of products such as current deposit, savings deposit, and term deposit; farm loan for short term agriculture operation, self help group, JLG, farm loan for minor irrigation, fishery, farm mechanization, and agri-clinic / agro-business; non-farm loan includes housing loan, personal loan, and agricultural insurance. The bank also offers Atal Pension Yojana, LIC’s Group Credit Life Insurance, PMJJBY, and PMBSY; and locker service.
Agricultural insurance Atal Pension Yojana LIC’s Group Credit Life Insurance PMJJBY PMBSY
Current deposit Savings deposit Term deposit
Farm loan Short term agriculture operation Self help group, JLG, Farm loan for minor irrigation Fishery Loan Farm mechanization Loan Agri-clinic/agro-business Housing loan Personal loan