Techno Survey :: Associate Co-operative Bank Ltd. commenced its banking operations in the year 2000 and it has come a long way since then. It is the youngest Co-operative Bank in Gujarat, last so licensed by RBI. It has been able to achieve highly impressive business growth over the years despite its comparative younger age Bank has succeeded in attaining business exceeding Rs. 86 Crore (Rs. Eighty Six Crore to be precise) as on 31st March,2012. Bank In due course, the bank has recently started two more branches one at Umarwada & the other at Sagrampura, Surat.

Our bank is a CBS (Core Banking System) Bank and it has already embraced all contemporary technological advancements which a modern bank is supposed to do. The bank has a complete set of state of the art modern electronic and techno savvy equipments to cater to the needs of various segments of the society.

We have started SMS based Mobile Banking for our customers. This service provides account related information such as Clearing Cheque Detail, Cash withdrawal information, Return Clearing Cheque Detail, Account Balance, Cheque Status Fixed Deposit Maturity Details etc. by way of SMS. Bank has also started off-line Internet Banking facility for their customers. The Bank has its own mobile “APP” through which the customers can view their accounts on their mobile phone through android application.

We have already installed necessary infrastructure and machinery for issue of personalized preprinted cheque books. We also have CCTV cameras and electronic security system with auto dialer installed in our premises.

We also have cash counting machines installed for customer convenience. Our customers also have been provided a cash counting machine separately for their individual use.

Bank offer “Rupay” ATM cum Debit Cards. You can not only withdraw Cash from ATM But you can also pay your Shopping Bills. Customers will be able to use these debit cards for e-commerce transactions such as Online Shopping, Online Movie, Railway & Air tickets Booking, Pay Utility Bills such as Light Bill, Gas Bill, Telephone and Mobile Bill, Government and Municipal Taxes etc.

The vital factors of our Bank are as follows:

Core Banking System (CBS) for provide better service to the customer. Through CBS customer can fulfill their banking needs any branches of the bank.
Bank has started E-payment facility for the customers of the bank for the purpose of payment of Income-tax.
CTS-2010 compiled personalized cheque book are being issued to all customers of the bank.
RTGS/NEFT facility is also available.
Franking of stamp duty – arranged by Revenue Dept. of Gujarat State.
Locker facility
All India ATM cum Debit cards issued.
Prime Minister’s JivanJyotilife insurance and Accidental Insurance schemes available.

With steady growth and strength, we are moving towards higher status in the Banking arena and as well as in Co-operative Sector of Gujarat.

Immediate Payment Services (IMPS):

Immediate Payment Service-IMPS is an instant payment inter-bank electronic funds transfer service through mobile phones. Unlike NEFT and RTGS, the service is available 24*7 through out the year including bank holidays. It is a platform that makes the payments possible within a fraction of seconds: