Vision and Mission
To continuously strive for providing products & services that meet the quality, performance & aspirations of the vast clientele & to maintain the highest standards of ethics & societal responsibilities. Constantly introduce attractive products. Develop teams by providing qualitative training that keep the momentum going. to take the Bank to excellence.
Janatha Seva Co-operative Bank Ltd., started its journey as Credit co-operative society in the year 1969. In the year 1996 the society graduated into Urban Co-operative Bank as Janatha Seva Co-operative Bank Limited and got RBI Licence on 17th October 1996 (RBI Licence No: UBD/KAN/1302P).
As per the co-operative principles, our bank was also built up for providing banking services to people of small means and started extending its area of operation. With the expanding horizons, continuous developments and competition the bank proposes to become full-fledged financial service provider, fulfilling requirements of customers and the stakeholders by providing all the services, as permitted by the Regulatory Authorities. The Bank has adopted advanced technology for providing faster and Convenient services to its clients. These major long term proposals will enable the bank to increase its Financial position and better fulfilment of expectations of all the Customers.
The Board of Directors of the bank are eminent and experienced professionals who have a diverse experience in the fields of banking, Finance, Law and Human resources. The business philosophy is based on Service excellence, customer focus, product innovation. The motto of the Bank is “Prosperity through Co-operation”.
Growth & Evolution
Over the years, the Bank has consistently shown robust growth both qualitatively & quantitatively. The Bank has grown not only in the size of deposits and advances, but has also multiplied its net worth, making the institution financially sound and fundamentally strong.
Today the Bank has 5 branches All the branches are working effectively and profitably
Principles
Board of Directors are eminent and experienced professionals who have a diverse experience in the fields of Banking, Finance, Law and Human Resources.
As a part of good governance practice, the Bank has adopted a code of ethical business principles and accepted the responsibility to be seen as a work culture in its true spirit. The business philosophy is based on four core values i.e. pillars of service excellence, customer focus, product innovation and resourceful people
The Bank has varied Deposit products to suit the needs of customers and occupies a place of pride in offering tailor-made credit solutions under one roof, packaged at liberal, competitive and flexible terms. We serve the short and long term requirements of Businessmen, Professionals, Small & Medium Enterprises.
Management
Board of Directors
Board of Directors are eminent and experienced professionals who have a diverse experience in the fields of Banking, Finance, Law and Human Resources
The bank has adopted good business principles and accepted the responsibility as good governance practice, to make it a part of the work culture in its true spirit. The business philosophy is based on four core value pillars of service excellence, customer focus, product innovation and resourceful people.
SRI H C GOPAL
PRESIDENT
Profession: Business
20 Years Experience (as Director in the bank)
DR P L VENKATESH MURTHY
VICE PRESIDENT
Profession: RETD KAS OFFICER
34 Years Experience (as Director in the bank)
SRI P MARIYAPPA
DIRECTOR
Profession:Business
34 Years Experience (as Director in the bank)
SRI G SIDDAPPA
DIRECTOR
Profession: Business
20 Years Experience (as Director in the bank)
SRI M JAYARAM
DIRECTOR
Profession: BUSINESS
20 Years Experience (as Director in the bank)
SRI RAJAGOPAL HEGDE
PROFESSIONAL DIRECTOR
Profession: CHARTERED ACCOUNTANT
20 Years Experience (as Director in the bank)
SRI M T VEERANNA GOWDA
DIRECTOR
Profession: RETD.BANK OFFICIAL
13 Years Experience (as Director in the bank)
DR UMA R
DIRECTOR
Profession: Doctor
5 Years Experience (as Director in the bank)
SRI KEMPAIAH M
DIRECTOR
Profession: RETD.GOVT EMPLOYEE
5 Years Experience (as Director in the bank)
SRI CHANNAKESHAVA D L
DIRECTOR
Profession: RETD.GOVT EMPLOYEE
5 Years Experience (as Director in the bank)
SRI CHANDRAMOULI S
DIRECTOR
Profession: BUSINESS
5 Years Experience (as Director in the bank)
SMT CHANDRAKALA K
DIRECTOR
Profession:RETD.FROM BANKING SERVICE
5 Years Experience (as Director in the bank)
SRI PUTTESWAMY GOWDA B
DIRECTOR
SMT AARTHI H R
DIRECTOR
SRI KRISHNAPPA C
DIRECTOR
SRI SHIVARAM B
PROFESSIONAL DIRECTOR
Board of Management
SRI G SIDDAPPA
CHAIRMAN
Profession:Business
20 Years Experience (as Director in the bank)
SRI RAJAGOPAL HEGDE
MEMBER
Profession: CHARTERED ACCOUNTANT
20 Years Experience (as Director in the bank)
SRI RAMESH A R
MEMBER
Qualification : M Sc
Occupation : AGRICULTURIST
SRI JAVARAYI GOWDA B S
MEMBER
SRI SHIVAKUMAR T N
MEMBER
SHARE HOLDER's CORNER
1.Dividend –
The dividend declared for the past 5 years:
| Financial Year | %age of Dividend Declared |
| 2019-2020 | – |
| 2020-2021 | 15 |
| 2021-2022 | 15 |
| 2022-2023 | 15 |
| 2023-2024 | 15 |
2.Death Relief Fund –
On the death of the Member, the nominee of that Member can claim a Death relief fund of Rs.15,000/- from the Bank within one year of the death of the member.
(subject to Terms & Conditions)
3.Members Welfare Fund –
For the benefit of the members, bank has created a “Members Welfare Fund”. The amount in this fund will be utilized to the members medical expense once during the life time of the member. Medical reimbursement of Rs.75,000/- applicable to below mentioned surgeries:
- Heart related surgery- (Angioblast, Bypass etc),
2 .kidney replacement surgery,
- Surgery relating to cancer disease.
- Knee replacement surgery.
(subject to Terms & Conditions)
FINANCIAL RESULTS
|
Financial |
2022-23 |
2023-24 |
2024-2025 |
|
Share Capital |
31.43 |
31.07 |
36.86 |
|
Reserves and Others Funds |
190.87 |
192.13 |
213.94 |
|
Deposits |
1144.15 |
1184.85 |
1237.90 |
|
Working Capital |
1386.51 |
1402.49 |
1532.97 |
|
Loans and advances |
595.41 |
674.67 |
726.20 |
|
Investment |
691.21 |
657.44 |
693.46 |
|
Net NPA |
0 |
0 |
0 |
|
CRAR |
23.78% |
22.39% |
22.88% |
|
Gross Profit |
14.41 |
22.32 |
19.49 |
|
Net Profit |
11.24 |
16.80 |
14.49 |