A co-operative bank is a financial entity which belongs to its members, who are at the same time the owners and the customers of their bank.
MCB as 15,061 members and the paid up share capital is Rs.1073.27 lakhs as on 31.03.2015.
Regular Membership.
Associate Membership.
Nominal Membership.
SHARE CAPITAL
The authorised share capital of the bank is Rs.25000 lakhs. The bank is now making all efforts to admit more and more women from all sections of society to become its members and hopes to achieve the target it has set for itself in reaching the limit of authorised share capital in the next few years.
Section 45ZA(Nomination for Deposit Accounts) Section 45ZA of the Banking Regulation Act, 1949, allows bank depositors to nominate a person to receive the deposit money in the event of their death. The nomination, made in a prescribed manner, gives the nominee the right to receive the deposit...
November 1, 2025
47th Annual General Body Meeting on 14-09-2025 at Y Muniswamappa Kalyana Mantapa,Near BMTC bus depot Yeswantapur Circle,Bangalore-22,
September 9, 2025
:Attention Customers of Mahila Co operative Bank Ltd : Bank has issued Revised / Supplementary Locker Agreement incorporating Customer’s Rights. Customers availing locker facility from Mahila Co-op Bank are requested to contact their locker holding branch and execute the revised /...
July 14, 2023
STATUTORY AUDITORS POLICY
January 18, 2023
Section-194N
November 6, 2020
Return of movable/immovable property loan documents in the event of demise of borrower/s:- In the event of demise of the principal borrower/s the bank will endeavour to return the documents after full payment of all dues to the bank within 30 days after completion of all legal formalities. ...
Section 45ZA(Nomination for Deposit Accounts)
Section 45ZA of the Banking Regulation Act, 1949, allows bank depositors to nominate a person to receive the deposit money in the event of their death. The nomination, made in a prescribed manner, gives the nominee the right to receive the deposit amount, which is subject to recent amendments that may include allowing multiple nominees and require banks to process nominations within three working days. The nominee is a facilitator for the bank to pay the funds but does not become the owner of the money; the money is still part of the deceased's estate.
---Mahila Co Op Bank----
47th Annual General Body Meeting
September 9, 2025September 9, 2025
47th Annual General Body Meeting on 14-09-2025 at Y Muniswamappa Kalyana Mantapa,Near BMTC bus depot Yeswantapur Circle,Bangalore-22,
-:Attention Customers of Mahila Co operative Bank Ltd :-
July 14, 2023July 14, 2023
:Attention Customers of Mahila Co operative Bank Ltd : Bank has issued Revised / Supplementary Locker Agreement incorporating Customer's Rights. Customers availing locker facility from Mahila Co-op Bank are requested to contact their locker holding branch and execute the revised / supplementary agreement as applicable.
Return of movable/immovable property loan documents in the event of demise of borrower/s:-
March 21, 2020March 21, 2020
Return of movable/immovable property loan documents in the event of demise of borrower/s:-In the event of demise of the principal borrower/s the bank will endeavour to return the documents after full payment of all dues to the bank within 30 days after completion of all legal formalities.