Profile Nagpur Nagarik Sahakari Bank is one of the oldest and leading Cooperative bank in Vidarbha.

With the collective efforts by some of the devoted members of cooperative movement, on the auspicious day of "Vijayadashmi" in the year 1962. Nagpur Nagarik Sahakari Bank's first branch was started in Gandhibagh area of Nagpur. The Bank started with a meager capital amount of Rs. 26000/- and has grown to a capital base of Rs. 1493.46 lac with 60521 members as on 31st March, 2010. The Bank was awarded Scheduled bank status on 22nd May 1999 after fulfilling the criteria of desired deposit base. The bank has also acquired Multistate Scheduled Bank status on 21st March 2001. Today, the area of operation of the bank is entire state of Maharashtra , Madhya Pradesh and Raipur, Durg in the state of Chattisgarh. The Bank has adopted models Bye-Laws of Multistate Cooperative Societies on approval w.e.f Dt 17/12/2004. The Bank has 33 Nos of fully computerized branches with one Service branch and Head Office. Out of the above, the bank own's premises for its 11 branches with modern interiors.

Board of Directors

Shri Rajesh Loya Shri Sanjay Bhende Shri Dilip Mulmule Chairman Vice-Chairman CEO There are 17 elected directors and one staff representative on the board out of which 2 are women representative and 4 are Chartered Accountants. All members of the Board of Director are always striving for moving the bank towards bright future in cooperative banking sector. The board members are well qualified in various professional areas, possess special experience in cooperative sector and attached to various social organizations. The present chairman of the bank Shri Rajesh Loya is a Chartered Accountant by profession has been associated with the bank as a director since last 13 years and has wide experience in the cooperative field. He is also the past Chairman of the Nagpur Branch of WIRC of the Institute of Charetered Accountants of India and presently associated with Eye Bank, Dev Sanskriti Vishwavidalaya, Haridwar, and many other social organizations. For smooth day-to-day functioning of the branches, one guardian director has been appointed from the elected members. And for all moffucil branches special advisory committee have been formed consisting of local members

Report
Year Ended 31.03.2007 Audited Year Ended 31.03.2008 Audited Year Ended 31.03.2009 Audited Year Ended 31.03.2010 Audited

Particulars

Year Ende 31.03.201 Unaudited

Authorised Capital Subscribed Capital

200000000 88240700 474574557 4309249396 2683634703 1220584382 405030310 2589769514 1630219353 485746353 473803808

200000000 104252800 511587497 5384579859 3368305701 1535792526 480481631 2939748301 1850268531 541598264 547881507

200000000 123212950 589638659 5819268607 3741557085 1576673722 501037799 3289427714 1989399750 543571567 756456397

200000000 149345650 555941198 6636672463 4201781710 1874729757 560160996 3709653076 2038721891 752712616 918218569

200 183

Reserve Fund

575

Deposit ) Fixed Deposit b) Saving Deposit ) Current Deposit

7111 4331 2161 618

Advances ) Short Term Advances b) Medium Term Advances ) Long Term Advances

4322 2173 882

1266

ncome )Interest Earned b)Other Income

247227424 181538333

299119588 217972099

352211887 237164615

402238837 261139052

463 255

Expenditure )Interest Paid b)Salary )Other Expenses

232671453 98192308

296418348 101739424

378699921 160157510

404790100 138412687

403 142

Net profit after tax

16411238

17293298

22143405

23412339

29

Net NPAs%

5.66% 13.33% 26 402

| Services |

6.59% 12.82% 29 443

Interest Rates |

3.12% 14.91% 30 482

Financial Results

2.46% 12.93% 33 493

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Capital Adequacy(%)

Number of Branches Number of Employees

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2010-2011.All Rights Reserved.Nagpur Nagarik Sahakari Bank Ltd

Deposit
(A) Saving A/Cs

*
(B)

Savings Bank A/Cs

Current A/Cs

4.00 % 0.00 %

*
(C)

Current Account
Regular Term Deposits

* * * * * *
(D)

30 Days to 60 Days 61 Days to 90 Days 91 Days to 180 Days 181 Days to 12 Months 15 Months to 3 Yrs Above 3 Yrs to 5 Yrs
Kamdhenu Deposit Scheme (Tenure For 60 Months, Cumulative Type)

4.50 % 5.00 % 6.00 % 7.50 % 9.50 % 9.00 % 8.00 % 8.00 % 8.50 %

Kamdhenu Deposit Scheme (Tax Saving U/s 80C(2)(XXI) of I.Tax Act)

* * *
(E)

For Normal Depositor For Senior Citizens (Age 60 or Above)

Suvarna Mahotsav Deposit Yojana (Period 535 Days)

Interest Rate (Simple) (Deposits must be accepted for a minimum of Rs.10,000/- and further in multiple of Rs.5,000/-) For Senior Citizens (Age 60 or Above) (Simple)

9.50 %

*
(F)

10.00 %

Term Deposits (Co-Operative Societies, Registered Charitable Trust / Educational Institutions )

Lump sum deposit of Rs. 15 Lakhs & above * * 91 Days to 180 Days 181 Days & Above (The Interest rates under this categories shall be negotiated with the prior approval of the Head Office) 9.00% 9.50%
---

Note:- 2.0% Penal interest shall be attracted on Premature withdrawal of any deposit on the applicable Rate of interest (Which means 2.0% less interest will be paid than the interest rate that is applicable for the period, for which the deposit was actually held with the bank).

Loans and Advances

(A) Working Capital Limits

Working Capital Limits Under Hypothecation / Pledge / C.C Book Debts / Bill Discounting (Incl. Industrial Units) Secured Cash Credit Secured Cash Credit (To Builders) W.C Limit / Loan to Agriculturist W.C Limit to Agro-Based Industries (Dal Mill,Rice Mill etc.)
Term Loans

13.75 %

* * * *
(B)

14.25 % 15.50 % 12.00 % 13.00 % 13.25 % 14.00 % 15.00 % 15.50 % 15.50 % 14.50 % 15.50 % 13.50 % 12.00 % 13.50 % 13.00 % 12.00 % 14.00 % 15.50 %

* * * * * * * * * * * * * *
(C)

Term Loans to Industrial Units of all Categories All Loans to Doctors (Individuals and Registered Medical Practitioners only) Purchase/Construction of Commercial Shop (Own Use) Secured Term Loan ( Business ) Mortgage Loan ( Personal ) Educational Institution, Hospital Loans ( Other than Individuals) Personal Loan/ Loan Against Govt.Securities, Loan For Consumer Durables, Unsecured Term Loan Vehicle Loan ( Commercial ) Vehicle Loan ( Personal ) Educational Loan (For Males ) Educational Loan (For Females ) Housing Loan (Original Sanction) Additional Housing Loan Term Loan to Builders
FDR Loans

* *
(D)

Over Draft / Loan against our banks' own FDR :Additional 1 % Interest above FDR Interest rate. Over Draft / Loan against our banks third party's FDR :Additional 1.5 % Interest above FDR ROI.
Penal / Additional Interests

* *
* *

1.0 % additional interest for TOD & ADHOC Limit 2.0 % on all overdue accounts
Loan for purchase of Gold/Silver Gold Loan(Ag. Pledge of Ornaments) 12.00% 15.00%

* *

Privilege Limit Accounts

13.00%

Privilege Term Loan (Loan Against Existing Property i. e. 12.75% Mortgage Not be considered.)

CONSORTIUM ADVANCES : All loans under Consortium Arrangement will attract interest as per Consortium decision from time to time.

Annual Report
Sr.No Particulars Year Ended Year Ended Year Ended Year Ended 31.03.2007 31.03.2008 31.03.2009 31.03.2010 Audited Audited Audited Audited Year Ended 31.03.2011 Unaudited

1. Authorised Capital 2. Subscribed Capital 3. Reserve Fund 4. Deposit a) Fixed Deposit b) Saving Deposit c) Current Deposit

200000000 88240700

200000000 104252800

200000000 123212950

200000000 149345650

200000000 183359500

474574557

511587497

589638659

555941198 6636672463 4201781710 1874729757 560160996

575088171 7111525630 4331069957 2161908700 618546973

4309249396 5384579859 5819268607 2683634703 3368305701 3741557085 1220584382 1535792526 1576673722 405030310 480481631 501037799

5. Advances 2589769514 2939748301 3289427714 a) Short Term 1630219353 1850268531 1989399750 Advances b) Medium 485746353 541598264 543571567 Term Advances c) Long Term 473803808 547881507 756456397 Advances 6. Income a)Interest Earned b)Other Income 7. Expenditure

3709653076 2038721891 752712616

4322642673 2173498730 882619928

918218569

1266524015

247227424 181538333

299119588 217972099

352211887 237164615

402238837 261139052

463878860 255679323

a)Interest Paid b)Salary c)Other Expenses 8. Net profit after tax 9. Net NPAs% 10. Capital Adequacy(%) Number of Branches Number of Employees

232671453 98192308

296418348 101739424

378699921 160157510

404790100 138412687

403564615 142048058

16411238

17293298

22143405

23412339

29607155

5.66% 13.33%

6.59% 12.82%

3.12% 14.91%

2.46% 12.93%

1.80% 13.01%

26 402

29 443

30 482

33 493

33 476