The Ropar Central Cooperative Bank Ltd., Ropar was registered on 29/01/1927. Prior
to 01.10.2006, its area of operation was entire Ropar Distt. comprising of 7 blocks
namely Ropar, Kharar, Morinda, Majri, Chamkaur Sahib, NoorpurBedi & Anandpur
Sahib. The Bank had 42 Branches including H.O. and one branch in UT Chandigarh.
But after creation of new DCCB of SAS Nagar w.e.f. 01/10/2006, 16 branches have
been disaffiliated from this bank and have since been transferred to SAS Nagar DCCB.
Now the area of operation of the bank consists 3 sub divisions namely Ropar, Chamkaur
Sahib & Anandpur Sahib comprising 5 blocks i.e. Chamkaur Sahib, Ropar, Morinda,
NoorpurBedi, & Anandpur Sahib. Now the Bank has 25 Branches including one Branch
in UT Chandigarh. Most of the Branches are successful regarding deposit mobilization
and other business. Individual members are enrolled as nominal members who have
no voting rights. Bank is working under CBS (Core Banking Solution) project; all
the branches (including H.O.) are fully computerized. The IFSC code of bank is UTIB0SRCB01 and the bank is also providing facilities like
RTGS/NEFT and with the help of IIN; it becomes easy to make AADHAR linked payments
directly into the accounts of customers.