About Us
Bhatkal used to be a sleepy town four decades ago. A quiet town surrounded by beautiful Western Ghats on one side and Arabian sea on the other. In this totally unknown and backward town, a few illustrious and knowledgeable citizens wanted to press home their intention to do Banking business under the banner of Urban Co-operative Banking movement with an intention to serve common man. Their sole intention was to serve the middle class and lower middle class people in the society. Thus the Bhatkal Urban Co-operative Bank was born in the year 1964 with Mr. Kazia Mohammed Hassan as its President and Mr. K.A.H. Basha, M.A, L.L.B was the first Manager
Our bank understands your needs better, and thus offers you a wide choice of deposit schemes, cumulative or one time, short term or long term, high interest rates or liquidity. Our different schemes will definitely meet your requirements.
Profile
Mr. Kazia Mohammed Hassan was a founder President of the Bank. Mr. K.A.H. Basha, M.A., LLB, was the first Manager of the Bank. The Bank was registered on 28.10.1964 and commenced the Banking operation on 16.02.1965.
In the first Board of the Bank the following eminent luminaries of Bhatkal graced the Directorship.
1. Mr. Kazia Mohammed Hassan, President
2. Mr. Siddique Mohammed Hussain, Vice President
3. Mr. S.M. Haji Syed Ali
4. Dr. I.V. Shetty
5. Mr. Kola Mohammed Yahya, B.A, BL
6. Mr. Musba Abdul Gaffar
7. Mr. Srinivas Hanumanth Pai
8. Mr. Irappa Manjappa Naik
9. Mr. Damda Hassan Shabber
10. Mr. Shabandri Haji Ismail
11. Mr. Ruknuddin Shahul Hameed
Mr. S.U. Talkhani, B.A., B.Com., LLB was the Bank’s legal adviser. Bank showed a net loss of Rs.5168.04 in the first Balance Sheet of 1964-65. The Bank crossed the Break-even point in 1966-67 with a net profit of Rs.10,013.15. Thereafter the Bank never looked back. Bank moved its Registered Office and Main Branch to the centrally located own building in Bhatkal in the year 1985.
Dates of opening the Branches/Offices
Other Landmark events