History of Bank

About Nagarik Samabay Bank

The Bank was registered as a cooperative society on the 24th of October 1998 and thereafter received the requisite license from the Reserve Bank of India on the 13th of March 1999 for carrying out Banking Operations. The Bank formally started its business on 12th of May 1999. The Bank has completed 25 years and has been running maintaining cooperative principles, following the rules of its Bye Laws, “The Cooperative Societies Act, 2007 (Act NO. IV of 2012)” and the Banking Regulation Act, 1949.

Our Vision

We have a firm belief that the various cooperative banks functioning in the city of Guwahati, as also the state of Assam, are not our competitors, but that we complement each other, as one sister cooperative bank functions well and gains the confidence of the society, the investor friendly atmosphere gives an impetus to the other sister cooperative Banks to thrive. Moreover, cooperation among the cooperatives is a principle of cooperation and we need to march arm in arm with other cooperatives. We also believe that together we can complete the task easily and speedily and can achieve the targets which are sometimes difficult to achieve.