THE RAJASTAN STATE CO-OPERATIVE BANK

HISTORY OF BANK
RSCB has Successfully completed more than five decades of services to the state of
Rajasthan in general and to the rural and farming community in particular. The bank has
shifted it's new Head-Office premises at Tonk Road Jaipur. The bank was established to provide
short term agriculture loan for agricultural, rural development, non-agricultural loans
,employment oriented schemes and short term loans. The bank has an image at national level
and it has been honoured several times.

THERE MISSION
Our Corporate Mission Is To Become A Strong And Competitive Cooperative Banking
Network Which Offers Innovative Financial Product Alongwith Varied Range Of Services To
Serve Rural Masses With Rejuvenated Short-Term Cooperative Credit Structure To Serve The
People Of Rajasthan

Organisational SetUp
Presently power of Board Of Director are Vested in Administrator who is appointed by the
State Government.The Chief Executive Officer of the Bank is designated as Managing Director
and is an officer drawn on deputation from State Govt. One General Manager and 5 Dy.General
Managers are there to assist M.D in day in day management .The bank has 5 department at
HO level Which are :

 Administration & Personal (A&P).

 Planing & Development(P&D).
 Accounts & Finance(A&F).
 Inspection & Supervision(I&S).
 Operations Department.

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 SAVING ACCOUNT
 Simplest Deposit available to depositor.
 Easy to Operate. Terms And Condition are simple to understand to facilitate
layman's understanding.
 Any individual or society to save from their earnings to plan for your future
financial requirements can open our Saving Account
 Your deposit is insured by DICGC.
 Option for money withdrawal by withdrawal forms or by cheque.
 Your savings remain liquid,safe and also earn moderate interest @ of 3.5% p.a.,
compounded half yearly.
 You can give various types of standing instructions like transferring to fixed
deposit accounts at regular intervals.
 An average quarterly balance of Rs. 5,000 only.
 Interest is payable half-yearly.
 Minimum balance Rs.1000 for Saving Account with Cheque book and Rs.500 for
saving account without cheque book facilty.
 Minor not below 14 years of age can also open an independent savings account
without cheque book facility.
Eligiblity
 Resident Indian, Self Help Group or a Co-operative Society.
Document Required
Applicants must satisfy the following documentation requirements:
 Identity proof (PAN, EC Card, Driving Licence, Passport).
 Passport Size Photograph - 2.
 Proof of residence address.
 Introduction as pe bank norms.
Note: Mandatory to provide Permanent Address.
Facility
 You can give various types of standing instructions like transferring of fund to
fixed deposit accounts at regular intervals, payment of locker rent with our
bank's branches and other utility bills.
 Nomination facility is available.
 Quarterly Statement of Account at your doorstep.
 Free signature verification as per bank's norm.
 Can open single or jointly with any other person.
 ECS debit/credit.

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 Service Charges For Saving Account
Present Rates

 Minimum Balance with cheque Book  Rs.1000

 Penalty on every occasion on default in keeping
the min. balance  Rs.500
 Minimum balance without cheque book  Withdrawals of funds
 Penalty on every occasion on default in keeping stopped.
the min. balance  Rs.500
 Cheque Return Charges (including of ECS)  Rs.20
 Service charges on return cheque sent by Post  Rs.2 per leaf on
 Cheque Book charges additional cheque book
after issuing Rs.1 per
leaf cheque book
No cheque book
charges on average
 If min. balance is between Rs.500 to Rs.1000 and balance of Rs.25,000
no operation of account in past one year  No charges
 If min. balance goes below Rs.500 but is over  Nil
Rs.50 but no operation in account during past one
year.
 Less than min. & no operations in past one year

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 CURRENT ACCOUNT
 Current Deposits Account can be opened by sole-proprietary /
partnership firm, private and public limited companies, institutions,
trusts, individuals, societies etc.
 Unlimited number of payments and receipts.
 Overdraft facility.
 Low minimum balance of Rs. 3000 only.
Facility
 You can give various types of standing instructions like transferring
of fund to fixed deposit accounts at regular intervals, payment of
locker rent with our bank's branches and other utility bills.
 Nomination facility is available.
 Free signature verification as per bank's norm.
 Free Balance Certificate once in a month.
 Free monthly statemant of account as per bank's norms.
 ECS debit/credit.
Eligiblity
 Any sole-proprietary / partnership firm, private and public limited
companies, institutions, trusts, individuals, NGO, societies can open
current Account.
Document Required
 In case of firms, societies, companies and institutions registration
certificate/certificate of incorporation & resolution.;.
 Power of delegation to operate accounts.
 Identity proof (PAN, EC Card, Driving Licence, Passport).
 Passport Size Photograph - 2.
 Proof of residence address.
 Introduction as pe bank norms.

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 Service Charges For Current Account
Present Rates
 Minimum Balance for opening &  Rs.2000
maintaining the A/c  Rs.20
 Penalty on every occasion in case of default  Rs.20
in min. balance
 Rs.20
 Cheque Return charges (including ECS)
 Rs.100 or less to be
 Return cheque to be sent by Post re-covered as
 If the balance is very less and no service charges.
transaction during past one year  Rs.1.50 per cheque
 Rs.1 per cheque.
 Cheque Book charges  Nil
 If weekly Average is over Rs.1 lac or min.
balance is over Rs.0.50 lac during past 6
months.  Rs.25
 Weekly average balance above Rs.5.00 lacs  Rs.15
 Ledger Folio charges (once in Mar.) Charges  Rs.10
per folio on weekly average balance.  NIL
 upto Rs.25000/-
 Rs.25001/- to Rs.50000/-
 Rs.50001/- to Rs.100000/-
 Rs.100001/- to Rs.200000/-
 Over Rs.200000/-

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 Fixed Account
 An investment of your surplus funds or to create a buffer fund for
your future requirements like children's education/marriage, to buy
a car or for a dream holiday. You will find a product that suits your
requirement in all our branch.
 Open an savings Deposits account and place funds in FLEXI Deposit
scheme, wherein term is not fixed and provides liquidity as well as
benefits of higher returns.
 Deposit tenure minimum 15 days and maximum 60 months.
 Interest payable depending on tenure of deposit on
monthly/quarterly basis or on maturity.
Interest Rate
 On pre-mature withdrawal of deposited amount interest will be
calculated at 1% below the rate applicable for completed period of
deposit
Eligiblity
 Resident Indian, Companies, or a Co-operative Society.
Societies,Trust,Firms,SHG's.
Document Required
Applicants must satisfy the following documentation requirements:
 Identity proof (PAN, EC Card, Driving Licence, Passport,Employer
Certificate for Proof of identity ).
 Passport Size Photograph - 2.
 Proof of residence address.
 Introduction as pe bank norms.
Facility
 You can give standing instructions like transferring of interest
earned to an account at regular intervals.
 The minimum balance of deposit is Rs.1000.
 Loans against deposits available up-to 90% of deposits available.

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  Nomination Facility - Available.

 Recurring Deposit Account

 Encourages savings habits to save for future necessity like, to
create a fund for your children's education or marriage or to buy a
car or for a dream holiday.
 Recurring deposit is a scheme where depositor commits to deposit a
fixed amount for a fixed period of time (for instance Rs 500 every
month for 12 months)and gets a lump- sum amount at the end of
defined period. The terms i.e., fixed amount, interval and fixed the
period that is decided at the time of opening the deposit can not be
modified / altered.
 High interest rates of interest.
 Non-applicability of Tax Deduction at Source(TDS).
 Minimum amount required to open RD account is Rs 100/-,
subsequent deposits in multiples of Rs. 100/-.
 Deposit tenure minimum 12 months and maximum 60 months.
Facility
 You can give various types of standing instructions like transfering
of fund from deposit accounts at regular intervals.
 Loans against deposits available up-to 90% of deposits avialable.
 Nomination Facility - Availabe.
 Pass-book.

Eligiblity
 A resident Indian.
 The minimum balance of deposit is Rs. 500 per month and
thereafter, in multiples of Rs. 100.
Document Required
 Identity proof (PAN, EC Card, Driving Licence, Passport).
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  Passport Size Photograph - 2.
 Proof of residence address.
 Introduction as pe bank norms.
 .

RATE OF INTEREST ON DEPOSITS

Sr.
Fixed Deposit Period Below Rs.25 Lacs (%p.a.) Rs.25Lacs and above(%p.a.)
No.

1. 7 to 14 Days 4.00 4.20

2. 15 to 29 Days 4.00 4.20
3. 30 to 45 Days 4.00 4.20
4. 46 to 90 Days 4.25 4.65
5. 91 to 180 Days 5.50 5.60
6. 181 days to 1 year 6.50 5.85
Over 1 year to 2
7. 7.25 6.75
years
Over 2 year to 3
8. 7.25 6.75
years
Over 3 year to 5
9. 7.25 6.75
years
Over 5 year to 8
10. 7.50 7.00
years
11. Sahakar Kar Bachat Yojana (Above 5 years) 7.50
12. Saving Bank (On Daily Balance w.e.f 01/04/2010) 3.50

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 Sahakar Kar Bachat Yojana
 Deposit tenure minimum 5 years in any of RSCB Branches.
 Minimum amount of Deposit- Rs.100 and in multiples of 100
thereafter subject to a maximum of Rs.1,00,000/- in a financial year.
 Qualify as an investment for the purpose of deduction under sec.80
(as of I.T. Act 1961).
 Premature withdrawal of the deposits made under the scheme shall
not be allowed before completion of 5 years. In the event of death
of holder of a deposit in respect of which a nomination is in force,
the nominee or nominees shall be entitles at any time before or
after the maturity of the deposit to encash the deposit.
 The deposit shall not be pledged to secure loan or as security to any
other asset.
 The fixed deposit receipt issued under the scheme shall be
governed by the provisions of The Bank Term Deposit scheme 2006
Notification No.SO 1220(F) Dated 28/07/2006.
Interest Rate
 8.5% pa. Interest payable monthly/Quarterly or in lump sum at the
time of maturity.
 Interest accrued or paid during a financial year shall be liable to tax
under the Act and provision of TDS shall apply.
Eligiblity
 Can be made in single name of an individual or in the single name of
Karta of a HUF.
 Can be made in joint names also but benefit of deduction shall be
available only to the first holder.
 Joint fixed deposits can be made in the name of two adults, an adult
and a minor and payable to either of the holders or to the Survivor.
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Document Required
Applicants must satisfy the following documentation requirements:
 Identity proof (PAN, EC Card, Driving Licence, Passport, Ration
Card).
 Passport Size Photograph - 2.
 Proof of residence address.
 Introduction as pe bank norms.
 KYC Documents.

 Sahakar Sugam Credit Cash Scheme
Products - Sahakar Sugam Credit Card/Cash Credit Scheme
 To meet credit requirements of very small entrepreneurs, Retailers,
Artisans and Ancestral Craftsman to enhance their business and
productivity.
 To meet credit requirements of Small Shopkeepers such as Pan
Shop, Cobblers, Road Side Vendors and hawkers.
 To meet credit requirements of house-hold productive activities of
ladies.
Quantum of Loan
 Up to Rs.25,000/- (No collateral security required).
 Up to Rs.50,000/- against equivalent collateral security .
Disbursement
 Operative period - Three Years.
Rate of Interest
 12% p.a. Fixed.
 Interest will be lived on monthly basis.
Repayment Period
 Maximum 6 Months.
Documents required along with duly completed Application Form.
Loan Documentation
 Loan Agreement on stamp paper as per bank's norms.

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  Guarantee deed on stamp paper as per bank's norms.
 Memorandum of deposit of title deeds.
 Demand & time Promissory notes.
 Letter of continuity.
 Letter of undertaking in the prescribed format.
REGIONAL OFFICE & BRANCHES OF RAJASTAN CO-
OPERATIVE BANK

RSCB Regional Offices RSCB Jaipur Branch

Jaipur Office
Nehru Shahkar Bhawan
Bhawani Singh Road, Jaipur
B.M. Shri S. K. Gangwar
Bikanar Office
39,Punchshati Circle
Sadurlaganj, Bikanar
Jawahar Nagar
CC 212, Gola Market, Jaipur
B. Manager Shri Tushar Karodia
Lal Kothi
DC-1,Tonk Road Near Nehru Place,
Jaipur

B.M. Shri Manoj Kumar Saha B. Manager Shri Jagan Nath Singh

Jodhapur Office
C-Scheme
Rajiv Gandhi Shahkar Bhawan
J.D.A Complex
Compound
Ahinsa Circle, Jaipur
near Raliway Station, Jodhapur
B. Manager Shri D. L. Meena
R.M. Shri Umesh Aggrawal
Uidaipur Office Barkat Nagar

1173-74, Hinrun Maghri Sharma Store Lane

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Uidaipur Tonk Phatak, Jaipur

R.M. Shri K.M Babel B. M. Shri G. L. Agarwal

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