The Bharat Co-operative Bank (Mumbai) Limited, registered under The Maharashtra Co-operative Societies Act, 1960 (Registration

No. Bom/Bank/138 of 1977 dated 9th June, 1977) popularly known in the metropolis as Bharat Bank has commenced its Banking operations with a capital base of Rs.6.32 lacs from its present registered office at 64/72, Mody Street, Fort, Mumbai - 400 001 since 21.08.1978. The Reserve Bank of India has issued Banking License vide License No.ACD.MH 108-P dated 8th June,1978. History In the year 1978, several young, enthusiastic and like-minded social workers associated with The Billawar Association, Mumbai , a leading Charitable Institution sponsored the Bank. The Bank was established with an intention to promote social justice and welfare and to take banking to the masses especially middle class and low-income group of people to support their standard of living. It was initially difficult to collect share amount of Rs.10/- for one share. Now the Bank is enjoying enormous confidence and loyalty from the members, depositors, well wishers and public in general. The Bank has made enormous progress during the period of 33 years of its banking business due to confidence bestowed by the people at large. A common man has no hesitation to invest his hard earned money in Bharat Bank for safety and better returns. The Bank now known for its service, clean image and young team of personnel has carved its own niche as one of the best Banks in the Metropolis having a customer base of more than 12 lacs. The Reserve Bank of India has conferred scheduled status to the Bank on 22nd April, 1996 and the Bank subsequently registered as Multi-State Scheduled Co-operative Bank on 26th September, 1997 vide Registration No. MSCS/CR/71/97 dated 26th September, 1997. Today the Bank has 36 Branches which include 7 branches in Karnataka, four of which are located in Bangalore and one each in Udupi , Mangalore and Suratkal. During the financial year 2008-2009 two new branches were inaugrated, one each at Pune and Udupi. Both have received good response from the members and customers. The 35th and 36th Branch was inaugrated at Suratkal on 14th September and Goregaon(WEST) on 29th November 2010. In spite of not too conducive atmosphere prevailed in the Banking scenario particularly in the co-operative Banking sector the performances of the Bank during the last few years deserves notice. The Bank has posted a net profit of Rs. 27.55 crores for the financial year ended 31st March 2010 as against Rs. 30.52 crores for the previous year after making necessary provisions in accordance with the extent guidelines of RBI. The Bank has made appreciable progress in the last decade of its banking operations in terms of opening of branches, mobilization of deposits, deployment of resources and profitability. The shareholders have also benefited due to attractive dividends. The Bank has capital adequacy ratio at 16.89% as against RBI stipulation of 9% and thus maintaining strong financial solvency and net worthiness. The Non-Performing Assets (NPA's) were reduced to Rs 28.73 Crores as on

31st March 2010 from Rs.33.62 Crores as on 31st March 2009.Consequently the gross NPA's was reduced to 1.57% as on 31st March 2010 from 2.24 as on 31st March 2009 and the net NPA's was 0% as on 31st March 2010,reflecting healthy loan portfolio of the bank. PERSONNEL: Banking is essentially a service industry more so in case of Co-operative Banks. In the fast changing environment, the definition of Banking has undergone metamorphic change and therefore updating skill and knowledge of employees is need of the hour. Bharat Bank has always emphasized on the quality of its personnel and extensive training is being given to the employees in core areas of Banking through in house as well as external training sources.

SAGA OF SUCCESSFUL GROWTH

As on Branches No. of Share Loans & Working Deposits Employees capital advances Capital Net Audit Dividend Profit Classification

30.06.1985 30.06.1990 31.03.1995 31.03.2000 31.03.2001 31.03.2002 31.03.2003 31.03.2004 31.03.2005 31.03.2006 31.03.2007 31.03.2008 31.03.2009 31.03.2010 31.03.2011

3 5 11 25 29 29 30 30 30 30 30 30 33 34 36

66 235 330 561 622 676 675 674 663 660 662 662 691 749 769

0.29 1.27 2.77

5.34 34.50 123.92

3.30 24.85 72.71

6.05 38.56 143.02

0.11 0.36 3.04

12% 12% 15% 17% 17% 17% 25% 17% 17% 15% 15% 15% 15% 15% 15%

'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A' 'A'

9.67 529.03 359.00 601.13 10.40 12.70 651.97 457.51 743.51 12.02 14.78 752.45 510.13 863.18 8.83 17.02 847.49 556.17 980.67 9.85 22.40 981.27 626.93 1150.51 12.04 27.59 1090.75 709.20 1284.50 14.07 33.40 1250.91 817.51 1478.44 17.64 38.85 1462.65 1014.55 1733.70 21.51 46.62 1789.79 1268.39 2092.46 26.15 56.59 2226.64 1497.90 2603.73 30.52 66.43 2664.18 1834.29 3082.09 27.55 71.74 3196.14 2312.99 3755.46 47.99

The Bank has made appreciable progress in the last decade of its banking operations in terms of opening of branches, mobilization of deposits, deployment of resources and profitability. The shareholders have also benefited due to attractive dividends. The Bank has capital adequacy ratio at 16.89% as against RBI stipulation of 9% and thus maintaining strong financial solvency and net worthiness. The real or exchangeable value of paid up share capital reserves of the Bank (networth) as on 31st March, 2009 was Rs.250.43 Crores. The gross nonperforming assets (NPAs) as on 31st March, 2009 was Rs.3362.18 Crores forming 2.24% of the total loans and advances and net non-performing assets (Net NPAs) was NIL forming zero percent of the

net loans and advances. There was no default in maintenance of prescribed CRR & SLR since inception of the Bank. The Banks net profits after making statutory provisions for the year 20062007 was Rs.21.51 Crores and for the year 2007-2008 was Rs.26.15 Crores and for the year 20082009 was Rs.30.52 Crores. The Ex Chairman and present Director, Shri Jaya C. Suvarna, with his selfless, social and leadership qualities and able support of the present Chairman, Shri V. R. Kotian and Vice Chairperson, Ms. Rohini J Salain alongwith the team of Directors led the Bank to the newer heights ably supported by the dedicated team of Board of Directors and Staff at all levels. The total business of the Bank at present is Rs.4350 Crores.

Services:
Demand draft Customers can purchase demand draft for various purposes.Future Begins Today Pay order:
Banks Payorder are utilized for making payments for Tenders and other purposes like securing admission to various courses of Mumbai University, students who do not have account with the bank can purchase Payorders. Insurance

We are corporate agents of Life Insurance Corporation of India The Government owned largest Life Insurer having wide range of plans. These plans are designed to meet different long term and medium term needs of individuals such as protection, savings, investment, loan cover, retirements solution and so on. Plans include endownment, whole life, money back, child's future, women, handicapped dependent, pension, guaranteed return, unit linked etc.

Farnking
Franking facility has been introduced at our branches .Goregaon

(E),

Mulund(E), Chembur, Bhiwandi, Pune (Dhankawadi) to

enable customers to have franking facility at nominal cost thus saving their valuable time & effort. Rtgs & Neft

Real Time Gross Settlement The acronym RTGS stands for Real Time Gross Settlement. RTGS system is a funds transfer mechanism where transfer of money takes place from one bank to another on a real time and on gross basis. This is the fastest

possible money transfer system through the banking channel. Settlement in real time means payment transaction is not subjected to any waiting period. The transactions are settled as soon as they are processed. Gross settlement means the transaction is settled on one to one basis without bunching with any other transaction. Considering that money transfer takes place in the books of the Reserve Bank of India, the payment is taken as final and irrevocable. National Electronic Fund Transfer NEFT (National Electronic Fund Transfer) is electronic fund transfer mode that operates on a deferred net settlement (DNS) basis which settles transactions in batches. In DNS, the settlement takes place at a particular point of time. All transactions are held up till that time. For example, NEFT settlement takes place 12 times a day during the week days (9.00 am. to 7.00 pm) and 5 times during Saturdays (9.00 am. to 1.00 pm). Any transaction initiated after a designated settlement time would have to wait till the next designated settlement time. Contrary to this, in RTGS, transactions are processed continuously throughout the RTGS business hours.

Letters of credit
Letter of Credit can be opened in customers favour for their various requirements like exports, imports etc. Premium society account:

Understanding the needs of Co-operative Housing Society, Our Bank has developed a Unique & Innovative "Prmium Society"account , fully customized to the needs of individual housing society. The account provides for a amazing bundle of facilities aimed to destress the work of managing committee members, specially the treasurer and the Secretary.

ABSOLUTE CONVENIENCE....... DOOR STEP SERVICE

You do not have to come to the bank or send your security guards and other society personnel to deposit cheques, collect statements of accounts etc. The Bank's representative will come to the society premises and collect the maintenance cheques 3 TIMES a month. You can specify the date(s) of collection based on your society's Bill due-date ,Bill generation date etc.

SMS CONFIRMATION
Each member will recieve SMS confirming collection of cheques.

HASSLE FREE ACCOUNTING

You do not have to prepare PAY-IN slips or maintain records and details of cheques recieved and bounced.

FREE BILL AND RECIEPT GENERATION

Issuance of Bills and reciepts has always been a time consuming activity for the committe members of the society. With a Premium Society account , the bank will do this activity for the society, absolutely free any charges. Bank will provide a detailed Bill-cum -Reciept as per the billing frequency of the society. The society can ask for monthly, Quarterly, Yearly bill generation. The bill is fully customisable and will contain component wise break up against each flat(For e.g Property taxes, Security charges, Sinking Fund, Repairs fund, Lift charges etc). The components will be as per the needs of the society.

FREE CHEQUE DROP BOX

Bank will provide a unique cheque drop box absolutely free of cost.Cheques deposited after due date will be charged penalty as per the penalty charges policy adopted by the society.

FREE STATEMENT OF BILLING - RECIEPT DETAILS

Bank will proved a periodic statements of Billing and Reciepts details to the society containing flatwise billing and reciepts data alongwith outstanding balance against each flat. On request, Outstanding listing will also be provided by the bank free of cost. Society can also request for additional fee based customised reports like statement of account of account of 1 flat since say last 2 years containing billing, reciepts, penalty, charges etc or duplicate bills etc.

FREE CHEQUE BOOK, PAY ORDER, DD

Bank will provide cheque books totally free of any cheque book charges. The Society can issue unlimited cheques, Similarly Payorder and Demand Drafts too will be provided free-of -cost to the society.

BENIFITS TO THE SOCIETY

The society gets Bank certified statement of accounts as well as Bank certified bills and reciepts. The Bank will provide certified statements of members outstandings, reciepts, bills etc for audit

purposes totally free of cost. No hassles of tallying and reconciliations. Thus you can RELAX with a Premium Society Account. The Bank will consider providing additional value added services to the society / members on continuity of a mutually satisfying banking relationship.

CRITERIA FOR PREMIUM SOCIETY ACCOUNT

Society or group of society or federation should have a minimum of 50 members to avail the facilities provided to premium society accounts. If the society does not fulfilling the above criteria, the bank on a case-to-case basis, will consider offering part of its bouquet of services free of cost or offer services at a nominal fee to such society.

HOW TO BEGIN
Society will provide ONE TIME data. The necessary forms will be provided by the bank. Alternatively society can provide data in an excel sheet file prepared by the bank. Once the data has been uploaded successfully, the bank will contact society personnel and will decide on the bill cycle. BILLS & DISCOUNTING
Bills can be purchased and discounted at all the branches of the bank for various needs of the customers. Dedicated team at Central office looks after all the aspects of Bills Discounting & bank guarantees. Bank guarantees Bank Guarantees can be availed by customers to finance big projects, tenders and export orders. Travellers cheque Travellers cheques can be purchased by customers of the bank at any of the branches for traveling purposes. Bank guarantees: Bank Guarantees can be availed by customers to finance big projects, tenders and export orders.

LOAN
Interest rate of loans and advances:

Rate of Interest on Loans And Advances With Effective From 1st July, 2011
Sr. No. a) 1 (Other than House repairs & Suvidya Loan) 2 a) b) c) 3 4 5 Consumer Loan Griha Anand Loan Consumer Loan with collateral security of immovable properties / vehicles / Autorickshaw Loan against Gold ornaments / Bonds Loan / Overdraft against Govt.securities and Bonds
For Existing Borrowers

CATEGORY

Rate of Interest

Loans against Personal Surety/ Unsecured Loans 18.00 18.00 18.00 15.00 15.00 14.00

Housing Loan
Upto loan (sanctioned) amount of Rs.25 Lakh

1)

12.00

a) 2)

Above loan (sanctioned) amount of Rs.25 Lakh

12.50

For New Borrowers

1)

b) 2)

Upto loan (sanctioned) amount of Rs.25 Lakh

13.00

Above loan (sanctioned) amount of Rs.25 Lakh

13.50 18.00 15.50 14.50 13.00 15.00

12.00 12.50 12.50

b) c) 6 a) b) c)

House Repairs (other than Griha Shobha Loans) Griha Shobha Loan Vehicle Loan Autorickshaw / 3 wheeler Loan For Personal Use For Commercial Use (Other than Autorickshaw/3wheeler Loan) New Vehicle Personal Use Used Vehicle New Vehicle Used Vehicle

Pushpak Vehicle 7 Loan for Commercial Use 8 Vidya Vahini Loans

13.50 12.50 13.00

Without Gestation period With Gestation period

9 Loan / Overdraft against deposits a) BDD b) Against Self Deposit c) Against Deposit in the name of Third Parties 10 Loan / OD against Shares / Debentures 11 a) b) 12 Business Loans Doctors & Nursing Home / Hospitals Self Employed Professionals

13.00 1.00 + A 1.50 + A 15.00 14.50 14.00 15.00

15.50 (Repayment period above 5 years upto 7 years)

13 Mortgage Loan

14 Vyapar Overdraft
15 Rent- A - Loan

16.00 (Repayment period above 7 years ) 15.50

15.00

16

Purchase and Discounting of Cheque / Bills / Unsecured Multani Hundies / Demand draft (Other than sanctioned Limit)

21.00
17.00

17 Loans to commercial Real Estate Sectore

18 19 20

21

22

Discounting of LC / Foreign Bills with ECGC Cover / Secured Hundies drawn on reputed Ltd. Companies (LC issued by our Bank) Discounting of LC / Foreign Bills with ECGC Cover / Secured Hundies drawn on reputed Ltd. Companies (LC issued by other Bank) Excess drawals in Cash Credit and Overdraft accounts / TOD / Clean Overdraft Limits / Clearing House Balance / Return of Inward Clearing Cheques for want of Funds / Drawals against Cheques sent for collection Interest on outstanding debit balance (day wise product) in Cash Credit limits and VODs during the period from validity expiry date of limits till date of sanction of renewal / conversion. Interest on outstanding debit balance (day wise product) in Cash Credit limits and VODs for the period when there is no Drawing Power on account of non submission of monthly statements of Stocks, Debtors & Creditors (irrespective of the fact that whether the limit is within the validity Period or not)

11.50 12.00 21.00

18.00

18.00

A = above the Rate of Interest on Deposit Bench Mark Prime Lending Rate (BPLR) at 13% with effect from 1st April 2009

Housing loan

For purchase / construction of residential premises. Loan against mortgage of house / flat. Maximum amount upto ` 50 Lakhs. Value of stamp duty and registration may be considered for maximum amount eligible for loan. Attractive rate of interest. Interest applied on daily reducing balance. Requirement

Can be availed by existing account or/and by applying for membership of the bank. Fair Income for Repayment.

Consumer loan:

Secured Loan to purchase consumer durables like Television, Refrigirator, Air-Conditioner, Jewellery, Computer, etc. Maximum amount upto Rs.1 Lakh. Repayment period upto 60 months. Attractive rate of interest. Interest applied on daily reducing balance. Reqirement

Quotation of consumer durable. 2 sureties. Fair Income for repayment.

Personel loan

For Self Marraige, Repyament of Debt. Maximum amount upto Rs.2 Lakhs. Sanction of Loan against personal surety. Repayment period upto 60 months. Attractive rate of interest. Interest applied on daily reducing balance. Requirement

2 sureties. Fair Income for Repayment Suvidha Loan

Education loan (Unsecured Loan) to meet the expenses for higher education. Maximum amount upto Rs. 2 Lakhs. Repayment period upto 60 months. Attractive rate of interest. Interest applied on daily reducing balance. Requirements

Studentship related documents. Fair income for repayment. 2 sureties.

Mortgage Loan

Secured loan for education, ceremony, repayment of debts. Repayment of unsecured loans or any other productive purpose against immovable properties. Maximum upto 15 lakhs against residential premises and/or 25 lakhs against commercial premises. Repayment period upto 60 months. Attractive rate of interest. Interest applied on daily reducing balance. Requirement

Mortgage of residential / commercial premises. Fair Income for Repayment

DEPOSITS:

Interest Rates on Term Deposit

Effective from 1st June, 2011.
Duration 15 Days upto 29 Days 30 Days upto 60 Days 61 Days upto 90 Days 91 Days upto 180 Days 181 Days to less than 1 Year 1 Year upto 2 Years Above 2 Years upto 3 Years Above 3 years upto 5 Years Above 5 Years Bharat Deposit General Public/Co-Op Societies/Banks % 4.00 Sr. Citizens % 4.00

5.00

5.00

7.00

7.00

7.75

7.75

8.60

8.60

10.00

10.25

9.25

9.50

8.75

9.00

9.00 9.75

9.25 9.75

Tax Benefit Scheme Bharat Akshaya Deposit Scheme III ( 500 days ) Bharat Akshaya Deposit Scheme III ( 500 days ) For Senior Citizens only

10.25

10.40

10.60

Savings Account

A Savings Account may be opened by Individuals / Minors / Regd. Co-op. Societies / Regd. Public Trusts / HUFs. Convenient and expert services. Avail Cheque Book facility. Nomination facility. ATM facility. Demand Draft (Local and outstation). Pay Order Gift Cheques Any Branch Banking Facility. RTGS Facility ECS Facility EFT Facility Tele Banking Facility. Collection of outstation Cheques.

Current Account

A Current Account may be opened by Proprietary Concerns / Partnership Firms / Public Ltd. Co. / Pvt. Ltd. Co. Demand Draft (Local and outstation). Pay Order. Gift Cheques. Any Branch Banking Facility. Tele Banking Facility. RTGS Facility. ECS Facility. NEFT Facility. ATM facility available for Proprietary concerns only. Remittances : Pay Order, Demand Drafts on any location in India. Collection of outstation cheques.

NRE Deposits The Bank has been authorized by the Reserve Bank of India to accept NRE accounts in form of Savings or Fixed Deposit Accounts. Bank offers following products in this category

NRE SB DBP MONTHLY QUARTERLY

Fixed Deposits Account may be opened by Individuals / Minors / Regd. Co-op. Societies / Regd. Public Trusts / HUFs. Minimum of Rs.100/- and above for a specific or a fixed period. Interest payable on monthly, quarterly basis or on maturity as per choice. Auto Renewal Facility with interest and without interest. Avail loan upto 95% of the deposit, if need be