dkjmahila@gmail.com, ho@dkjmahila.com 0824-2428593, 7026014666

Presidents message

BHARATHI_BHAT_PRESIDENT
Smt. Bharathi G Bhat
President


It gives me great pleasure to welcome you all to Dakshina Kannada Jilla Mahila Co-operative Bank Ltd., through official website of the bank . The website is an important tool for the development of the Bank business as it provide upto date detail and information about all the activities of the Bank which will facilitate the members and customers to use the services of our Bank easily.
Our Bank is established as first Mahila Urban Co-Operative Bank in District in the year 1994. The Bank has been serving economical weaker section of women for the past 25 years with dedication and total customer focus.
I feel very proud to let you know that the Management of the Bank has always taken a keen interest in providing quality services to our valued customers. The Board of Directors is trying its best to keep the Bank successful in the changing and challenging times. On behalf of the Board of Directors I convey my warm greetings to all of you and assure you that our bank provides a better and personalised service to all its customers and society as well.
In this connection I offer my heartfull thanks to all the founder Board of Directors who has worked wholeheartedly.
Nothing would have been possible without the support and co-operation of all our respected members, administrative wing, staff and all our wellwishers.

I thank each and every one of them for being with me and also request their continued support for all current & future activities of our Bank.



Sarala Kanchan Mahila Bank Founder’s Note on formation of Mahila Bank:



Around 1988 Central Government had approved several programs to empower women but most women were not aware of these women-oriented schemes and projects. Women at this period were looked down upon in terms of financial independence. As a social worker I recognized the need of banking help and moral support to empower women in the society.
At the time when I was the Zilla panchayat member from the Kota constituency in 1988 / 89 there was a destitute woman at Giliyaru village who had lost her husband and was looking after her 2 small kids by selling cow’s milk. This meagre amount was insufficient for her to manage her family and she approached me to help her to buy a better breed of cow so that she will be self-reliant. To support her I had approached a Nationalized bank for a loan with this lady, initially the bank manager agreed to support the lady but later on when she visited the bank alone, she was questioned with how she intends to pay back this loan and also asked her to submit collateral etc and eventually she was sent back with non-processing of her loan. Similarly, in another village Waddarse, government had sanctioned 5.5 cents land to the homeless for 30 to 40 families as part of the Ashraya scheme. As the government funding for building a decent house was insufficient people had approached a nationalized bank who again refused to sanction loans for this purpose on the basis of how the loan will be paid back. This really upset me. Other than this small-scale business run by women were being refused loan facility by these nationalized banks.
This was the time when it was foreseen the need of strong women’s representation in the banking sector.
I was the Vice president of the Government Cooperative Union for the district. Cooperative experts like Late Sri. Perarje Srinivas Rao, Late Sri. K. C. Kunder, Late Sri. Oscar Fernandes, Shri. Shambu Shetty and Sri. Naraya Nayak etc discussed this issue and decided to start a women Cooperative bank and requested for the permission from The Cooperative Department and the approval was received with the condition capital deposit sum of Rs.35 lakhs. We collected 3 times more deposit than the stipulated amount of Rs.35 Lakhs. This was achieved by issuing shares of Rs. 100 each.

Great support received from Anganawadi and Mahila mandals which I founded in every village. Also, every district’s Mahila Okuta (Organization) supported launch of the newly founded bank. That is how Mahila Co-Operative Bank was born. . It was also decided to appoint only women directors from each taluk who had experience in cooperative field to exhibit a good leadership. Currently we have 3 branches, with a strength of 9175 members holding a total deposit of Rs. 31 Cores.




Gallery




Founding Board Members


Bharathi G Bhat

President

K Pushpa Shet

Vice President

Sarala B. Kanchan

Founder President & Director


Directors

Sujitha V. Bangera
Director

Shantha R
Director

K. P. Padmavathi
Director

Shobha R. Nalluraya
Director

Shailaja V. Karkera
Director

Shantha P. Bhat
Director

Prafulla T
Director

Hemavathi
Director

Preethi Rai
Director

Mr. I. Raghuram Rao
Director

Mitra Bai
Director

Sarala B. Kanchan
Founder President & Director

K Pushpa Shet
Vice President




The following are elected to the Governing Body for a period of cooperative years


Bharathi G Bhat

President 2024-2025


Directors

Sarala B. Kanchan
Director

Prafulla Rai
Director

M. Sunanda
Director

Aanandi S. Rao
Director

Hemavathi N. Hegde
Director

Lakshmi K Nair
Director

Leelavathi Shetty
Director

Prabhadevi K. M
Director

Pushpa J. Rai
Director

Seethamma B Puthran
Director

Sundari S
Director

Sarala B. Kanchan
Director

Sujitha V. Bangera
Director

Bharathi G Bhat
Director

Devaki P
Director

Elizabeth J Pereira
Director

Harini Sadashiva
Director

Jacintha Pais
Director

Judith M R Mascarenhas
Director

K. P. Padmavathi
Director

Kasthuri P Shetty
Director

Lakshmi K Nair
Director

Meenakshi
Director

Meenakshi S
Director

Monica Menezes
Director

Mr. I. Raghuram Rao
Director

Rekha R
Director

Shakunthala T Shetty
Director

Sharika T Rai
Director

Shobha R. Nalluraya
Director

Shubhangi Shetty
Director

Sujitha V. Bangera
Director

Sunanda Boloor
Director

Uma R Hegde
Director

Yashavanthi Alva
Director

Yashoda Hande
Director

Prafulla Rai
Director



Rate of Interest on Deposits


Sl.No.TermDescriptionGeneral
(% per Annum)
For Senior
Citizens
(% Per Annum)
1 15 Days - 45 Days 3.50 4.00
2 46 Days - 89 Days 4.00 4.50
3 90 Days - 179 Days 5.00 5.50
4 180 Days - 364 Days 5.50 6.00
5 1 Year 8.00 8.50
6 Above 1 Year 7.60 8.10
7 RD 1 year and above 7.50 --
8 S B A/c 3.00 --
9 1 Year -(For co-operative societies ) 8.75 --


Contact us

Our Address

Janatha Bazar Building, GHS Road, Mangalore-1

Email Us

dkjmahila@gmail.com

Call Us

0824-2428593