Andaman & Nicobar State Cooperative Bank Ltd. Inaugurates Modernised Branch with ATM at Aerial Bay

24th February, 2018:
The Andaman & Nicobar State Cooperative Bank has inaugurated its’ Modernised Branch with ATM facility at Aerial Bay, North Andaman on 21st February, 2018 at 10.30 am.

Shri Shailendra Kumar, Assistant Commissioner, Diglipur was the chief guest on the occasion. The programme was also attended by Shri. Bhagat Singh, Chairman, Smt. Laxmi Singh, Shri. Arbindo Mondal, Director, Shri. J Bobby, Zilla Parishad Member, Shri. K Murugan, Managing Director, Bank officials, a large gathering of SHG members and local residents of the area.

Shri. K Murugan, Managing Director (MD) welcomed the Chief Guest and all the dignitaries present on the occasion. He added that this is the 24th ATM of the bank and with this addition; the Aerial Bay branch has added one more feather in rendering banking services for the people of the area. He briefed the gathering about the various schemes of the bank and also urged the people to come forward and join hands with the Cooperative Bank. He further appreciated the Management of the bank in modernising the Aerial Bay Branch. He also appraised that since the inception of the Aerial Bay branch in the year 1989, the branch is rendering its services to over 7000 customers and presently has a deposit base of Rs. 18 Crores and advances (loan) of Rs. 2.00 Crores with over 100 Self Help Groups (SHGs) affiliated to the bank.

Shr. Arbindo Mondal, Director of the bank also spoke on the occasion and urged the people to take maximum benefit of the ATM services.


Smt. Laxmi Singh felicitated the 1st Customer of the bank Smt. Renuka Biswas with a shawl and bouquet.

Shri. Bhagat Singh, Chairman in his address urged all the people present on the occasion to open more accounts with the bank and take the benefits of ATM services of the bank. He also highlighted that the Aerial Bay branch is rendering banking services to the remotest corners of the Diglipur area like Smith Island, Ganesh Nagar, Sagardweep, etc. The Chairman also highlighted the various schemes of the bank to the gathering.

The Chief Guest, Shri. Shailendra Kumar, Assistant Commissioner, Diglipur in his key note address conveyed his wishes to the people present on the occasion of inauguration of new ATM at Aerial Bay. He has urged all the people present on the occasion to strive and work had with dedication and sincerity for a better living. He further highlighted that there are tremendous scope of work for people to empower themselves and become self-independent by availing the schemes of the bank. He further urged all the Self Help Group members present on the occasion to come forward and avail credit facility from the bank for the improvement of socio-economic conditions.

The programme ended with vote of thanks by Smt. Jababati Roy, Branch Manager, Aerial Bay branch.