Kendrapara Urban Cooperative Bank Recruitment 2026: Vacancy, Eligibility & Selection Process

The Kendrapara Urban Co-operative Bank Ltd, is one of the largest Co-operative Banks in the State. In its outlook and approach it has the objective of progress & prosperity for all. From a humble beginning in September, 1986 with a share capital of Rs. 1.75 lakhs held by 523 members and being registered under the Orissa Co-operative Societies Act vide Registration No. 123KE/26.09.1986, it commenced banking business after obtaining formal license from Reserve Bank of India in the year 1988. The bank was established under the dynamic leadership of Sri Bhagabat Prasad Mohanty, a noted politician, lawyer & social reformer of the State.

Today the Bank has become one of the largest Urban Co-operative Banks of the State having six branches operating at various places of the district and a corporate office at Kendrapara town in its own building. The area of operation of the Bank is now covered to the whole Kendrapara, Jajpur & Jagatsinghpur districts.

Now, the working capital of the bank stands at Rs.197 crore and Reserve & Surpluses at Rs.3.75 crore as on 31st March, 2022. Over the years, the bank has shown a satisfactory growth in deposits & advances. The deposits & advances of the bank stand at Rs.169 crore & Rs.103 crore respectively as on 31st March, 2022, and the bank has posted a net profit of Rs.23.49 lakh as on 31.03.2022. The growth rate of the bank compares well with that of others in the State. The bank has maintained a steady growth & profitability since its inception. Like previous years, our bank has been awarded as the 2nd best Urban Bank of the State for the year 2021-22.