Professional Documents
Culture Documents
previously known as The Punjab State Co-operative Land Mortgage Bank Ltd., was
registered on 26.02.1958, under the Cooperative Societies Act basically with the object
to grant long term loans to the owners of land or other immovable property so as to
enable them to discharge their debts, to carry out Agricultural improvements, to acquire
land for the formation of economic holdings and other purposes, thereby to promote
thrift and self help among them.
Working AreaAt the initial stage, the Bank had started functioning through the Central
Cooperative Banks, by appointing them as its Agents. The Agency system was
discontinued in the year 1962 when 14 Primary Cooperative Land Mortgage Banks ,
now known as Primary Cooperative Agricultural Development Banks came into
existence and were affiliated to the then-The Punjab State Co-operative Agricultural
Development Bank, for the purpose of advancing long term loans to the farmers in the
State.
The long term structure in the Punjab State, as such, is a Federal Structure with Punjab
State Cooperative Agricultural Development Bank (in short, SADB) as an Apex
Institution with Primary Cooperative Agricultural Development Banks as its members (in
short, PADB). At present, the number of the Primary Cooperative Agricultural
Development Banks in the State is 89, besides two other members i.e. Punjab State
Electricity Board and Punjab State Tubewell Corporation. Each PADB, while seeking
membership to the SADB is required to purchase atleast, one share of the value of Rs.
1000/- and pay Rs. 1000/- as Admission Fee.
Loaning Procedure
A person applying for a loan from a PADB has to first become an A Class Member of
that PADB by purchasing Five shares of Rs. 100/- each. A person can become a
member and enjoy certain rights without applying for loan. The Application for
Membership and Loan can be submitted in the PADB simultaneously or separately. All
the applications have to be addressed to the Manager of the Bank in the prescribed
format, which is provided free of cost by the PADBs. Every application for Loan is
disposed off by the bank within a period of 15 days but applications from women are
Now the bank has laid more emphasis on small loans so as to cover large number of
farmer families.
Training
by way of passage of Cooperative Credit Societies Act, 1904. The Govt Policy about
the Cooperatives became more comprehensive by an amendment in the act in the year
1912. Maclagaon committee advocated in 1915 There should be one cooperative for
every village and every village should be covered by the cooperatives. Thereafter, the
cooperatives became provincial state subject in the year 1919. The cooperatives
remained a mass movement of masses and this model will remain in existence till the
existence of mankind.
strengthened by the role of network of training institutions not only in the country but
through out the globe starting from the International Cooperative Alliance at the top and
replicating to the level of village level society in every country. On the similar lines
almost every cooperative sector in India is covered through the network of training
institutes. The Agricultural Development Banks (LDBs) across the country are providing
training to its employees through the training centres under the aegis (JLTCs) in the
country. These training centres are getting reimbursements from National Bank for
Agriculture and Rural Development (NABARD) under its SOFTCOB norms (policy).
CHANDIGARH.
2010-11 32 777 08 09 15
2011-12 54 1140 37 00 17
2012-13 21 462 4 01 11
Personal Loans
This scheme aims at providing credit facility for meeting out socioeconomic needs of
Son/Daughter Marriage, Holiday Tour with family or any other basic requirements
FEATURES
The Bank is implementing the schemes for the following major purposes :-
The Bank is also playing a vital role in elimination of unemployment in the State. For this
purpose, the Bank provides gainful self employment to the educated unemployed
youths for establishment of Dairy Units of 10, 20, 30 & 50 animals etc.Switched over to
Non-Farm Sector in the year 1993 - 94 and started financing ventures of Self-
S.No Major Sub- Name of the scheme Repayment Grace Mode of Repayment
Purpose Purpose period Period of Loan
Code Code (inclusive
of Grace
Period)
01 MINOR IRRIGATION
OUR MANAGEMENT
15. S. Manmohan Singh s/o S.Rashpal Singh Director Dera Baba Nanak
17. S. Jesrat Singh Sandhoo s/o S. Gurinder Pal Director (Nominee C/o The Fazilka
Singh (Nominee of PSCB, Sec 34, of PSCB - Sector Central Coop. Bank
Chandigarh) 34, Chd.) Abohar
BRANCHES
HEAD OFFICE
Email: sadbmd@yahoo.in
Patiala Division
R.O. Patiala SCO. 8, Near Sodhi Eye Hospital, S.S.T. Nagar, 0175-5002852,
Patiala. 147001 2370039, 501854
I AGM Patiala SCO 8, Near Sodhi Eye Hospital, S.S.T. Nagar, 0175-5002939,
Patiala. 147001 5012939
4 Rajpura SCO No. 4014-15 Near Railway Station & Bus 01762-501180,
Stand Rajpura.140401 222202
III AGM Ropar House No 316, Giani Zail Singh Nagar, Near 01881-228940,
LIC Building. Ropar 140001 01881-220176
3 A.P. Sahib Mohalla Sis Ganj, Near Old Thana, Above 01887-233185,
Allahabad Bank. Anandpur Sahib. 140116 01887-230185
1 Ludhiana The Ldh Primary Co-op Agri. Dev Bank ,near 0161-2410804
Govt. College for Boys, Sant Nagar, Civil Lines , 0161-4616624
Ludhiana. Pin Code-141008
2 Maloud The Maloud Primary Co-op Agri. Dev. Bank Ltd. 0161-2857501
Near grain market,Payal Road, Maloud Pin
Code-141119
Sr. Field Office Phone No
Address
No. Offices With STD Code
5 Doraha The Doraha Pri.Co-op. Agri. Dev. Bank Ltd near 01628-257012
grain market,Doraha Pin Code-141421
Jalandhar Division
Office phone
Sr.
Field offices Address no. With std
No.
code
R.O. Office 58/505 Opposite Jr. Model co-ed school , Shastri 181-4613337
Market, Nehru garden road, Jalandhar 181-2227943
Office phone
Sr.
Field offices Address no. With std
No.
code
AGM Jalandhar 58/505 Opposite Jr. Model co-ed school , Shastri 181-2457389
Market, Nehru garden road, Jalandhar
AGM Taran Tarn Jandiala Road Opp. Sri Guru Harkrishan Public 01852-
School Tarn Taran 223096,
01852-
229928
24 TARAN TARAN Jandiala Road Near Sri Guru Harkrishan Public 1852-222448
School Tarn Taran 01852-
5000465
Ferozepur Division
III Agm Office, Near Children Park Opp. City Center Mall (Big 0164-2217562
Bathinda Cinemas) Civil Lines, Bathinda
1 BATHINDA Near Children Park Opp. City Center Mall (Big 0164-5007937,
Cinemas) Civil Lines, Bathinda 0164-5007932
IV Agm Office, Near Bansal Oil Petrol Pump, Rambagh Road, 01652-230595
Mansa Mansa
Sardulgarh
Management
Home
Management
The Management of the Bank is vested in its Board of Directors, which is constituted, as per
provision of Bye-law No.29 of the Bye-laws of the Bank which states:-
The Board of Directors lay down the broad policy guide-lines regarding the working of the Bank.
The present list of the members of the Board of Directors is given below:-
15. S. Jesrat Singh Sandhoo s/o S. Gurinder Pal Director (Nominee of PSCB C/o The Fazilka
Singh (Nominee of PSCB, Sec 34, Sector 34, Chd.) Central Coop. Bank
Chandigarh) Abohar
The functioning at the Head Office is run through different Departments. For the purpose of
close supervision of the PADBs, the Bank has appointed one officer of the rank of AGM at each
District Head Quarter and for better coordination three Regional Offices at Jalandhar, Ferozepur
and Patiala have been created, which are manned by the officers of the
status of Deputy General Managers designated as Regional Officers.
S. H.S. Sidhu
Managing Director