1. Wardhaman Urban Co-Operative Bank ltd Welcomes You

2. About Bank
Wardhaman Urban Co-operative Bank Ltd., Nagpur, a Primary Urban Co-op Bank, registered under Co-op. Societies Act 1960 and a licensed Bank by RBI, was established on 9th February 1999, at Nagpur, by Hon. Chairman Late Shri. Shaktikumarji Sancheti.
The Bank is working through its 6 branches – Main Branch- Central Avenue, Sakkardara Branch, Kalamna Branch, Sadar Branch & Dharampeth Branch. Banks Proposed Hinganghat Branch will be open shortly.
The bank is in profit since inception and has been consistently receiving "A" classification in the statutory audit for all these years.
Wardhaman Urban Co-operative Bank Ltd., Nagpur was awarded first prize in the category of banks having deposits between Cores in Vidarbha region by Vidarbha Urban Banks Co-op Association Nagpur for the year At the same time the Bank was awarded for “The Bank with Lowest NPA”.

3. COMPOSITION OF THE BOARD
The new Board came into existence on 21st October 2016
The Bank’s newly elected Board consists of 17 Directors with two of it’s Directors being Chartered Accountants, with highly professional experience in banking and bank audit.
Professionals
Industrialists
Traders
Social Workers

4. Board of Directors Shri Anil Parakh – Chairman
Shri Naresh Patni – Vice Chairman
Directors
Shri Prafulchandra Doshi Shri Nitin Khara
Shri Atulkumar Kotecha Shri Dilip Ranka
Shri Anuj Badjate Shri Rajendra Sancheti
Shri Naresh Pugalia Shri Nitin Tatiya
Sau Pushpalata Jain Sau Sunita Surana
Shri Vijay Meshram Shri Ramrao Akhare
Shri Kishor Ramteke Shri Rajendra Daga
Shri Hitesh Sankalecha

5. FINANCIAL RESULTS 31st March 2012 2013 2014 2015 2016 Share Capital
312.14
329.67
370.88
427.24
463.76
Reserves
971.62
Own Funds
Deposits
Advances
Gross NPA
0.50%
0.63%
0.77%
0.58%
0.32%
Net NPA
0.00%
0.17%
0.28%
0.08%
CRAR (%)
35.85%
37.83%
38.64%
36.05%
34.14%
Capital Funds
Gross Profit
275.56
251.63
227.97
299.38
312.82
Net Profit
190.39
175.14
150.33
200.18
201.82
Dividend (Percent)
15%
Audit Class A

6. Awards & Achievements
Wardhaman Bank was awarded with following prizes by Vidarbha Urban Banks Co-op Association Nagpur.
st Prize in the category of banks having deposits between Crores And awarded for “The Bank with Lowest NPA”.
nd prize in the category of banks having deposits between Crores
st prize in the category of banks having deposits between Crores
st prize in the category of banks having deposits between Crores

7. SERVICES Core Banking Services RTGS / NEFT Services SMS alert Services
Internet Banking ( Non – Transactional )
SWIPE Machine Services
Franking Services
Locker Services
Tax Payments

8. Strength of Staff Customer Friendly, Qualified and experienced staff
Well versed with latest technology in Banking Industry
Fast & Efficient customer service
Teamwork is one of the most important strength of the Wardhaman Bank
Knowledge of regulatory changes in banking industry

9. Period of Fixed Deposits
DEPOSITS RATES
Period of Fixed Deposits
Rate of Interest
Senior Citizens 
(For Deposits above 181 days)
15 Days to 90 Days 5%
91 Days to 180 Days 6%
181 Days to 1 Year 7%
7.5 %
Above 1 Year to 5 Yrs
7.5%
8 %

10. Cash Credit – Hypothecation
Loan Schemes – Cash Credit
Cash Credit – Hypothecation
Primary security
Stocks & Book debts
Collateral Security
100%
Margin
25% , Book debts (age upto 90 50%
Rate of Interest
12.75%
Repayment Period
One
Secured Cash Credit
Primary security
Property
Collateral Security
150%
Rate of Interest
13.00 %
Repayment Period
One

11. Loan Schemes – Reducing Overdraft
Collateral Security
200%
Margin NA
Rate of Interest
12.75%
Repayment Period
Seven Years
Method of Assessment
Based on income average of past 3 years as per IT returns & Max. 3 to 4 times of Annual income.

12. Term Loan – Factory Land & Building
Loan Schemes – Term Loan
Term Loan – Factory Land & Building
Primary security
Factory Land & Building
Collateral Security
NIL
Margin
40%
Rate of Interest
13.75%
Repayment Period
Seven Years
Term Loan – Plant & Machinery
Primary security
Plant & Machinery
Collateral Security
100%
Margin
25 %
Rate of Interest
13.75 %
Repayment Period
Seven Years

13. Mortgage Term Loan - Builders
Loan Schemes – Term Loan
Mortgage Term Loan - Builders
Collateral Security
200 %
Margin NA
Rate of Interest
14 %
Repayment Period
Seven Years
Project Term Loan
Primary security
Project
Collateral Security
150%
Margin
33.33 %
Rate of Interest
13.75 %
Repayment Period
Seven Years

14. Vehicle Loan Schemes Two Wheeler Car Loan Used - Car Loan
Margin
25%
Rate of Interest
12.50%
Repayment Period
Seven Years
Margin
25%
Rate of Interest
11.50%
Repayment Period
Seven Years
Used - Car Loan
Commercial Vehicle
Margin
50%
Rate of Interest
11.50%
Repayment Period
Eight Years*
Margin
10%
Rate of Interest
12.50%
Repayment Period
Seven Years

15. Other Loan Schemes Housing Loan Education Loan House Repairs Loan
Margin
25%
Rate of Interest
10.50%
Repayment Period
Twenty Years
Margin
25%
Rate of Interest
12.00 %
Repayment Period
Seven Years
House Repairs Loan
Personal Loan
Margin
25%
Rate of Interest
13.00 %
Repayment Period
Seven Years
Margin NA
Rate of Interest
14.00 %
Repayment Period
Three Years

16. Loan for Solar Power Generating Unit
Purpose
Buying and installation of the Solar Power Generating Unit
Loan Amount
Up to the Exposure Ceiling of the Bank
Rate of Interest
10 % P.A.
Security
Hypothecation of Solar Power Generating Unit.
Margin
10% of cost of Solar Power Generating Unit along with installation charges.
Repayment Tenure
Maximum 7 Years

17. Salient Features Processing Fees - Up to Rs. 10.00 Lac 1% + ST
- Above Lac 0.5% + ST
- Builder Loan – 1% + ST
Share Linking % of Total Loan Amount
Exposure Ceiling - Single Borrower Rs. 315 Lacs
- Group Borrower Rs. 838 Lacs
0.75% Interest rebate in fulfilling certain conditions for C.C. (Hypo.) limits