2. General
Information
Founder: By late Shri. Attavara Balakrishna Shetty.
Founded: 23rd October 1931
Scheduled bank: 1958
Present Chairman and ED of head office : Shri V. Kannan, (Chairman &
Managing Director), Shri K.R. Shenoy (Executive Director)
Branch Manager of Bijapur : Shri S . Biradar
Head office: Bangalore
Address : YOGESH CHAMBERS,OLD S S
ROAD,BIJAPUR,PinCode:586101
Email: bijapur1034@VIJAYABANK.co.in
Phone: 08352-250484
Working Hours: 10.30/02.30 & 03.00/04.00
3. Purpose of establishment: To promote banking habit,
thrift and entrepreneurship among the farming community
At Present: The bank has 1512 branches, 1528 ATMs,
13500 Workforce, with Centralised Banking Solution
(CBS), Business level has crossed Rs. 2 lakhs crore
mark, aggregate deposits crossed Rs. 1 lakh crore
mark
4. Mission:
Emerge as prime national bank backed by modern technology, meeting
customer aspiration with professional banking services and sustainable
growth, contribution to the national development.
Vision:
Providing integrated services to customers from all segments,
leveraging on technology and human resources, adopting the best
accounting and ethical practices and fulfilling corporate and social
responsibilities towards all stakeholders.
7. SSI CHARTER
With a view to increasing the credit flow to SSI, the Bank has come out
with ‘ SSI Charter'. The charter brings out the corporate goals of the
Bank for increasing the credit flow to SSI. They are as follows:
1. SSI is the Thrust Area of the Bank and forms part of Priority Sector
Lending.
2. "Accelerated SSI Lending" is the motto of the Bank for SSI.
3. SSI loans are considered on top priority.
4. In order to ensure increased disbursements to SSI, the bank is coming
out with Special SSI Credit Plan, envisaging disbursement target under
various sub sectors of SSI.
5. Special emphasis is laid on financing Artisans, Village & Cottage
Industries, Tiny Units, Small Scale Service & Business Enterprises.
6. It is the endeavour of the bank to ensure that 60% of SSI credit goes to
Tiny Sector.
7. SSI loans upto Rs.5 lakh is totally collateral free to stimulate growth of
small units.
8. SSI loans above Rs.5 lakh and upto Rs.25 lakh is also collateral free
subject to good track record and financial position of the unit.
9. All fund-based loans sanctioned to SSI upto Rs.25 lakhs without
collateral security and/or third party guarantee will be covered under
Credit Guarantee Fund Scheme to avail of guarantee cover.
10. Composite Loan under Single Window granted upto Rs.50 lakh.
8. The Bank is offering the following special schemes to SSI
sector:
Liquidity Finance Scheme to meet the shortfall in net
working capital
Soft Loans to meet the equity gap under the National
Equity Fund Sc
KVIC Margin Money Scheme to promote Village & Cottage
Industries
Interest Incentive Scheme under Technology Upgradation
Fund Scheme for Textile and Jute Industries
Credit Linked Capital Subsidy Scheme for specified
Industries in SSI sector
Laghu Udyami Card upto Rs.10 lakh to provide hassle free
working capital credit
Artisan Credit Card upto Rs.2 lakh to provide hassle free
credit (both term Loan and Working Capital) to Artisans.
9. V Swashakti
Objective
To expand the employment and Income Generating Schemes and
Programme so as to make women Self-reliant and economically
independent.
Purpose
Offering assistance to Women Entrepreneurs for economic pursuits in
Small Business, Professional or Professional or Self Employed and
Retail Trade and Credit facilities to Women Entrepreneurs (Term Loan /
Working capital) for the following
Tailoring
Canteen and Catering
Pickle and Masala Making
Clinics
Papad Making
Beauty Parlour
Creche and Playschool
Tuitions and Coaching Class
10. Lending norms
Ceiling
Maximum finance Rs.5.00 lacs.
Margin
upto Rs.25000/- : NIL
over Rs.25000/- : 15 %
Small Scale Industry
Upto Rs. 5.00 lakh : Hypothecation of Assets
created out of Bank finance. Collateral Free / No
third party Guarantee. Branches should cover the
loan under CGFS.