Established on 1959

Veraval Peoples Cooperative Bank Ltd., works hard to get prestigious place in the mind of customers.

Social Services

  • About Services Bank is committed to social services and area development. Bank also has helps at the time of calamities like cyclone, flood, heavy rain draught etc. Bank has assisted to social, educational, medical, and cultural activates and projects generously. Bank also helped to bright students for higher education and patients suffering form diseases like cancer, heart-attack, kidney failures for operation and curing.

Economic Survey

  • About SurveyBank has undertaken economic survey of Gir Somnath , Junagadh District and have founded biggest government in aid industrial training institute for training unskilled unemployed youth. Bank also has organized Industrial Seminar which was inaugurated by his Excellency shree B. K. Neheru (Retired ICS), Governor of Gujarat . Bank organized workshop for general management, Entrepreneurship Development, project guidance and Buyer-Seller meet to support ancillary industries Devilment.

KYC - Know Your Customer

  • The Reserve Bank of India (RBI) has advised banks to follow a 'KYC guidelines', wherein certain personal information of the account-opening prospect or the customer is obtained. The objective of doing so is to enable the Bank to have positive identification of its customers. This is also in the interest of customers to safeguard their hard earned money.
    The KYC guidelines of RBI mandate banks to collect three proofs from their customers. They are
    1 Photograph
    2 Proof of identity
    3 Proof of address
    Accordingly, The Veraval Peoples Co -Operative Bank Ltd has framed its KYC procedure according to which, a photograph and documentary proof of personal identification and address proof are required to be provided.
    Our KYC procedure specifies certain commonly available documents as proof of personal identification and address proof, so as to not cause inconvenience to those intending to open bank accounts in our Bank.
    The Account Opening Form provides the nature of documents required / procedure to be followed for opening a new account.
    Our Branch officials at the Account Opening Desk / Sales Team will also be able to provide guidance regarding the different types of documents acceptable for opening any new account.
    We request your kind co-operation in providing the required documents for opening new accounts to enable us to adhere to the KYC policy.