"Our bank, The Raipur Urban Mercantile Cooperative Bank Ltd, has been efficiently serving customers since obtaining a license from the RBI in 1996 (UBD / M.P. 1272 dated 20.08.1996). As pioneers in the state of Madhya Pradesh, we were the first bank to introduce our own ATM. Following the division of states in 2000, our bank became located in the capital city of Raipur, in the newly formed state of Chhattisgarh. With a focus on providing top-notch banking services to citizens of all ages, our bank is equipped with the latest technologies to cater to the diverse needs of our customers. We take pride in our commitment to excellence and prompt service, making us one of the best banks in the region."

About our Chairman journey :



In March 2023, during the bank's scheduled election, Shri Swaroop Chand Jain was appointed as the Chairman for a tenure of 5 years. Prior to his appointment, Shri Kamal Chand Jain served as the 2nd Chairman, holding the position for three consecutive terms each term served was 5 years. The first Chairman of the bank was also Shri Swaroop Chand Jain, who served from 1997 to 2002 and 2002 to 2007.