Established in 1974 at Davangere, Shiva Sahakari Bank Niyamitha is a member-driven cooperative bank committed to promoting financial inclusion, mutual cooperation, and sustainable economic development. The Bank has been serving its customers continuously for over five decades and is presently in the process of celebrating its Golden Jubilee, marking 50 years of dedicated service to the community.
The Bank was founded under the visionary guidance of Late Shri Sharana Maganuru Basappa, whose principles continue to shape its institutional values. The Bank is presently led by Shri Sangamesh Wara Gowda M. B., under whose stewardship the Bank has progressed by integrating traditional cooperative principles with contemporary banking systems and practices.
With a strong emphasis on inclusive growth, the Bank extends membership across all sections of society and provides need-based credit facilities to agriculture and allied activities, small-scale and cottage industries, trade and commerce, housing, vehicle finance, salaried individuals, and gold loan requirements. Priority sector lending and support to weaker sections remain key focus areas in line with cooperative banking objectives.
The sustained confidence of members and customers is reflected in the Bank’s financial position. As on date, the Bank has mobilized deposits amounting to ₹36,336.16 lakhs and has extended advances of ₹23,990.29 lakhs, supported by a sound base of share capital and reserves, positioning it among the leading cooperative banks in the State.
All branches of the Bank are operating under a Core Banking Solution (CBS) with Any Branch Banking facilities. Customers are provided access to digital and payment services including RuPay Debit Cards, RTGS, NEFT, IMPS, Mobile Banking, SMS Alerts, and CTS-enabled cheque clearing, ensuring secure, efficient, and transparent banking operations.
The Bank continues to strengthen customer service through facilities such as Safe Deposit Lockers at seven locations, deposit insurance coverage under DICGC up to ₹5 lakh, preferential benefits to senior citizens, gold loan schemes, and Banking on Wheels, thereby enhancing accessibility and service outreach.
