The Universal Cooperative Urban Bank Ltd., founded in the year 1995 in Mancherial, Adilabad District, is more than just a financial institution—it is a symbol of trust, resilience, and community empowerment. Under the visionary leadership of our founder and Chairman, Sri V. Pandu Ranga Rao garu, the bank was born out of a deep commitment to uplift the financial well-being of the people of this region, especially the hardworking employees of Singareni Collieries and the middle- and lower-middle-income families who had long been vulnerable to the exploitative practices of informal moneylenders.
Our journey began with a clear and noble mission:
To provide accessible, ethical, and secure banking services to those who needed them most, and to foster financial inclusion in a region that had been underserved for far too long.
Registered under the Cooperative Societies Act, 1964 (Registration No. TM 679, dated 27.09.1995) and licensed by the Reserve Bank of India (License No. UBD.HYD.1182 P, dated 27.11.2015), we officially commenced operations on 31 January 1996. From the outset, we have embraced a customer-first philosophy, offering transparent and dependable banking solutions tailored to the unique needs of our community.
Over the years, The Universal Cooperative Urban Bank Ltd. has grown steadily, not just in size but in reputation. We have earned the trust of thousands of customers by consistently delivering on our promises and staying true to our founding principles of integrity, fairness, and service excellence. Our commitment to ethical banking practices and personalized customer care has set us apart in the cooperative banking sector.
As we look to the future, we remain deeply rooted in our values while embracing innovation and modernization. We are continuously evolving to meet the changing financial landscape, introducing new services, enhancing digital capabilities, and expanding our reach—always with the goal of empowering our customers and strengthening our community.
At The Universal Cooperative Urban Bank Ltd., we believe that banking is not just about transactions—it’s about building relationships, nurturing trust, and creating opportunities. We are proud of our legacy, inspired by our mission, and excited about the journey ahead.