The Management of the Bank is vested in its Board of Directors, which is constituted, as per provision of Bye-law No.29 of the Bye-laws of the Bank which states:-

The Board is constituted in the following manner:-

i) A nominee of the State Cooperative Bank;
ii) One representative of NABARD to be nominated by NABARD.
iii) Not more than three officials to be nominated by the State Government as long as the Government is a share holder;
iv) Registrar of Cooperative Societies or his nominee;
v) One Director from every zone of 5 contiguous member PADBs/Institutions shall be elected provided if the number of PADBs/Institution is not divisible by 5 the left out member, PADBs/Institutions shall be included in the adjoining zone in such a way that no zone has more than 6 member PADBs/Institutions. However, if the number of left out members is more than 2, a separate zone may be formed. The present Board of Directors has been constituted on 14.07.2016 and the Chairman was elected on 20.07.2016.

The Board of Directors lay down the broad policy guide-lines regarding the working of the Bank.

The present list of the members of the Board of Directors is given below:-

 1.Sh.D.P. Reddy, IASAdditional Chief Secretary-cum-Financial Commissioner Cooperation (Chairman)
 2.S.Ravel Singh s/o Joginder SinghDirectorAmritsar
 3.S.Tejinder Singh Middukhera s/o Gurnam SinghDirectorLambi
 4.S. Jatinder Singh s/o Daljit SinghDirectorZira
 5.S. Ravinder Singh s/o Avtar SinghDirectorJalandhar
 6.S. Manmohan Singh s/o Rashpal SinghDirectorDera Baba Nanak
 7.S. Sucha Singh s/o Naranjan SinghDirectorPhillaur
 8.Sh. Bal Ram s/o Labhu RamDirectorBalachaur
 9.S. Kanwarpal Singh s/o Des RajDirectorDerabassi
 10.S. Ajaib Singh s/o Hazara SinghDirectorGhanour
 11.S. Balwinder Singh s/o Bikkar SinghDirectorLudhiana
 12.S. Jeet Singh s/o Hakam SinghDirectorSangrur
 13.S. Bhup Singh s/o Birbal DassDirectorSardulgarh
 14.S. Jagtar Singh s/o Ruldu SinghDirectorRampuraphul
 15.S. Jesrat Singh Sandhoo s/o S. Gurinder Pal Singh (Nominee of PSCB, Sec 34, Chandigarh)Director (Nominee of PSCB – Sector 34, Chd.)C/o The Fazilka Central Coop. Bank, Abohar
 16.Principal Secretary,Finance to Govt of Punjab, Department of Finance, Punjab Civil Secretariat ChandigarhGovernment Nominee
17.The Registrar Cooperative Societies Punjab, ChandigarhGovernment Nominee
18.Chief General Manager, NABARD, Plot No.3, Sector 34-A, ChandigarhNABARD Nominee

The functioning at the Head Office is run through different Departments. At present, Shri J.K. Jain, PCS is the Managing Director.

For the purpose of close supervision of the PADBs, the Bank has appointed one officer of the rank of AGM at each District Head Quarter and for better coordination, three Regional Offices at Jalandhar, Ferozepur and Patiala have been created, which are manned by the officers of the status of Deputy General Managers designated as Regional Officers.


Rate of Interest

Loan AmountRate (%)
Upto Rs. 50000/-11.75%
Above Rs. 50001/- 12.95%
Commercial Dairy
(10 or more milch animals)
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