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.

The present composition of the Board of Directors of the Bank is as follows:-

i) One nominee of NABARD nominated by NABARD.
ii) Three nominees of the Government out of which one nominee will be an expert in the area of banking economy, finance or management.
iii) Two professionals to be co-opted by the Board of Directors from amongst persons who have held eminent positions in institutions of repute in the field of Banking, Management, Economics or Finance.
iv) Registrar, Cooperative Societies, Punjab or his nominee.
v) 13 elected Directors (one Director from every zone of 7 contiguous member PADBs).
vi) Managing Director of the Bank.

The Board of Directors lay down the broad policy guidelines regarding the working of the Bank.

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

No.NameDesignationZone / Institution
 2.S.Ravel Singh s/o S. Joginder SinghVice ChairmanAmritsar
 3.S. Jatinder Singh s/o S. Daljit SinghDirectorMoga
 4.S. Sucha Singh s/o S. Naranjan SinghDirectorPhillaur
 5.Sh. Bal Ram s/o Sh. Labhu RamDirectorNawanshahr
6.Sh. Kanwarpal Singh s/o Sh. Des RajDirectorRopar
 7.S. Balwinder Singh s/o S. Bikkar SinghDirectorLudhiana
 8.S. Jeet Singh s/o S. Hakam SinghDirectorSangrur
 9.Financial Commissioner or his nomineeDirectorGovernment Nominee
10.The Registrar Cooperative Societies Punjab or his nomineeDirectorGovernment Nominee
11Chief General Manager, NABARD/nominee of NABARDDirectorNABARD
12.Sh. J.K. JainManaging DirectorThe Punjab State Cooperative Agricultural Development Bank Ltd.

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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