Friday 22 September 2017

                      Complaints of Central Bank Of India

Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'. He also added that 'Central Bank of India lives on people's faith and regards itself as the people's own bank'.
During the past 104 years of history the Bank has weathered many storms and faced many challenges. The Bank could successfully transform every threat into business opportunity and excelled over its peers in the Banking industry.
A number of innovative and unique banking activities have been launched by Central Bank of India and a brief mention of some of its pioneering services are as under:
1921Introduction to the Home Savings Safe Deposit Schemeto build saving/thrift habits in all sections of the society.
1924An Exclusive Ladies Department to cater to the Bank's women clientele.
1926Safe Deposit Locker facility and Rupee Travellers'  Cheques.
1929Setting up of the Executor and Trustee Department.
1932Deposit Insurance Benefit Scheme.
1962Recurring Deposit Scheme.


  • Note -  There is no complaints of Central Bank of India and hence according to Indian bank organization it Rank As No.1 Bank.






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