A group of like-minded leaders of Arya Ediga Community formed the bank in 1976 with a meagre share capital of Rs. 2 Lakhs. The bank was registered under the provision of Karnataka Co-operative Societies Act, 1959 on 31st May 1976. Reserve Bank of India issued the license under the provision of Banking Regulation Act, 1949 on 17th November 1978 to conduct banking business.
In line with recognized International Practice and for the information of customers and others who visit the Bank's website we believe it is necessary to post a privacy statement. The information shared with the Bank will be treated as private. We also desire to say explicitly that adequate precautions have been taken to protect information relating to customers and their dealings with the Bank from the mischievous and the fraudsters.
Customer confidentiality and privacy are of utmost concern of our Bank. Our employees treat the information we have concerning your accounts in the same responsible and confidential way that we want our own financial affairs treated. Whenever the term 'they', 'them' or 'their' is used, that refers to the word customer.
We recognize that our customers expect privacy and security for their personal and financial affairs. We understand that, by selecting us for their banking needs, they have entrusted us to safeguard their personal financial information. We want them to be informed of our commitment to protect the privacy of their personal financial information with the following privacy principles and practices.
We collect information from them regarding name, addresses, email addresses, passport number, Income, PAN, details of nominees, etc.
A cookie is a data file that certain Web sites write to their computer's hard drive when they visit such sites. A cookie file can contain information such as a user identification code that the site uses to track the pages they have visited and use the information commercially. We do not use cookies on our web site.
On our site we collect, retain, and use information about them only when we reasonably believe that it will help administer our business or provide products, services, and other opportunities to them. We collect and retain information about them only for specific business purposes.
Open and administer their accounts and to protect their records and funds....
It is in their interest, and it is our objective, for us to have accurate, current, and complete information concerning...
We have procedures that limit access to personally identifiable information to those employees with a business reason for knowing such information about them. We educate our employees on their responsibility to protect the confidentiality of customer information, and hold them accountable if they violate this privacy policy.
We follow best security practices to help prevent unauthorized access to confidential information about them.
Sri Sudha Co-operative Bank Ltd., does not release customer information except as directed by law or as per customer mandate. We do not share specific information about customer accounts or other personally identifiable data with nonaffiliated third parties for their independent use unless the customer authorizes us to share.
A potential customer who inquires about our products and services or who would like a copy of our privacy policy...
Children visiting Bank's web site: We are confident that parents will not judge any of the information provided by BANK as objectionable for viewing by their children
Customers using Bank's Internet Banking Service: For customers using our Internet Banking. Mobile/ Banking, all visitor information is collected along with any information that they volunteer as a customer while using BANK's web site
Links to, or from, BANK's web site: Bank is not responsible for information practices employed by web sites linked with our web site. Generally, links to non-BANK web sites are provided solely as pointers to information on topics that may be useful to users of BANK's web site
Encrypted information: Information provided by them on BANK's web site is encrypted or scrambled in order to secure information