Model Co-op Bank launches Mob Banking in 3rd Meet

Model Co-operative Bank launched it’s ‘Mobile Banking’ services so as to make banking convenient for its customers. Nearly 250 customers of the bank associated with its several branches participated in the program. The mobile services launch took place at the third customers’ Meet’ organized by the bank in the city, informs a press release.

In his inaugural address Albert, D’sOUZA chairman of the bank shed light on the present banking environment and spoke on how Model Co-op Bank has evolved over the years since its inception in 1916.

He elaborated on the criteria set by RBI for a bank to be considered a FSWM (Financially Sound & Well Managed) co-operative bank and how Model Co-op Bank fulfilled all the requirements. The performance of the Bank can be assessed by the fact that it has won various awards over the years at the City, District and State level, he said.

The bank’s functionaries said mobile banking has brought banking services into the customers’ homes. The services would be available 24×7.This would make the bank popular with the younger and tech savvy generation, they said.

William D’Souza – General Manager & CEO of the Bank, spoke about “Your money is safe with Model Co-op Bank.” He gave insights into how the funds of depositors are prudentially deployed within the stipulated framework as laid down by RBI. He elaborated on the steps the bank takes to ensure the safety of funds.

The presentations were followed by an Interactive session where the customers were invited to ask questions and share their experiences. Many came forward and shared their experience of banking with Model Co-op Bank and expressed their satisfaction at the courteous, efficient and professional services provided by the Bank, claims a release by the Bank.

The customers who made their comments and suggestions were Ghanshyam Barucha, Leera Castelino Nanavati, Ignatius Lobo, Justin Tauro, Jignesh Chavan, Martha Coutto, Jitendra Cheddha, Stany Pinto, Wilfred Aranha, Ganesh Kadam, Satyavan Gaikwad, Jugal Gangar, Rev. Fr. Lopez Lionel, John Crasta. Linus Colaco.

The interactive session was responded to by the Chairman –. Albert W. D’Souza and the General Manager – William D’Souza.

Thomas Lobo moved a vote of thanks on the occasion. All top officials of the bank were present during the meet. The event was compered by Zenon D’Cruz, Deputy General Manager of the Bank.

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