Tirumala Co-operative Urban Bank Limited announces the inauguration of its third branch at Santoshnagar

Hyderabad, November 23r^d, 2025: Tirumala Co-operative Urban Bank Limited, headquartered at Tirumala Pride, Main Road, Malakpet, Hyderabad (16-10-27/105), proudly marks another milestone in its journey of service and financial empowerment. Established in September 1998, the Bank was formally inaugurated on 23rd September 1998 by Dr. C. Rangarajan, the then Governor of United Andhra Pradesh and former Governor of the Reserve Bank of India.

Founded by distinguished visionaries such as Sri Nangunuri Chandrasekhar, Late Dr. Akkineni Nageswara Rao, legendary film icon, and Sri MyHome Rameswara Rao, eminent industrialist, along with other esteemed personalities, the Bank has been built on strong ethical values and a commitment to public service.

Since inception, Tirumala Co-operative Urban Bank Limited has upheld uncompromised standards of excellence, customer trust, and accessibility. The Bank takes pride in rewarding its shareholders with a consistent 12% dividend for several years, demonstrating its solid fiscal discipline and reliable performance.

Today, the Bank's total business stands at approximately ₹75 Crore, backed by strong share capital and reserves. It offers an extensive portfolio of deposit and credit services designed to meet the diverse needs of its customers. With a net NPA of less than 1%, the Bank remains a benchmark for prudent banking practices.

Staying attuned to modern financial needs, the Bank has successfully embraced digital technology by offering ATM, E-Commerce, POS, Mobile Banking, and UPI facilities including Google Pay and PhonePe, ensuring seamless and inclusive financial access. Its services are focused especially on the middle-class, lower-middle-class, and economically weaker sections of society.

The Reserve Bank of India has accorded approval for the Bank's third branch at Santoshnagar, marking another step in its expansion journey. Plans are also underway to establish two more branches in the twin cities in the near future.

The new branch is being dedicated to the public with the divine blessings and auspicious presence of Sri Chinna Jeeyar Swamiji, making the occasion one of pride and celebration for customers, shareholders, and well-wishers of the Bank.