Sikkim State Co-operative Bank Limited also known as SISCO Bank was granted license by the Reserve Bank of India (Lic.No. RPCD.SIK 55-S) for opening the first and the only Co-operative Bank in the State of Sikkim in the year 1997.
Sikkim State Co-operative Bank Ltd (SISCO Bank Ltd) thus started its journey as the Apex State Co-operative Bank on 12/12/1998. Shri Pawan Chamling, The Honourable Chief Minister of Sikkim inaugurated the Bank and its first Branch at Gangtok.
The Bank has been working with an objective of safe keeping of deposits of Sikkimese people and providing finance for all kinds of economic activities with special focus on financing of Agriculture and rural sector.
The headquarter of the Bank is located at Metro Point, Tadong, Gangtok. It presently has a network of 14 branches and ATMs spread across the State in sync with the tag line of ‘SISCO Bank, Hamro Bank’ , the Bank is focused on rendering the best banking services to rural and financially excluded population, in addition to providing a host of modern technology driven products and services, competitively at par with other private and nationalized Banks.
All Bank deposits are covered under the insurance scheme offered by Deposit Insurance and Credit Guarantee Corporation of India (DICGC) under DICGC Act 1961.
Aim: Strengthen the affiliates, achieve sustained growth and attain prime position in the banking industry.