The Meghalaya Co-operative Apex Bank Ltd.
A Government of Meghalaya Sponsored Bank, established on 16th February 1971



Profile of the Bank

Highlights and Achievements

Board of Directors

Executive Committee Members

Central Loan Committee Members

Branch Offices

Interest Rate on Loan & Advances

Interest Rate on Deposits

Comparative Performance Positions

Comparative Financial Positions

Bank Annual Report

IFS Codes of Branches

Insurance Scheme-PMJJBY

Insurance Scheme-PMSBY

Crop Loan
Term Loan
Cash Credit Accommodation
Housing Loans
Transport / Vehicle Loans
Consumer Durables Loans
Cash Credit Facilities
Term Loans for Tourism Dev.
Deposit Linked Housing Loans Schemes
Integrated Village Dev. Scheme
Personal Loans
Education Loans
Loans for Professional and Technocrats


The Meghalaya Co-operative Apex Bank Ltd.,
M. G. Road, Shillong 793001,
East Khasi Hills District, Meghalaya.
Phone No. : 2224166 / 2224160 / 2223753
Fax No. : 0364 - 2222026
Email :

The Meghalaya Co-operative Apex Bank Ltd. :
The Bank With A Mission ................ Bank on us for all your Banking Needs

The Meghalaya Co-operative Apex Bank Ltd. (MCAB) was established in 1971, with the formation of Meghalaya State after bifurcation of the erstwhile  Assam State . Since then the Bank has developed and expanded its activities / operations and has grown in manifolds. MCAB commenced Banking operations with just two branches – one at Shillong and the other at Tura. Today, the Bank has a wide network of 49 branches, spread throughout  the State providing effective banking products and other related services to the general public. The MCAB has mobilized Deposit Resources of more than Rs.1690.85 crores and Advances of over Rs.931.35 crores as on 31.03.2015 for various development activities  in the State. The MCAB is a house hold name in Meghalaya.  

The MCAB as a pioneer in Banking in Meghalaya, has taken banking to the doorsteps  of the people of the State and has been able to nurture and develop banking habits among the people. This has changed the saving habit of  people from the traditional methods to the modern banking facilities to earn remunerative returns for their savings  invested with the Bank and utilize various attractive and innovative banking products offered by MCAB.

The Bank has provided Debt Relief to more than 54000 farmers amounting to Rs.9.81 crores under the  ‘Agricultural and Rural Debt Relief Scheme’ 1990 sponsored by the Govt. of Meghalaya and made them Debt Free & re-eligible to avail loans and advances from the MCAB.

Financial Highlights 

As on  31.03.2015
(in Lakhs)
As on  31.03.2016
(in Lakhs)
Paid up Share Capital & Reserves Rs. 12975.77 Rs. 12109.05
Deposits Rs. 169084.53 Rs. 185809.61
Loans & Advances Rs. 93134.67 Rs. 105745.07
Investments Rs. 93728.12 Rs. 98873.71
Net Profit Rs. 948.69 Rs. 250.46
Working Capital Rs. 208503.60 Rs. 225874.07

The Bank has arrangement for Issue of Bank Drafts and Cheques all over Assam and all important  places in the Country  including Metropolitan Cities

Whats New !!!


The Bank has been recognized  as one of the Best Cooperative Banks in the country under two-tier structure and has won several prestigious National Awards instituted by the National Federation of State Cooperative Banks. The Bank also received "Best Performance Award" from NABARD for the year 1996-97 and a "Special Award" for the year 2005 - 06.


Current Account
Saving Bank Account
Minor Saving Scheme
No Frills Saving Account
Recurring Deposit Scheme
Fixed Deposit Scheme
Fixed Deposits Linked with Recurring Deposit Scheme
Monthly Income Deposits Scheme
Double Benefit / Reinvestment Deposits Scheme
Cash Certificate Scheme
Loan Linked Housing Deposits Scheme
Loan Linked Children Education Deposits Scheme
Visitor Number
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This Website was last updated on :   18 Oct, 2016 11:52:30 AM
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