Sri Ramesh Kumar Bung

Sri Ramesh Kumar Bung

Is associated with the Bank as Director, Vice-Chairman & Chairman for over 2 decades. In the recent elections held during 2015 to the Board of Directors, he has been elected as a Director and has been unanimously elected as SR.VICE-CHAIRMAN of the bank.

 A well-known Social Worker associated with many Social Organizations. Presently he is on the Boards of various organizations, most prominent among them are  -
Director - National Federation of Urban Co-operative Banks & Credit Societies Ltd.,(NAFCUB), New Delhi
Member - State Level Task Force of Urban Co-operative Banks (TAFCUB) (Constituted by RBI) - Kerala and Telanagana States.
Treasurer - All India Maheshwari Maha Sabha, Nagpur.
Vice President - All India Marwari Federation, Kolkata.
Secretary - All India Vaish Maha Sammelan, New Delhi .
Vice Chairman - A.P Maheshwari Sabha Trust, Hyderabad.
Vice Chairman - Marwadi Hindi Vidyalaya, Hyderabad.
Managing Trustee - Sri Maheshwari Seva Trust, Hyderabad.
Managing Trustee - A.P Marwadi Shiksha Kosh Trust, Hyderabad.
Trustee - Akhil Bharatiya Maheshwari Seva Trust, Indore.
Managing Committee Member - Maheshwari Vidhyalaya, Hyderabad.
Managing Committee Member - Institute of Cooperative management , Hyderabad.
Managing Committee  Member - Sri Aditya Vikram Birla Memorial Vyapar Sahayog Kendra, Chennai.
Previous Positions

Awards to his credit:

  • President - A.P Maheshwari Yuva Sanghatan.
  • President - Rajasthani Graduates Association.
  • President - A.P Marwadi Yuva Munch.
  • President - A.P Marwadi Sammelan.
  • President - A.P Maheshwari Sabha.
  • Vice President - All India Maheshwari Yuva Sanghatan.
  • "EXCELLENCE AWARD - BANKING" by Delhi Telugu Academy (A.P)
  •  “YUVARATNA” by Akhil Bharatiya Marwadi Yuva Manch-Delhi
  • “BHARAT GOURAV” by Dharana Public Seva Trust (Udaipur)
  •  "SAHAKARA VIBHUSHAN" Award By Padmamohan Arts Theatres, Hyderabad

Basic Savings


No Minimum Balance, No initial deposit to open the account.

No restrictions like Age, Income Criteria for opening BSBD Account.

All provisions of KYC, AML, PML are applicable.

Passbooks are given free.

Maximum of Four withdrawals in a month including ATM withdrawals;

RuPay ATM Cum Debit Card with Accidental Insurance of Rs. 1.00 Lac free

No charges for all the above facilities



The Hon’ble Prime Minister in his Independence Day Speech on 15th August, 2014 announced a comprehensive program of Financial Inclusion targeting the large number of people who are currently deprived of even rudimentary financial services. The PradhanMantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account.