Anil Lobo reelected as Chairman of MCC Bank for consecutive 2nd term – KONKANCATHOLIC.COM

Anil Lobo reelected as Chairman of MCC Bank for consecutive 2nd term

August 28, 2023

Mangaluru: Recently elected directors of The Mangalore Catholic Co-operative Bank, popularly known as MCC Bank Limited, elected Mr Anil Lobo from Valencia, Mangaluru as Chairman of the Bank in the first Board of Directors Meeting held on Monday, August 28, 2023, in the Administrative Office of the Bank, Hampankatta, Mangaluru, for a period of 5 years from 2023 to 2028. Mr. Jerald Jude D’silva was elected as the vice chairman of the bank. Mr Sudhir Kumar J, Assistant Registrar of Co-operative Societies, Mangaluru Division, supervised the election processes, and Mr N.J. Gopal, Superintendent, assisted him. Mr Sunil Menezes, General Manager of the Bank, was present on the occasion.

After taking over the charge as the Chairman of MCC Bank Limited for the second consecutive term, that too with a unanimously elected team of 14 directors, Mr Anil Lobo said, Unopposed and unanimous elections for the first time ever in the 111-year history of MCC Bank Ltd. are testimony to the all-round developmental work and growth and the performance of his team. In the next five years, he will be concentrating on pan-Karnataka expansion of the bank, skill and knowledge development of the staff, professional and customer-friendly services in the branches, focus on education, vehicle, MSME, and business loans, full pledged UPI and digital banking services, and the setting up of a banking ombudsman like a fully functional grievance redress unit at the administrative office directly reporting to the chairman of the bank.”

Expansion: Presently The MCC Bank Ltd. is functioning with 16 fully computerised, air-conditioned branches in the twin districts of Dakshina Kannada and Udupi, with ATMs in all branches. Last financial year, the bank received permission from the government of Karnataka to expand its area of operation to five more districts. They are Uttara Kannada, Shimoga, Chikmagalur, Coorg and Hasan. The setting up of the branches in these five districts is going on. Efforts are on to set up regional offices in districts for smooth functioning. The bank is working hard to expand its area of operation to all of Karnataka.

Lowest rate of interest on loans: Compared to other banks, the rate of interest on Education, Vehicle and MSME business loans are lowest and most competitive. The loan sanctioning process is quick, and there are no hidden costs. To reduce the burden of processing fees on students, the bank has decided to waive off processing fees on Education Loans up to Loan amount of Rs. 10 lakh. MCC Bank is working hard to realise its vision of empowerment through Education, with the lowest interest rates, qprocesses,esses and zero processing fees up to a loan amount of 10 lakhs for a limited period of time. Students who just finished admission processes through CET on NEET can make the best use of the facility offered by the bank.

Customer Service: With a state-of-the art, modern staff training centre, staff across the branches of MCC Bank is fully trained and well versed in professional banking practices. The management has received very good feedback on improved customer service in the customer meets organized in all the branches. Most of the Branches have been shifted to better locations with ample parking facilities and senior citizen-friendly approaches. A new unit will be established to address grievances at the administrative office, like the banking ombudsman system, which will be directly monitored by the chairman. Customers who face any issues with the services offered at the branches can approach the unit, and the issues will be resolved. Despite this, branch-level customer meetings will also continue. There will be specially assigned staff at every branch to assist senior citizens.

Digitization: Presently A mobile banking app is catering to the needs of netizens. The Bank will be introducing independent UPI functionality by the end of the current financial year, and servers have already been hired for the purpose. With a fully functional UPI mechanism, customers can avail themselves of all the facilities of new-age digital banking.

Social Responsibility: During the 110 years of The MCC Bank the Bank has distributed a sum of Rs. 15 Lakhs to the marginalized sections of society in the form of Medical, Education, Housing aid and assistance towards the marriage expenses of daughters of needy and poor families. Prominent festivals of the land, like Dasara, will be celebrated with special sports and cultural activities with public participation. The Auditorium of the Bank in the Administrative Building of the Bank is provided free of charge for small literary and cultural events. The Bank will extend its socio-community support as earlier.

Along with Chairman Mr Anil Lobo, Vice-Chairman Mr Jerald Jude D’silva, Directors Dr Jerald Pinto from Kalyanpur-Udupi, Andrew D’ Souza from Paladka, Joseph Anil Patrao from Derebail, David DSouza from Bajpe, Elroy Kiran Crasto from Gangolly, J. P. Rodrigues from Puttur, Adv Roshan D souza from Mudipu, Herald John Monterio, from Kelarai, Irine Rebello from Kulshekar, Dr Freeda Flavia D souza from Balkunje, Melvyn Aqunius Vas from Milagres and Vincent Anil Lasrado from Bantwal were present in the press meet along with Mr Sunil I Menezes, General Manager.