- Came into existence on 17th March 1920 (License No. RPCD.09/2009-10).
- Indora Banking Union was merged and 2nd Branch of the Bank opened at Nurpur in Jan’1956
- Palampur Banking Union was merged and 3rd Branch of the Bank opened at Palampur in Jan’1957
- Nanaon Banking Union was merged and 4th Branch of the Bank opened at Hamirpur in Oct’1958
- The Bank suffered losses because of the partition in 1947 to the tune of Rs.10.64 Lacs
- In Mar 1962, the bank suffering from the setback of partition was granted Rs.4.09 Lacs by the Govt.
- Govt also provided Interest Free Relief Loan of Rs.3.98 Lacs and Govt of India Loan of Rs.4.97 Lacs @ 3.87% in 1962 In 1971-72
- The Bank entered into the deposit mobilisation scheme of Pong Dam Area aggressively and secured maximum share of Deposit Bank Deposits increased from Rs. 256 Lacs in 1971-72 to Rs. 1054 Lacs in 1973-74.
