District Co Operative Bank Lakhimpur Kheri IFSC Code and MICR Code

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About District Co Operative Bank Lakhimpur Kheri

The Indian Co-operative act has been created first time in the year of 1904. The rule was passed again in 1912. The cooperative bill has helped a lot of banks to emerge back them. One of those banks was the District Co-Operative Bank Limited Lakhimpur Kheri.the bank has been found on 1915 and was the first district cooperative bank in Gola Gokarannath; however, the institution has failed. Then on the 22nd of December 1923, the bank restated its journey as a cooperative bank. Honourable Pandit Sankata Prasad Bajpeyi has bonded the lawyers, farmers and some other eminent persons to reopen the bank. Only then the bank started its journey with a collective amount of 15000 rupees as the working capital. The bank got 25000 rupees from 10 to 15 accounts back then. The bank had faced several financial problems when it started but slowly and steadily became a giant tree from where it started.