Kamarhati is a city and a municipality in the Indian state of West Bengal. It is located in the Barrackpore subdivision of the North 24 Parganas district. The place was initially a refugee colony soon after the partition of Bengal as many squatters from East Pakistan flocked to this area and encroached upon the public as well as private land. Within a very short time, these refugees initiated all the amenities required for a comfortable lifestyle and developed a proper society. Kamarhati belongs to the Kolkata Urban Agglomerate and houses around 3.5 lakh residents. There are several industrial units in Kamarhati like Texmaco Rail and Engineering Ltd, Kamarhatty Company Ltd (jute mill), Agarpara Jute Mills, Prabartak Jute Mills Ltd, National Tobacco Company Industries Ltd, WIMCO (a Swedish match company), Allied Ceramics Private Limited, Emami Paper Mills Ltd, etc. The Dakshineshwar Temple is located in this area and it draws thousands of devotees every day.
The SVC Bank was initially registered as a Co-operative Credit Society on 27 December 1906. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. The bank in opened first Co-operative store in 1910. In 1915, the first Co-operative housing society was built in Bombay. In 1927, the Fidelity Guarantee Fund was launched simultaneously with Distress Relief Fund in 1931 and Staff Gratuity Fund in 1954. In 1964, Safe Deposit Vaults were introduced by the bank. In Fiscal 2016, the deposits of the bank crossed 13000 crores. In 2002, the corporate office was opened by the bank at SVC Tower in Vakola. In 2003, Genius I Core banking solution was implemented in all the branches of SVC bank. In 2006, the SVC bank successfully sold the software. In 2007, AD-I license was offered to the Shamrao Vithal Co-operative bank. The SVC bank was also allowed to sell the core banking software services to small co-operative banks. By 2010, the bank sold software services to around 25 other banks. The 193rd branch of the SVC bank was opened at Khmagaon. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh