Vellore is a city as well as the administrative headquarters of the Vellore District of Tamil Nadu. It is a part of Tondaimandalam or Tondai Nadu. Located beside River Palar, Vellore has been ruled by various rulers such as the Pallavas, the Cholas, the Vijayanagar Empire, the Rashtrakutas, the Carnatic kingdom and the British. Legend says that the region housed many Velan (or Babul) trees, which gave the name "Vellore" to the city. The city of Vellore is the stronghold of the Arcot Mudaliars population. The other largest communities in the city are the Balija Naidus and the Muslims. The city has four zones that are further sub-divided into 60 wards for civic administration. Vellore is being developed into a smart city as per PM Narendra Modis Smart Cities Mission. Vellore is the home to two of Indias top educational institutions - Vellore Institute of Technology (VIT) and Christian Medical College & Hospital. The city is a major center for medical tourism in the country as people from all over the country travel to Vellore to seek various treatments. Moreover, Vellore is the top exporter of leather products in the country. The countrys biggest explosives manufacturing company is located in Vellore. It is called the Tamil Nadu Explosives Limited (TEL). The Vellore Fort, Srilakshmi Golden Temple and Sri Jalakandeswarar Temple are few of the places worth visiting in Vellore.
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