Serving the Daily Heroes of Indian Railways is the DNA of the Bank. The on-ground staff on the train, at the stations, in between stations and also those who are working to construct new railway lines and maintain old ones in far flung remote locations, form the bulk of our membership population.

Through their small, micro but very meaningful transactions, they own the equity, invest in most of the Bank’s various savings schemes & accounts and constitute 100% of the lending book of the Bank.

Apart from providing holiday homes and guest houses at concessional rates, several initiatives are underway to add value to the membership through welfare programs and activities with the sole objective of economic & social welfare of the members. Eastern & North-East Frontier Railway Co-operative Bank Welfare Fund is an active fund growing through yearly contribution from Indian Railways in a manner linked with the loan disbursements by the Bank. 

Compulsory Retirement Benefit Deposit is another unique savings proposition that converts tiny monthly savings at attractive interest rates to a nice lumpsum on retirement along with withdrawal of the membership. The compounding power of interest works its magic.

Google Arts & Culture in collaboration with Indian Railways has curated the heritage of the Indian Railways and captured the essence of our Member Shareholders, the Daily Heroes.