The Bank was established on 20th August 1924. Presently bank is serving population of rural Ares of district Solan its Network of 29 branches. In spite of dependence on nature and odds of topography of district Solan, the agriculture industry has sufficient and unrestricted input of financial help from the bank. The accumulation of funds is increasing. The own funds, public deposits and refinance from NABARD are main sources of funds collection. The funds are deployed in agriculture, industrial, public distribution system, Kisan Credit Card, SHG’s, Govt. Sponsored programes, transport, and housing and in other farms and non-farms sectors. All the cooperative and non cooperative sectors are covered by the bank credit schemes.