REPCO BANK Ltd., was commenced in the year 1969 by Govt. of India    with the main objective of rehabilitating repatriates from Burma and Srilanka. The Schemes are open to all on admission as members of the bank so as to enable the bank serve its main objective effectively. Under special powers conferred in the byelaws, the Board of Directors, appointed by Govt.of India, governs the operations of the institution and under administrative control of ‘Ministry of Home Affairs’

The Bank is administrated by Board of Directors nominated by the Govt. of India, the Chief Executive being Managing Director, to look into the day-to-day operations.

The area of operation of the bank covers the south Indian states viz., Tamil Nadu, Andhra Pradesh, Karnataka, Kerala, and the Union Territory of Pondicherry.

The Share Capital of the bank constitutes subscription by the Govt. of India and the state Govts. of TamilNadu, Andhra Pradesh, Karnataka, Kerala besides individual Repatriate members.