MCI (Bangalore) Chits Ltd. is the brainchild of Mr. B. Shivalingappa is well known for being a passionate and dedicated banker and financier. He has a formal education in B.Com and L.L.B. He started his career in Banking in the year 1971 at the esteemed Vysya Bank Ltd. He was promoted to Officer Cadre in 1976.
In 1980, he served as a Branch Manager in Tiptur, Mysore, and was further promoted as Asst. Divisional Manager at Regional Office, Mysore.
He served as an Asst. Divisional Manager in Anantapur between 1990 and 1991. He went on to offer his services in Gulbarga as Divisional Manager during 1991 and 1994.
For his financial skills and work discipline, he was yet again promoted to Asst. General Manager in 1994. In this position, he served at both Trivandrum and New Delhi from 1994 to 1999.
In 2000 he worked at the Head Office - Recovery and Legal Department as Senior Asst. General Manager from 2002 to 2001.
During his career in Vysya Bank, he achieved many awards for his outstanding performance in various fields in banking until he opted for retirement.
At Present he is not only the Chairman of MCI Chit Funds Pvt. Ltd. Bangalore, but also the Managing Partner of MCI Bangalore Finance, Bangalore. With his financial expertise and years of banking experience, he has been actively involved in various social organizations as President, Vice President, or secretary.
As President, he is involved in Karnataka Chiters’ Association, ING Vysya Bank Pensioners’ Welfare Association, ING Vysya Bank Pensioners’ Welfare Association Health Fund Trust, and Sri Yadava Educational and Cultural Trust at Madakasira Anantapur District (A.P.) that also offers free boarding and lodging facilities for needy rural students.
He is offering his services as Vice President at Vidyavardhaka Sangha, Mysore that provides Engineering, Law, Degree, Polytechnic and Industrial Training Centres, etc. He is also the Vice President of Universal Credit Souharda Sahakari (N) Bangalore.
He also holds the office as Director for Rajajinagar Co-operative Bank and DCC Bank, Chitradurga as well!
Holding various offices and financial accreditations under his belt, B. Shivalingappa has been a valuable guide to many organizations and especially to MCI Chit Funds Pvt. Ltd. since its inception in 1999 at Gandhinagar, Bangalore.