On the 15 July 1941, a great expectation of the people living North of Beadon Street was fulfilled with the foundation of Maharaja Manindra Chandra College at 20, Ramkanto Bose Street, Kolkata - 700 003. It had been possible due to the drive and initiative of some spirit of Dr. Panchanan Neogi I.E.S (Retd.), a well-known educationist of the time and the benevolence of Maharaja Sris Chandra Nandi of Cossimbazar.

The genesis of the college may be traced to a public meeting held on December 15, 1940, at 44/A, New Shyambazar Street. A resolution was adopted in that meeting to the effect that an Arts, Science and commerce college be opened in memory of the illustrious Maharaja Manindra Chandra Nandi of Cossimbazar at 20, Ramakanto Bose Street, Kolkata. His son Hon’ble Maharaja Sris Chandra Nandi kindly consented to hand over the premises to the proposed Governing Body of the College. The College, in course of time, under the able stewardship of its illustrious Principals, assumed the status of one of the premier colleges of Kolkata and has been accredited by NAAC in the year 2011 with grade ‘B’. The College has celebrating its Platinum Jubilee in the Session 2015-16.