About the Bank
The Chittoor district cooperative central Bank Ltd., Chittoor was established In the year 1919 and started functioning from 01.02.1919. The bank is committed to agricultural and rural development, through its 25 branches, 76 PACSs and other Co-operative institutions affiliated to the bank in the entire Chittoor district of Andhra Pradesh. A RBI licensed bank, license No. RPCD.CO.OP(H).8./05.08.01/2009-2010, to do commercial banking business in India.
The bank provides loans to the farming community in the district for Agricultural production for mainly sugarcane, Groundnut, and paddy crops and development credit for minor irrigation farm mechanization Horticulture, Dairy, Poultry, Sericulture etc., weavers through Hand loom and silk weavers credit societies, Employees societies, Sugar Factories, Dairies etc.
Apart from Rural development, Bank provides assistance for SHGs, SGSY, RMGs, JLGs and also weavers groups and govt. sponsored scheme,
The bank provides baking services to semi urban and rural population through its attractive deposit schemes and providing other services like, safe deposit lockers, cash credits, insurance facilities etc.
Bank Establishment in : 1919
Bank registration No. : M.3230
Bank RBI License No. : RPCD.Co.op(H)8/05.08.01/2009-10 |
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| Deposits Interest Rates |
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| 1 |
Savings Deposits |
4.00% |
| 2 |
7 To 14 Days (One lakh & above) |
4.00% |
| 3 |
15 To 45 Days |
6.00% |
| 4 |
46 To 90 Days |
7.00% |
| 5 |
91 To 179 Days |
7.50% |
| 6 |
180 Days To 1 Year |
8.00% |
| 7 |
1 Year To 2 Year |
9.50% |
| 8 |
2 Year To 3 Year |
9.50% |
| 9 |
3 Years To 5 Years |
10.00% |
| 10 |
5 Years & Above |
9.00% |
(0.50% extra for one year and above deposits of senior citizens, PACS, Urban Banks and other Employees societies) |
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