WELCOME TO ANANTAPUR DISTRICT COOPERATIVE CENTRAL BANK LTD
The Anantapur District Cooperative Central Bank Ltd., (ADCC Bank) was established on 3.2.1919 with its Head quarters at Anantapur as a cooperative society primarily to finance Short Term credit to the Primary Agriculture Cooperative Societies in the District. Simultaneously the Long Term credit needs for the Land Mortgage Banks [PADB] in the District catered the farming community. In 1987, the Government of Andhra Pradesh abolished Primary Agriculture Development Banks and introduced Single Window System to cater both Short Term Loans and Long Term Loans through a single institution.The present Anantapur District Cooperative Central Bank Ltd., was registered as a Cooperative Society under the A.P State Cooperative Societies Act 7 of 1964.
Deposit Policy Revised
One of the important functions of the Bank is to accept deposits from thepublic for the purpose of lending.In fact, depositors are the major stakeholders of the Banking system.More
Safe deposit lockers facility is one of the ancillary services extended by bank through branches.The relationship between the banker and the customer of a locker is that of lessor and lesseeMore