Anantapur District Cooperative Central Bank

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.

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Sri Lingala Sivasankara Reddy (President)

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Rate of Interest

The amount charged as a percentage of principal, by a lender to a borrower for using assets.

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Current Deposits

An account which is always catering for frequent deposits and withdrawals by cheque.

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Term Deposits

Anantapur Dccb offer various schemes in Term deposits services in wide range..

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OUR SERVICES

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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

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Locker Policy

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

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Saving Bank Account Policy

A Savings bank account is the most common operating account for individuals and others for non-commercial transactions.A Savings account helps people to put throughMore