The Bank extends financial support to Apex Cooperative Federations like MARKFED, APCO, FEDCON etc. It has also been providing direct finance to small and medium industries and agro-based units.
The Bank offers a host of facilities to its urban clientele.
The Reserve Bank of India clarified that banks will have to calculate balances in all accounts falling under the Depositor Education and Awareness Fund (DEAF) Scheme
After the bifurcation of APCOB into TSCAB and APCOB, the Andhra Pradesh State Cooperative Bank Cooperative Training Institute (APCOB CTI) started functioning from Sahakara Bhavan, Barkatpura, Hyderabad since March 2016 to cater to the training needs of SCB, DCCBs, PACS and other cooperative institutions in the state. The APCOB CTI is committed to capacity building of the human resources of the Cooperative Credit Structure and affiliated cooperatives in Andhra Pradesh by providing relevant need based and quality training.
The loan portfolio of APCOB covers Crop Loans, Medium Term Loans and Long Term Loans for Agricultural purposes. Substantial support is being extended to the Government-sponsored District Rural Development Agency projects through IRDP Loans and also to Cooperative Sugar Factories, Spinning Mills, Weavers Societies, Employees Cooperative Credit Societies and other Societies.
APCOB is also extending finance to many Apex Cooperative institutions in the State like APCO, MARKFED, GCC etc.
The Bank is committed to agricultural and rural development through the Cooperatives.
The Andhra Pradesh State Cooperative Bank Limited (APCOB), Vijayawada, is a Scheduled State Cooperative Bank for the State of Andhra Pradesh. Consequent on reorganization of the State of Andhra Pradesh
The Bank extends financial support to Apex Cooperative Federations like MARKFED, APCO, FEDCON etc.
It has also been providing direct finance to small and medium industries and agro-based units.
The Bank offers a host of facilities to its urban clientele. These include, Banking facilities under attractive deposit schemes, safe deposit lockers, Clean & Secured Overdrafts, Consumer Durable Loans, Vehicle Loans, Gold Loans, Housing Loans and a host of other services.