Deposit Schemes

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.

Savings Bank

This facility is available to customers to deposit and withdraw money as per their convenience. The facility is extended with or without cheque book as per the needs of the customer. Prompt and courteous service awaits our customers at our Branches. Personal Accident Insurance Scheme (PAIS) for Rs. 1.00 lakh is extended to All Savings Bank Operative Individual Account holders free of cost with effect from 01.03.2013 (terms and conditions apply).

Current Account

Current Account with cheque book facility is offered by the Bank to its corporate and business clients. Clean and secured overdraft facility is also provided on the Current Account.

Fixed Deposit

The Bank offers attractive rates on Fixed Deposits for various maturity periods. Facility for drawing interest on a monthly or quarterly basis is provided.

Gruhalaksmi Deposit

This is a cumulative term deposit scheme under which money multiplies faster to a yield targetted amount for the customer as per the deposit period convenient to him.

Cash Certificate

This is a cumulative deposit scheme under which interest is accumulated to the principal deposit amount and lumpsum paid at the end of the investment period. Customers can encash sizeable amounts by investing small amounts initially. Ideally suited to customers saving for a targetted purpose for the future.

Recurring Deposit

Under this scheme, the customer can save small amount in monthly instalments for a fixed term to get back a lumpsum. Interest is accumulated on the principal over the saving period at attractive rates of interest.

Other Special Deposit Schemes

The Bank is offering a host of other special deposit schemes to suit the savings needs of its customers like Special Tax Saver Deposit Scheme.

Interest Rates on Individual Term Deposits revised w.e.f 03.10.2022 :

S.No. PERIOD Term Deposits of below Rs.15.00 lakh. Term Deposits of Rs.15.00 lakh to Rs. 1.00 Crore Term Deposits of Rs.1.00 Crore and above
1 7 days to 30 days 4.75  4.50 5.25
2  31 days to 45 days  5.00  4.75 5.50
 3  46 days to 90 days 5.50  5.25 6.00
 4  91 days to 179 days  6.00  5.75 6.50
 5  180 days to 364 days  6.00  5.75 6.50
 6  1 year  6.75  6.50 7.25
7 Above 1 year & upto 5 years 6.50 6.25 7.00
8  Above 5 years & upto 10 years  6.00 5.75 6.50

For Senior citizens the Rate of Interest is 0.60% higher on all slabs

The rate of interest on Tax Saver Deposit scheme will be 6.50%.