The A.P Mercantile Co-Operative Credit Society LTD
About Us
THE ANDHRA PRADESH MERCANTILE CO-OPERATIVE CREDIT SOCIETY LIMITED is a Financial Institution formed under the laws, which do banking business among all its customers, public, private limited and government departments and their members. ... It has been registered under Government of Andhra Pradesh registrar of co-operative societies (MACS) Act 1995 and was originally promoted and managed by highly experienced banking professionals giving for all kinds of banking services to delight and privilege of customer, and also group of financial members of Indian Financial Institutions and waists wholly owned subsidiary. THE ANDHRA PRADESH MERCANTILE CO-OPERATIVE CREDIT SOCIETY LIMITED acquision of customer base in Andhra Pradesh and Telangana States and representatives of their branches in Vijayawada, Guntur, Nellore, Rajahmundry and Hyderabad. The principal objective was to create a development financial institution for providing medium-term and long-term project funding and financing to the small and medium business entrepreneurs. THE ANDHRA PRADESH MERCANTILE CO-OPERATIVE CREDIT SOCIETY LIMITED is into a business to build strong corporate relationships built up over TEN years entry into new business segments and crossing 125 crores of turn-over in terms of Deposits and Loans in various business segments particularly in individuals / Govt / public and private Ltd companies of vats talent pool of our subsidiaries. THE ANDHRA PRADESH MERCANTILE CO-OPERATIVE CREDIT SOCIETY LIMITED is a highly capitalise with an Authorized capital of 10.00 Crores and Paid up capital of 5 Crores with assets of 7 Crores and more than 40 employees were working. The society has diversified activities in RETAIL / CORPORATE Banking Servcies. Read More
Our Banking Services
| Daily Deposit | Maturity after 1 Year |
|---|---|
| 100/- | 37,991/- |
| 200/- | 75,983/- |
| 300/- | 1,13,975/- |
| 400/- | 1,51,966/- |
| 500/- | 1,89,958/- |
| 1000/- | 3,77,928/- |
| Monthly Savings | 12 Months | 24 Months | 36 Months | 48 Months | 60 Months | 72 Months |
|---|---|---|---|---|---|---|
| 500/- | 6,335/- | 13,476/- | 21,753/- | 30,917/- | 41,243/- | 52,878/- |
| 1000/- | 12,670/- | 26,953/- | 43,508/- | 61,835/- | 82,486/- | 105,757/- |
| 1500/- | 19,005/- | 40,430/- | 65,261/- | 92,752/- | 1,23,730/- | 1,58,636/- |
| 2000/- | 25,340/- | 53,907/- | 87,015/- | 1,23,670/- | 1,64,973/- | 2,11,514/- |
| 5000/- | 63,351/- | 1,34,767/- | 2,17,538/- | 3,09,174/- | 4,24,132/- | 5,28,785/- |
| Period | General | Senior Citizens |
|---|---|---|
| 45 Days to 90 Days | 6.00% | 6.00% |
| 91 Days to 180 Days | 7.00% | 7.50% |
| 181 Days to upto 1 Year | 8.00% | 8.50% |
| 1 year to below 2 years | 10.00% | 10.50% |
| 2 year to below 3 years | 11.00% | 11.50% |
| 3 year and above | 12.00% | 12.50% |
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0866-2569191 cell :93917419141 0863-2339191 cell :9052295771 0866-6659191 0883-2579191 cell: 9347223824