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The A.P Mercantile Co-Operative Credit Society LTD

  • 0866-6659191
  • admin@apmercantile.com
  • A.P Bhavan, Door.No.11-13-1/1,Jandachettu Road,Subbaramayya Street,Vijayawada - 520001

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%

  1. Must be a member
  2. Get 4% interest on regular savings accounts
  3. Get 6% interest on kids savings accounts
  4. No limitations on cash deposit on home/non home branches
  5. Cash deposit facility available all over india-non branch locations
  6. Flexible cash withdrwals available in home/ non home branches
  7. An individual/joint/special savings/kids savings accounts available
  8. RTGS/NEFT/Money Trf/IMPS Available
  9. DD/Banker Cheque facility available
  10. Money transfer upto 10 lakhs 24/7, 365 days available
  11. No AQB Charges

  1. Must be a member
  2. Current account - Individual/Propritership
  3. Current account - Firm /Pvt.Ltd
  4. Flex Current Account - Trust / Association
  5. No limitation on cash deposits home/non home branches
  6. Cash Deposits facility available in all over india - non branch locations
  7. Flexible cash withdrawals available in home/non home branches
  8. RTGS/NEFT/Money Trf/IMPS Available
  9. DD/Banker Cheque facility available
  10. Money transfer upto 10 lakhs 24/7, 365 days available
  11. No AQB Charges

  1. Must be a member
  2. Minimum age limit is 18 years
  3. Maximum age - No Limit
  4. Gold Loan per gram 2000/- to 2500/-
  5. Processing fee 2%
  6. Interest rate is 16%
  7. Minimum amount - 5000/-
  8. Maximum amount is 2,00,000/-
  9. Minimum term is 6 months
  10. Maximum term is 10 months

  1. Must be a member
  2. Minimum age limit is 18 years
  3. Maximum age - No Limit
  4. Gold Loan per gram 2000/- to 2500/-
  5. Processing fee 3%
  6. Nominee Facility Available
  7. Minimum amount - 2,00,000/-
  8. Maximum amount is 10,00,000/-
  9. Minimum term of loan is 5 years
  10. Maximum term of loan is 7 years
  11. one gaurantor must be there with all KYC
  12. All KYC + DOC + Cheques Required
  13. Property Should be registerested mortgage by our society
  14. No Pre-closure charges

  1. We offer best rates in the industry.
  2. We are authorised to release foreign exchange for your visit abroad - Personal as well business.
  3. You may Purchase/reload AXIS forex cards from any of our branches.
  4. You may purchase/reload Axis Bank Travel Currency Cards through any or any branches.
  5. You can receive money through WESTERN UNION from any of our branches.
  6. To make Forex services available across India as a ‘reliable and affordable product’ for the customers at a competitive price, through the vast distribution network.
  7. We buy and sell all foreign currencies and travlers cheques throught channel partners of AXIS & WEIZMANN forexcards.

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vijayawada@apmercantile.com
0866-2569191
cell :93917419141
A.P Bhavan, Door.No.11-13-1 / 1,Jandachettu Road,Subbaramayya Street,Vijayawada-520001.
Working Hours (6 days week)
Monday to Saturday – 10.00 am to 6.00 pm
2nd and 4th Saturday – 10.00 am to 2.00 pm

guntur@apmercantile.com
0863-2339191
cell :9052295771
Door No: 6-15-46, Ground Floor, Lane 15/2, Behind ST.Lgnitious Girls High School,Arundalpet, Guntur-522 002.
Working Hours (6 days week)
Monday to Saturday – 10.00 am to 6.00 pm
2nd and 4th Saturday – 10.00 am to 2.00 pm

nellore@apmercantile.com
0866-6659191
# 6-2-9, Pappula street,Stone House Pet, Nellore-02
Working Hours (6 days week)
Monday to Saturday – 10.00 am to 6.00 pm
2nd and 4th Saturday – 10.00 am to 2.00 pm

rjy@apmercantile.com
0883-2579191
cell: 9347223824
# 45-31-110, Tadithota,Near Bollineni Hospital,Rajahumundry-533103.
Working Hours (6 days week)
Monday to Saturday – 10.00 am to 6.00 pm
2nd and 4th Saturday – 10.00 am to 2.00 pm

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