About Bank

The Kadapa District Cooperative Central Bank Ltd., Kadapa [KDCCB] is a Government undertaking Bank for the District of Kadapa in Andhra Pradesh. The Bank is committed to Agricultural and Rural Development through the Cooperatives. The Cooperative Credit System in Kadapa District with the KDCCB at its District Level is a federal system consisting of a family of 256 affiliated Cooperatives i.e., Primary Agricultural Coop. Societies & Weavers Coop. Societies [PACS & WCS], which in turn, have 16 Branches, 62 Primary Agricultural Cooperative Societies [PACS] & 194 Weavers Cooperative Societies [WCS] through which, Developmental Agricultural Credit and productivity is provided. The total Membership of the PACS around Rs.5.35 lakhs of which Borrowing Members are 1.30 lakhs as on 31.03.2010.

The KDCCB and affiliate Credit Structure in Kadapa District showcase both Investment and Production Credit for Agriculture and Weavers is provided at the grass root level through a single Agency [PACS & WCS]. The PACS at village level is for service of the Farmers for availing of varied Short, Medium & Long Term Loans both under Production and Investment Credit.

The KDCCB has also a network of 17 Branches in the Kadapa District including Head Office at Kadapa City having [2] Two Branches and [1] Head Office-Main Branch exclusive needs of the urban Clientele.

In tune with it's main focus, the KDCCB, through the PACS & WCS, provides re-finance support for Agricultural Production Credit for Seasonal Agricultural Operations [SAO Crop Loans], Investment Credit for Investments in Agriculture for Minor Irrigation, Farm Mechanization, Land Development, Horticulture, Dairy, Poultry and other Diversified Investments and allied activities and also providing Cash Credit facility to Weaker Sector through the Primary Handloom Societies & Silk Handloom Societies, through which Rural Development is fostered. Loans to the Employees Credit Societies are also extended to provide timely financial support to Employees of various organizations through the Employees Coop. Credit Societies. This apart, the Bank finances Industrial Cooperatives and Agro Processing Industries other than Cooperatives fold like Sugar Factories, Milk Unions and Dairy Federation.

As a part of it's commitment towards Rural Development, the Bank provides assistance for the Programmes under Self Help Groups [SHGs] and Non Farm Sector finance for self EmploymentProgrammes in the Rural & Semi Urban Areas, Micro Credit through Self Help Groups, Youth Associations and Women's Groups under Integrated Cooperative Development Project, Kadapa [ICDP], this Programme as tune of Rs.1177.47 lakhs is sanctioned by the National Cooperative Development Corporation, New Delhi through the Government of Andhra Pradesh.

The Bank extends financial support to the PACS for Fertilizer Business, for constriction of Godowns and also provided Financial Assistance to the District Cooperative Marketing Society [DCMS] it a District Unit through Integrated Cooperative Development Project, Kadapa [ICDP].

The Bank offers a host of facilities to its Urban Clientele for financing of Housing Loans. In all Branches of the Bank including Head Office having Banking facilities under attractive Deposit Schemes, Safe Deposit Lockers, Consumer Durable Loans to the Employees of DCCB, Gold Loans, Housing Loans and a host of other services

Key Financial Indicators as on 31.03.2010:

[Rs. in lakhs]

Note:

*        Reduction on Account of Adjustment of Flexi Deposits to the Borrowing Loans of the PACS.

#       Reduction on Account of ADWDRS by the Government of India.