|Andhra Pradesh State Cooperative Bank Limited (APCOB), a Scheduled State Cooperative Bank offers financial support for the development of agricultural and rural development through the Cooperatives. In Andhra Pradesh there is a federal system of cooperative credit system with APCOB at its apex level and a family of 22 affiliated District Cooperative Central Banks (DCCBs), which in line has 563 Branches and 2746 Primary Agricultural Cooperative Societies (PACS) through which, developmental agricultural credit is provided, to a big mass of around 1.5 crores of PACS members.
The APCOB and affiliate credit structure together offer a unique platform of Single Window Credit Delivery System, first of its kind in the country through which investment and production credit for agriculture is provided at the grass root level. The PACS at village level provide varied short, medium and long term loans both under production and investment credit, input requirements, produce storage facilities, essential commodities, banking and other rural based services to the farmers. The bank through the DCCBs and PACS, provides re-finance support for agricultural production credit for seasonal agricultural operations (crop loans), investment credit for investments in agriculture for Minor Irrigation, Farm Mechanization, Land Development, Horticulture, Dairy, Poultry, Fisheries and other diversified investments and allied activities.
Bank also offers a host of facilities to its urban clientele like deposit schemes, safe deposit lockers, Clean & Secured Overdrafts, Consumer Durable Loans, Vehicle Loans, Gold Loans, Housing Loans, Real Estate Mortgage Loans.