Interest Rates on Loans

S.NoSlab/CategoryRate of Interest General
  % p.a
  W.E.F 01-12-2022
 Type of LoanInterest % p.a
1Housing Loan11.00
 Business Development 
1Upto Rs.25.00 lakhs13.50
2>Above Rs.25.00 lakhs12.50
 Vehicle Loan 
1Purchase of new car11.50
2Used Cars[Not more than 8 yrs old]12.50
3Unsecured loans to shop keepers14.00
 Jewel Loans 
1Normal [12 months]12.50
2Eenadu Express Gold Loan [3 months]12.00
 Other Loans 
1Upto Rs.1.00 lakh 14.00
2Above Rs.1.00 lakh 15.00

Savings Bank Interest Rates —

Our savings Account REWARD you with HIGHER Rates of INTEREST

Interest Rates on Deposits

S.NoSlab/CategoryRate of Interest GeneralRate of Interest Sr.Citizen
  % p.a%p.a
 Our savings Account REWARD you with HIGHER Rate of INTERESTW.E.F01/12/2022
1Savings Deposits4.004.00
2 TERM DEPOSITSW.E.F01/12/2022
330 to 180 days5.506.00
4181 Days to 1 Year6.006.50
5> 1 Year to 2 Years7.508.00
6> 2 Year to 3 Years8.008.50
7> 3 Year to 5 Years8.509.00
8> 5 Year to 10 Years8.008.50

* Deposits Insured under DICGC

* Savings Bank Interest Applied on Daily Products



Inviting Application from suitable , result oriented candidates having Good command over State Cooperative Act provisions & Rules , B R ACT ( AACS ) who fulfills “ FIT & PROPER “ criteria norms as prescribed by RBI for the post of Full time “ MANAGING DIRECTOR/ Chief Executive Officer “ .

The Candidate must be well  acquainted with various  directives & circulars issued by the Regulatory  Authorities  and should  possess updated knowledge on recent trends in Banking  technology .

Age Limit : Between 35 yrs to 65 years as on 15.02.2024

Qualification : The person shall be a graduate, preferably, with

          (a)  Qualification in banking/ co-operative banking such as CAIIB / Diploma in Banking and

Finance / Diploma in Co-operative Business Management or equivalent qualification; or

          (b)  Chartered / Cost Accountant / MBA (Finance); or

          (c)  Post graduation in any discipline.

Experience : Person shall have a combined experience of at least eight years at the middle / senior management level in the banking sector (including the experience gained in the concerned UCB)

How to Apply : 1. Send hand written application . 2. Detailed CV 3. Latest pass port size photo 4. Attested copies of Academic credentials 5. Experience/service certificate 6. Reliving letter from the past employer 7. Present/past pay structure 8. Expected salary .

The appointment  will be subject to terms & conditions as prescribed by RBI based on “FIT & PROPER “ criteria .

Applications for the post of Managing Director/ Chief Executive Officer should reach by mail on or before 23/02/2024, 5.00 p.m

Mail ID –