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About - THE GUNTUR DISTRICT CO-OPERATIVE CENTRAL BANK LTD
The Guntur District Cooperative Central Bank Ltd., Guntur is having 42 branches, 167 PACS catering to the needs of around 3,00,000 farmers.

The total deposits of Bank as on 31.03.2020 stood at Rs.911.77 crores. The total loan outstanding of the Bank as on 31.03.2020 stood at Rs. 1699.40 crores.

The total borrowings of the Bank as on 31.03.2020 was Rs.902.56 crores . The total investments of the Bank as on 31.03.2020 was Rs. 335.99 crores
The Bank has not defaulted to APCOB and also not defaulted in maintenance of CRR & SLR during the year. The Agricultural Gold loans are being issued at 7 % and Non- Agricultural gold loans at 9.00% and pergram rate for Agrl. Gold loans is is Rs.3300/- or 70 % of Bullion value, whichever is less and for Non –Agrl. Gold Loans is Rs. 3300/

The CRAR as on 31.03.2020 is 11.76%.
The Bank is being issued Cash Credit against mortgage of property. Under this scheme the Bank will finance upto Rs.15.00 lakhs in Guntur Municipal Corporation limits, uptoRs. 15.00 lakhs in Tenali and Narasaraopet Municipal limits and Rs.10.00 lakhs in other municipalities and uptoRs. 7.00 lakhs in Villages of Guntur District.

The Bank has introduced a new scheme “Secured Over Draft” by mortgage of agriculture lands and RCC Buildings and will finance upto Rs.20.00 lakhs at 14.00% Compound interest. Due date is 31stMarch and can be renewed upto 3 years.

The Bank is providing cash credit facility to primary Weavers Cooperative Societies under NABARD refinance scheme and from own funds. At present the Bank has extended this facility to 30 regular PWCS