Activities
Our Bank is organized for the members and their families by providing them required loans for promoting agriculture and other trade/business activities in the service area of the bank, with the help of mobilizing deposits from members of the bank. We are also issuing agricultural loans to members by obtaining cash credit loans from financing banks. At present we are having members in the role in 4 classes as classified in the bye -laws of the bank. The total paid up share capital of the bank at present is 3.98 Crores and deposits is Rs.120.24 Crores. The borrowing outstanding is 7.11 Crores and investment Rs.23.52 Crores. We are providing agricultural loans, non agricultural loans, gold loans, self employment loans, small business loans to our members according to their requirement within the limit provided in the bye laws of the bank and the total amount of loan outstanding as on date is Rs. 116.51 Crores. The working capital of the bank as on date is 105.24 Crores. It is conspicuous to note that only a very negligible amount is classified as overdue, the percentage is only 1.69%.
Other Activities
- Locker facility – Through 5 branches on rent free conditionCore Banking – Core banking introduced in the year 2012-13 which facilitating inter branch transaction
- Core Banking – Core banking introduced in the year 2012-13 which facilitating inter branch transaction
- CSC Bank Neethi Medical Store- Selling medicines with rebate of 10% to 50%
- RTGS/NEFT Facility – Facilitating the transfer of funds from our bank to any other bank in India with the help of SBI Bank. NREs also can utilize this facility
- Demand Draft facility – to all Indian cities through SBI Bank at a negligible rate of commission
Corporate Social Responsibility (CSR)
- Accidental insurance scheme – All A class members of the bank are insured for an amount of Rs. 10000 under the accidental insurance scheme with the United India Insurance Company subject to the renewal of insurance
- Special insurance scheme – For loanees except gold loans and deposit loans with an age limit upto 70 years have been insured under the accidental insurance scheme with the United India Insurance Co.Ltd coverage up to Rs. 50000
- Sahakarana Risk Fund Scheme – every loanees except gold loans are enrolling as members under this scheme and they are eligilble to get Rs. 1 lakh and its interest out of their loan outstanding in the event of their death. This benefit is not provided to members having overdue in loans more than 6 months with the bank
- Medical treatment – advances from our common good fund is provided to members ailing from cancer and such severe diseases. Medicines, through various PHCs and CHCs is being provided at various occasions. Assistance to kidney Patients Fund in district level from the common good fund is also provide
Other Activities
- E-Passbook – Bank provides E-passbook facility based on modern technology. Know your bankAccount balance facility in available in the number in the number 9020670099 through a missed call
- ISO – Bank in facilitated with ISO 9001 – 2008 certificate in the Year 2015-2016
- Library – Bank in facilitated with a library, and smart room for agricultural related seminars and classes
- Ambulance & Mobile Mortuary –Two ambulance and mobile mortuary services are provided to serve the general public at low rate.
- New Land Purchase – Besides the 27.5 cent land, the bank can purchase 0.18 cent land in 2012-13 and 41.65 cent nearly land in 2013-14 for FFC
- Emplyees training program – The bank participating the employees at employees at different training programs within and outside the state for increasing their efficiency and overcome the competition.
- K.K.Appu Memorial Hall – In 2011-12, the bank dedicated K.K. appu memorial Hall in remembrance of the first president of the bank Shri.K.K.Appu
- Western union money transfer – Facilitates transfer of money from anywhere in the world
- Demand Draft Facility – To all Indian cities through SBI bank and ICICI Bank a negligit rate of commission
- Nanma Co-operative Public Distribution Centre – Distribution of consumer goods ar a rebate of 25% from the market value under the guidance on Govt and consumer Fed.
