RANGA REDDY CO OPERATIVE URBAN BANK LTD. (Regd. No. TB-503)
The origin of establishment of our Bank goes back to 27.11.199
8, when we obtained Certificate of Registration under A.P Co-operative Societies Act of 1964. We obtained RBI license on 22.04.1999 to function as a Bank and from different fields of avocations. During the long journey of 25 years, the Bank has passed thorugh several stages of progress.
Our Bank was established on 10-05-1999 with a modest beginning. The business as well as Profit of the Bank is growing every year.
* We purchased the Premises of the bank with our own funds
* We are going to start on-site ATM very soon.
* We are giving Loans against Gold Ornaments at 11% interest per annum.
* we have safe deposit lockers, SMS alerts are being sent to the cus
tomers for the transaction made
.
* The deposits made by the customer with our Bank are insured with DICGC.