Andhra Pragathi Grameena Bank

Andhra Pragathi Grameena Bank was established in 2006 by combining 3 banks in Andhra Pradesh and governed by the Regional Rural Banks Act of 1976. Having head office at Kadapa also have 8 regional offices with 500 plus branches. It offers support in building rural areas with canals, tanks, ponds, borewells, and connect to the countryside in Andhra Pradesh. We offer Loan facilities, Account opening, Agricultural finance, Online banking, executing various Government Schemes and the Net banking,

Factsheet of Andhra Pragathi Grameena Bank
Bank NameAndhra Pragathi Grameena Bank
Founded inJune 1, 2006
Promoters/foundersCreated by joining the Sri Anantha Grameena Bank, Pinakini Grameena Bank, and Rayalaseema Grameena Bank.
Headquarter Address

Andhra Pragathi Grameena Bank
Beside Mariyapuram Church
Mariyapuram
Kadapa - 516003
Andhra Pradesh

Employee'sNA
Type of BankCo-operative Bank
Official Websitehttps://www.apgb.in/
Customer Care Number1-800-425-2045

History of Andhra Pragathi Grameena Bank

Andhra Pragathi Grameena Bank is created to protect the interest of people living in Kurnool, Nellore,Prakasham, Anantapur and Kadapa Districts of the state of Andhra Pradesh. It is headquartered in Kadapa known for the evergreen Kadapa Stones and Kadapa Bombs. In 2006 it became a scheduled bank and believes in offering quality guidance to our proud customers. 

It is created after the merger of Sri Anantha Grameena Bank, Pinakini Grameena Bank and the Rayalaseema Grameena Bank.

The net worth of this bank is INR 2777 Crores and is one of the leading cooperative movement in India. 

The bank has more than 552 branches and also very good in doing effective loan recovery.

Mr, Rakesh Kashyap is currently the Chairman of the Andhra Pragathi Grameena Bank.

Banking Services offered by Andhra Pragathi Grameena Bank

There are various banking services offered by the Andhra Pragathi Grameena Bank and it is given below as follows:

  • SMS Alerts
  • Savings Account
  • Current Accounts
  • Over draft facilities
  • Safe Deposit Lockers
  • Personalised Pass Book
  • Pragathi Cash Certificate
  • NItya NIdhi Daily Deposits
  • Debit Card and Credit Card
  • Personalised Cheque Books
  • Customer Complaints Addressing

Loans and credit facilities provided by Andhra Pragathi Grameena Bank

There are many loan facilities given by our bank and it is given below:

  • Home Loan
  • Gold Loans
  • Holiday Loan
  • Vehicle Loan
  • Personal Loan
  • Business Loans
  • Education Loan
  • Credit Card Limit
  • Loan Against Properties
  • Loan Against Securities
  • Loan Against Fixed Deposits

Ownership

The Andhra Pragathi Grameena Bank ownership is divided into three parts given below like:

  • Government of India-----50%
  • Canara Bank--------------35%
  • Government of AP-------15%

Awards and Recognition

The Andhra Pragathi Grameena Bank received the "BEST BANK" award from Andhra Pradesh Chief Minister Mr. Konijeti Rosaiah.

Andhra Pragathi Grameena Bank has 561 IFSC connected branches in India. Bank has branches in following states:

  • ANDHRA PRADESH

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