WELCOME TO VIZIANAGARAM DISTRICT COOPERATIVE CENTRAL BANK LTD

Vizianagaram District Cooperative Central Bank Ltd., Vizianagaram has been functioning in the district since 1916 and serving the rural farmers and customers by providing various banking facilities and other needs required for Agriculture through 16 branches and 94 PACS affiliated to the Bank. The Bank is going to celebrate its Centenary in the year.

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Rate of Interest

The amount charged as a percentage of principal, by a lender to a borrower for using assets.

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Current Deposits

An account which is always catering for frequent deposits and withdrawals by cheque.

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Savings Deposits

Customers open a savings account at the bank and the bank pays you interest for that money.

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Recurring Deposits

VZM Dccb offer various schemes in Recurring deposits services in wide range.

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The District Co-operative Central Bank Ltd., Vizianagaram was established on 09 February 1916 as “VizagPatem” District Co-operative Central Bank Union in the composite State of Madras.  Subsequently the Vizagpatem District Co-operative Union was named as Vizianagaram Co-operative Banking Union since 06-11-1916 and started its business transactions.  Then in November 1928 it was renamed as Vizianagaram Co-operative Central Bank.

The Vizianagaram Co-operative Central Bank Ltd., in November 1928 have its area of operations from Payakaraopeta of Visakhapatnam District to Ganjam District in Orrissa State.  During the course of time, the composite State of Madras is unwieldy the Orissa State was formed w.e.f.01.04.1936 by carving some districts from composite Madras State including Ganjam District & some more districts from Bihar. As the Ganjam District was included in Orissa State, the area of operations of Visakhapatnam District are confined from Payakaraopeta to Itchapuram.The Vizianagaram Co-operative Central Bank Ltd., Vizianagaram catering the Agricultural Credit needs in its area of operations More

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Smt.M.Tulasi (president)

Our Services

Recurring Deposits

VZM Dccb offer various schemes in Recurring deposits services in wide range .

Recoveries

Recovery Statements of VZM DCCB for the year 2015-2016 at Bank and Member level.

RTGS Facility

VZM Dccb offer RTGS Facility to farmers through PACS and from Branches.

Loans

VZM Dccb offer various secure schemes of Loan services in wide range.

Rate of Interest

VZM Dccb offer various schemes in Rate of Interest services in wide range.

Term Deposits

VZM Dccb offer various schemes in Term deposits services in wide range.