KDCC Internship

About Machilipatnam
Machilipatnam, also known as Masulipatnam and Bandar, is a city in Krishna district of the
Indian state of Andhra Pradesh. It is a municipal corporation and the administrative headquarters of
Krishna district. It is also the mandal headquarters of Machilipatnam mandal in Machilipatnam
revenue division of the district. The ancient port town served as the settlement of European traders
from the 16th century, and it was a major trading port
forthe Portuguese, British, Dutch and French in the 17th century.
HISTORY
View of Masulipatam in 1676
 The town has existed since at least the 3rd century BCE (Satavahana period) when, according
to Ptolemy, it was known as Maisolos. The Periplus of the Erythraean Sea calls it Masalia in
the 1st-century BCE. The port is on the southeastern, or Coromandel Coast, of India. At the
mouth of the River Krishna on the Bay of Bengal, the Masula port saw flourishing sea trade.
 Muslin was traded by ancient Greeks from the town and the word muslin originated from the
name Maisolos. Muslin was an important source of income for the town, being a favourite of
Roman traders for domestic consumption. Several Roman coins were found during
excavations of Buddhist towns near Machilipatnam.
 The town served as the primary sea port for the kingdom of Golkonda. It was an outlet for
textiles produced in the Godavari Delta. It was a major source of income for the kingdom,
and contributed to its immense prosperity in the 1620s and 1630s.
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 By the end of the 17th century, the port city had fallen into decline. This coincided with
the Mughal conquest of Golkonda. However, mismanagement prior to the conquest may have
also been a factor in the city's decline.
 The town was the district headquarters of the then, Masulipatnam district and now to
the Krishna district, which was formed in 1859 in the composite Madras state.
 Machilipatnam is known for its handloom industry, which produces Kalamkari textiles
exported to United States and other Asian countries.
 Other notable local industries are boat building and fishing. Machilipatnam was a trading
base for the Europeans in the 17th century and known for minting copper coins, exporting
diamonds, textiles etc., through the port.
 The AP state government is taking measures to bring back the glory of the former port city.
On 7 February 2019, it has started construction of a deep seaport and associated industrial
corridor under the Machilipatnam Area Development Authority.
 Handlooms
Pedana Kalamkari also known as Machilipatnam style of Kalamkari work which involves
vegetable dyed block-painting of a fabric.[1] it is produced at Pedana a nearby town
of Machilipatnam
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 This style of art evolved during the rule of Mughal Dynasty and practiced by Golconda
Sultanate. Different textile products produced from this style of work include, wall
hangings and clothing like, bedsheets, curtains, saris etc. A wall hanger dating back to
15th Century AD, is still being displayed in Victoria Museum, London.
Boat building and Fishing
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The Krishna District Co-operative Central Bank Ltd.,
Machilipatnam
Introduction
The Krishna cooperative central bank established by shri Bhogaraju Pattabhi Seetaramaiah garu on
17-07-1915, the Vijayawada co-operative central bank established by shri Ayyadevara Kaleswara
Rao garu on 02-12-1918 and 14 land mortgage banks in the district were merged by the government
of AP in the year 1987 on the principle of one DCC bank for one revenue district. There after , the
regular activities of the bank were taken up by the Krishna district cooperative central bank in single
window credit delivery system with Machilipatnam as Head Quarters.
Membership
Type of the society No. Affiliated societies
1. Primary Agrl. Co-op societies 425
2.weavers societies 50
3.employees societies 56
Total 531
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Sri Bhogaraju Pattabhi Seetharamaiah
Founded Krishna Cooperative Central (KCC) Bank in the year 1915 at Machilipatnam
Sri Ayyadevarapu Kaleswara Rao

Founded Vijayawada Cooperative Central (VCC) Bank in the year 1918 at Vijayawada
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ADMINISTRATION FLOW CHART
Board of Management

Chief Executive Officer

General Managers

Dy. General Managers

Asst. General Mangers

Chief Managers

Managers

Asst. Managers

Staff Assistants

Office Attendants
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BOARD OF MANAGEMENT (2023)
Mrs. Tatineni padmavathi
Chair person
Sri Vemulakonda Rambabu
Director
Shri Kommineni Ravi Shankar
Director
Shri Nallamotu Koti Surya Prakasa Rao
Director
Shri Gadidesi Pedavenkaiah
Director
Mrs. Padamata Sujata
Director
Srimati Bhukya Rani
Director
Shri T. Vijay
D.D.M., Nabardu,
Mrs. P.S. Mani
D.G.M., APCOP
Shri A. Shyam Manohar (Chief Executive Officer)
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Key personnel of the bank Head Office, Machilipatnam as on 2023
Shri A. Shyam Manohar C.E.O
Shri B.L. Chandrasekhar G.M
Mrs. V. Niranjani D.G.M
Shri P.J.S. Prabhakar D.G.M.
Mrs. P. Varalamma D.G.M
Mrs. N. Sridevi A.G.M
Mrs. M. Prabha A.G.M
Shri G. Surya Prakasa Rao A.G.M.
Shri M. Srinivas A.G.M
Shri K. Devendra Rao A.G. M.
Shri B. Ganesh Kumar A.G.M
Mrs. T. Vasavi Kumari A.G.M
Regional Office, Vijayawada
Shri N. Rangababu G.M
Shri K. Srinivasulu D.G.M
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SPECIAL FEATURES OF KRISHNA DCCB
 Krishna District Cooperative Central Bank (DCCB) is a top-performing financial institution

in the region, having received several prestigious accolades for its outstanding achievements.
 "NABARD'S Performing Award " for 6 years from 1995-96 to 1998-1999, 2000-2001 and
2013-2014.
 "NAFSCOB'S Overall Best Performance Award " for the period 2015-16, 2016-17, 2017-18,
2018-19.
 "NAFSCOB'S Decade’s Best Performing Award " for the period 2012-2022.
 "NABARD’s Cash Award Of RS.23 LAKHS" towards Staff Welfare Fund for the Best
Performance.
 "NABARD's Cash Award of Rs.59.70 Lakhs as Incentive " for the Best Performance in
Deposit Mobilization.
 Awards for Linkage of Self Help Groups:

1st Prize in the State for 1999-2000
2nd Prize in the State for 2000-2001
Award Winner for the year 2002-2003
1st Prize in the State for 2008-2009
 Out of the 425 Societies, 93PACS have recorded 100% recovery at member level during
the year 2 r 2021-22.
 Krishna DCCB is earning profit continuously and is placed under "A" category in Audit
Classification.
 Under SHG Bank linkage program, Krishna DCCB is the top performer among DCCBs
and more than 50% of the state's share (DCCBS) in credit linkage is contributed by
Krishna DCCB.
 Krishna DCCB is also playing a lead role among the DCCBS in providing credit support
to the Rythu Mithra Groups. Krishna DCCB has more than 50% of state's share in RMG
Finance.
 Krishna DCCB has a sound financial base with a net worth of Rs.674.23 crores as on
31.03.2023.
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 The Krishna District cooperative central bank has since then been providing a wide
range of financial services to the people of the district. The bank offers various deposit
schemes, including savings account, current account, and fixed deposit, with
competitive interest rates. It also provides loans for agriculture, small businesses,
housing, education and personal needs at affordable interest rates. The bank has
introduced several digital banking services to make transactions easier and faster for its
customers. With a strong focus on customer satisfaction and financial inclusion, the
Krishna bank DCC bank continues to play a crucial role in the economic development of
the district.
 Financial Particulars:
 Krishna DCCB is one of the good working DCCBs in the State, has a strong resource
base and working on profits continuously. Financial Particulars of the Bank for the last 3
years & present year are furnished here under.
Si no Particulars 2019-2020 2020-2021 2021-2022 2022-2023

1. Own funds:-
a)Share capital 192.76 227.20 274.99 351.63
b)Reserve 160.94 185.20 263.40 304.17
Total 353.70 412.4 538.39 655.80
2. Borrowings 2174.11 2940.56 2994.03 5333.63
3. Deposits 2183.60 2707.72 4351.24 3054.37
4. Loans O/S 3502.65 4451.70 5742.07 6827.29
5. Investments 1099.21 1541.66 1997.23 2042.52
6. Profit 17.48 25.61 34.10 42.28
7. Recovery (30thJune) 92.82% 89.69% 90.69% 80.05%
8. NPA gross 3.16% 2.47% 2.56% 2.21%
Loss 1.37% 1.05% 1.14% 0.95%
9. CRAR 10.76% 10.07% 9.56% 9.90%
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 Ratio analysis:-
S. Particulars 2020-2021 2021-2022 2022-2023

No
1. Provisioncoverage ratio (PCR) 59.61% 56.69% 57.75%
2. Yield on assets 7.33% 7.15% 6.99%
3. Average cost of funds 5.66% 5.24% 5.37%
4. Risk cost 0% 0.25% 0.07%
5. Net financial margin 1.67% 1.66% 1.55%
6. Cost of management (COM) 0.93% 1.07% 0.92%
7. Return on assets (ROA) 0.47% 0.49% 0.49%
8. CASA to total deposits 24.22% 27.49% 26.96%
9. Business per employee (inCr.) 16.93 19.63 19.15
10. Profit per employee (in cr.) 0.06 0.07 0.08
 Business Targets & Achievements ( 2021-2022):-
(In crores)
Particulars 2021-2022 2022-2023
Target Achv Achv% Target Achv Achv%

Deposits 3000.00 2994.24 99.81% 3500.00 3054.37 87.27%
Loans O/S 5000.00 5742.07 114.84% 6500.00 6827.29 105.03%
Total 8000.00 8736.31 109.20% 10000.00 9881.66 98.82%
Janatha insurance scheme:-
The janatha insurance scheme is being implemented for the past few years for the benefit of the
loanee farmers under tie- up with the general insurance company. Whenever the loanee farmer is a
affected accidental death there will be insurance coverage of 1,00,000 ₹ the premium amount payable
by the borrower shall be borne by APCOB, DCCB, PACS and borrower in the ratio
13.4:26.8:26.8:33.0.
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Computerization of Branches under CBS project:-
APCOB has taken up DCCBS computerization project under CBs. All the branches are running
under CBS operations. The bank is offering services to it’s customers through 51 ATM is installed at
various locations in the district & 3 mobile ATMS.
PACS development cell:-
The bank has opened development cell ( PDC) on 25-06-2015 by appointing two resource persons.
These two persons are regularly visiting the PACS and educating the PACS functionaries regarding
development of PACS. Introduction of schemes to improve income, increasing the membership etc.
Financial assistance has been received by several PACS from NABARD through “APCOB” for
construction of rural Go downs, strong rooms etc., since establishment of the cell. Proposals were
sent on behalf of many other PACS seeking financial assistance under PACS as multi service center
project.
Disbursement of crop loans & LT loans:-
The bank mainly caters to the credit needs of the farmers in the district through the 425 affiliated
PACS. Besides extending direct finance through 57 branches of the DCCB.
The DCCB is playing a very important role in sanction of production & investment credit in the
district . Performance of the bank during the last 4 years is as under.
Disbursement during
Type of loan 2019-2020 2020-2021 2021-2022 2022-2023
Crop Loans- kharif 483.86 503.07 506.04 511.29
Crop loans- Rabi 658.12 653.05 679.66 688.72
Long term loans 357.75 513.72 1222.37 1183.89
Total 1499.73 1669.83 2408.07 2383.90
Expansion and Growth:-
Krishna DCCB has been expanding its reach and services to cater to the needs of its members. In
recent years, the bank has opened new branches in various locations within the district, providing
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easy access to banking services for more people. The bank has also started offering new products and
services such as mobile banking, internet banking, and SMS alerts.
 The bank has been actively involved in promoting financial literacy among its members
through various initiatives such as organizing awareness camps and training programs. This
has helped in increasing financial inclusion in the district.
 Krishna DCCB has also been actively involved in supporting the agriculture sector by
providing timely credit facilities to farmers. The bank offers various loan schemes for
agriculture-related activities such as crop cultivation, animal husbandry, and horticulture.
Social Responsibility
Krishna DCCB is committed to giving back to society and supporting social causes. The bank has
undertaken various initiatives for the welfare of its members and the community at large. Some of
these initiatives include sponsoring education for underprivileged children, providing medical aid to
needy individuals, and contributing towards disaster relief efforts.
The bank also encourages its employees to participate in social service activities by granting them
leave for volunteering work. This has helped create a culture of giving back among the employees of
Krishna DCCB.
Conclusion:-
Krishna District Cooperative Central Bank continues to be a leading financial institution in Andhra
Pradesh with a strong focus on member satisfaction, growth, and social responsibility. With its sound
financial base, innovative products and services, and commitment towards serving society, Krishna
DCCB is poised for continued success in the future.
Main importance of Krishna DCC bank:-
Krishna DCC Bank holds significant importance in the community for several reasons. Firstly, it
serves as a reliable financial institution that offers a wide range of banking services to individuals
and businesses. From savings accounts to loans and investments, the bank caters to the diverse
financial needs of its customers.
One of the key benefits of Krishna DCC Bank is its focus on fostering local economic growth. By
providing financial support to local businesses and entrepreneurs, the bank plays a vital role in
stimulating economic activity within the community. This, in turn, leads to job creation, increased
income levels, and overall prosperity.
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Moreover, Krishna DCC Bank prioritizes financial inclusion. It ensures that banking services are
accessible to all members of the community, regardless of their income or background. This
inclusivity empowers individuals to manage their finances effectively, encourages savings, and
promotes a culture of financial literacy.
Another crucial aspect of the bank's importance lies in its role as a catalyst for rural development.
Krishna DCC Bank understands the unique needs of rural areas and tailors its services accordingly. It
offers specialized agricultural loans, helping farmers invest in modern equipment, improve their
productivity, and enhance their livelihoods. By supporting the agricultural sector, the bank
contributes to the overall growth and stability of the rural economy.
Furthermore, Krishna DCC Bank actively participates in various social welfare initiatives. It
collaborates with local organizations and government agencies to implement programs that address
social issues such as education, healthcare, and women's empowerment. Through these efforts, the
bank demonstrates its commitment to the holistic development of the community.
In conclusion, the main importance of Krishna DCC Bank lies in its provision of essential banking
services, its contribution to local economic growth, its commitment to financial inclusion, its role in
rural development, and its active engagement in social welfare initiatives. By fulfilling these roles,
the bank positively impacts the lives of individuals and the overall well-being of the community.
Krishna DCC Bank is an important financial institution that provides banking services to the
community. It helps with savings, loans, and other financial needs.
Krishna DCC bank is super important! It plays a crucial role in supporting the local community and
boosting the economy. As a cooperative bank, it focuses on providing financial services to the
people living in the Krishna district.
One of the main reasons why Krishna DCC bank is so significant is because it promotes financial
inclusion. It ensures that even the underprivileged sections of society have access to banking
services. This helps them save money, access credit, and manage their finances better.
Moreover, Krishna DCC bank also plays a vital role in supporting agriculture and rural development.
It offers loans and credit facilities to farmers, helping them invest in their farms, buy equipment, and
improve agricultural practices. This not only boosts agricultural productivity but also enhances the
overall rural economy.
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The bank also actively participates in various social welfare initiatives. It provides scholarships to
deserving students, supports women empowerment programs, and contributes to the development of
infrastructure in the region. This shows their commitment to the welfare of the community.
Another important aspect is that Krishna DCC bank fosters a sense of ownership and participation
among its members. It operates on a cooperative model, where the members have a say in the bank's
decision-making process. This ensures that the bank's services are aligned with the needs and
aspirations of the local people.
In summary, Krishna DCC bank is important because it promotes financial inclusion, supports
agriculture and rural development, contributes to social welfare initiatives, and fosters community
participation. It's a key institution that uplifts the local economy and improves the lives of the people
in the Krishna district.
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ESTABLISHMENT SECTION
Establishment Section is responsible for processing of cases relating to: -
i) Fixation of Pay
ii) Issue of Periodical Increment Certificates.
iii) Deputation, resignation & retention/termination of lien etc. of employees.
iv) Maintenance of leave account, service records, personal files & service books.
v) Grant of Advance under L.T.C. scheme.
vi) Reimbursement of Tuition fee claims in respect of children of the Employees of the bank
vii) Annual Returns regarding movable & immovable property.
viii) Grant of Honorarium to Gazetted & Non-Gazetted staff of the Bank
ix) Grant of House Building Advance to the members of the staff.
x) Adoption of various Financial & Administrative orders issued by the Government of India
from time to time.
xi) Pension/Family Pension, Gratuity, Commutation of Pension cases etc.
xii) Set realistic goals: Set realistic goals for the society's income and expenses, and ensure that
the budget is balanced, with total expenses not exceeding total income. Get approval: Obtain
the approval of the society's members for the budget at the annual general meeting.
xiii) Preparation of Budget proposals for Loans & Advances.
xiv) Maintenance of record of Casual Leave of the personal staff attached to the Deputy General
Manager & CEO Such record is also maintained in respect of Assistant general Manager and
Officers of the rank of Under DGM and above and the personal staff attached thereto.
xv) Local Audit of accounts & maintenance of records.
xvi) Disposal of miscellaneous receipts like applications for outside jobs, permission to pursue
further studies, age & pay certificates etc.
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Work done during 2023 and analysis: This Section always disposed of all the work received by it
with a sense of urgency. The following gives a glimpse of the volume of work done by this Section
during the year 2023:-
i) applications for Reimbursement of Tuition Fees were received and disposed off.
ii) ‘6’ pension cases were settled during the year which comprises ‘3’ on attaining the age of
superannuation, ‘1’ on taking voluntary retirement and ‘2’ in case of death in harness.
iii) During the financial year 2022-2023 total 15 loans amounting Rs.3,15,65,500 of HBA
was released to the members of the staff for construction of house/purchasing ready built flats
from Housing Boards Development Authorities, Housing Societies. During the current
financial year 2023-2024, total of 1o loans amounting Rs.2,18,64,000- approximately of
HBA has already been released till September, 2023. This also includes 19 new cases for
HBA which were taken up and disposed of.
iv) employees of the Bank were granted Special Pay for Unused Earned/privilege leaves by
Surrendering . Employees were granted two advance increments on account of passing the
final examination in Course of Cash and Accounts conducted by the Institute of Bank
Training and Management, New Delhi, Indian Institute of Banking and Finance, Such as
Junior Associate of the Indian Institute of the Bankers(JAIIB), Certified Associate of Indian
Institute of Bankers(CAIIB)
v) cases of L.T.C. were received and disposed off.
vi) Service of all officers and members of the staff were verified during the year and
corresponding entries made in the Service Book.
viii) Officers/members of staff are on deputation, Resignation tendered by one official was
accepted.
ix) Periodical Increment Certificates were issued in respect of all Officers and members of
the staff; and entries in that regard were made in the Service Books.
x) Leave applications in respect of Officers and members of the staff, which constitute big
proportion of the volume of work being done by this Section, were processed and Office
Orders indicating sanctioning of leave or otherwise were issued in each case. Necessary
entries were also made in the Service Books and Leave Accounts.
xi) Following their appointment or promotion in the next higher grade pay in respect of 3
Officers or members of the staff (3 Promotions including 1 Manager and 2 Assistant
Managers) was fixed and orders were issued accordingly.
xii) The EZEEHR is a one-stop platform where we can see all the HR-related applications
for the employees to access the required application in a standard location conveniently.
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This Section entered various data’s/statistics relating to the employees of this Bank in this software.
Some of the entries made are as under:-
i) Personal Details
ii) Leave Records
iii) Family Details
iv) Educational Qualification
v) Loans & Advances
vi) LTC Details etc.
LIST OF EMPLOYEES
NAME OF THE POST NUMBER OF MEMBERS

Driver 1
Messengers 25
Supervisors 201
Staff Assistants
Assistants Manager 201
Manager 71
Chief Manager 19
Assistant General Manager 8
Deputy General Manager 4
General Manager 2
C.E.O 1
TOTAL 533
ANNUAL INCREMENTS
 Staff Assistant
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 Manager
 Chief Manager
 Assistant General Manager
 Deputy General Manager
 General Manager
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 CEO
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Assistant Manager
Similarly, pay fixation/revision in pension, gratuity etc. in respect of those who retired on or
after 1.9.2023 and who were in the scale as referred above was also done.
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 Training Programme(s) attended by the Officers and Staff of this Section during the
year 2023:-
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SERVICE BOOK
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26
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In the pages shown in the above picture the concerned employee appointment and joining and
retirement dates are mentioned, and also annual increments, promotion increments and increments
given on passing IIBF exams
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Privilege leaves
In the above two pictures earned leaves/privilege leaves are written

According to the rules of the bank an employee can get
15 casual leaves 5 extra for female and holidays are not included and these should not be taken in
continuation to holidays i.e.., if you have taken two days of leave in Friday and Saturday you should
not take leave on Monday
And
Medical leaves are 30 days
Maternity leave are 180 days
Privilege leaves are calculated by using the formulae
Number of working days
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Annual Inspection during year 2023:-
Annual inspection was conducted on August , 2023 by NABARD
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Withdrawal forms:-
A withdrawal slip is A bank documents where the date, account number and amount of money to
be withdrawal forms a Bank are written because it is used to make a withdrawal forms a personal
bank account, it is termed a withdrawal slip it contains crucial information that enables bank to
maintain a precise record of the withdrawal and the required amount.
Filling of withdrawal form: -
To make a bank transaction you will need to fill out a withdrawal from to which the withdrawal
slip is attached. The withdrawal from, as well as the deposit from, can be found at the bank's teller.
The process of filling out the withdrawal from is as follows:-
1.Fill in the date and account number for the funds you want to withdraw.
2.Fill in the details for the branch.
3.Mention the Payee's information
4.Add the amount you want to withdraw in both numerical and verbal from.
5.sigh the withdrawal paper and provide the account holder’s name
A Person’s whole name, including a middle initial, is written on a withdrawal slip. It is critical to
write a complete, address, including the Pin-code if the slip requests one. The amount to be
withdrawn is Placed underneath the name in words. Any variation is expressed as a fraction. A
fraction with a zero has been included When coin change is not required. A Person signs the bank
slip after filling it out in the Presence of a bank teller. Before obtaining money forms of
identification are frequently Presented to the bank teller. The teller completes the transaction and
hands over the cash along with a receipt. It is also possible to use an ATM to withdraw money.
A withdrawal can be carried out over a period of time in fixed or variable amounts or in one lump
sum and as a cash withdrawal or in-kind withdrawal. A cash withdrawal requires converting the
holdings of an account, plan, pension, or trust into cash, usually through a sale, while an in-kind
withdrawal simply involves taking possession of assets without converting them to cash.
CHALLAN:-
A challan meaning or bank challan meaning in English is defined as on official document, from, or
piece of paper used to credit money from one account to another. It is almost similar to the deposit
slip available in the bank with which you can deposit money in to someone s account in cash like
payroll deposit. How ever in the deposit slip you need to enter the receipt, they are already pre filled.
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The challan is generated by the merchant who already has the data of the recipient and the amount to
be paid, you can also make use as an e challan can be used as on electronic format of challan. An e
challan is a specific format used to deposit or make a statutory employer contribution or payment to
a bank. A challan or bank challan is defined as an official document, form, or piece of paper used to
credit money from one account to another. It is almost similar to the deposit slip available in the bank
with which you can deposit money into someone’s account in cash. E-Challan is the same document
issued electronically by the Traffic Police for traffic violators. This method is convenient as well as
transparent. It is effective and one can pay their fines online or offline. A Challan, in simple terms, is
a report. But not just any report – it’s a critical document that plays a key role in legal proceedings in
India. When the police are involved in an investigation, they generate various reports at different
stages. These reports help keep everyone involved in the case informed about what’s happening.
Among these reports, one holds a special place – the Challan.
KEY TAKEAWAY
 Because savings account pay interest while keeping your funds easily accessible they're a
good option for emergency or short-term cash.
 The exchange for the ease and liquidity that savings accounts offer. you’ll earn a lower rate
than that paid by more restrictive savings instruments and investments.
 The amount you can withdraw from a Saving account is generally unlimited.
 The interest you earn on a Savings account is considered taxable income.
VERIFICATION OF VOUCHERS
Verification of vouchers:
Verification of voucher report provided the voching facility to the auditor by Displaying all
the transaction. Auditor has the flexibility to audit all the transaction of apply the required
sampling Methods and audit only the sampled transaction to from his opinion.
View verification of voucher report.
Button options in the verification of voucher reports.
Configuration options.
From the report the auditor can press enter on any of the voucher type and press enter to view
the voucher monthly register from voucher monthly summary the voucher register can be
viewed and the voucher can be audited.
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The verification of voucher report display all voucher type having transcription in the audit
year along with the details of vouchers and sampling methods.
Particulars:-Display the name voucher type.
Sampling methods:-Display the name of the sampling methods which is applied at the
voucher level.
Total vouchers:-Display the total number of voucher passed under each voucher type
 Audit or vouchers:-Display the total number of voucher which are already auditor for each
voucher Report
 Simple vouchers:-Display the sampled voucher count. Button options in the verification of
voucher report.
 f2 : period : click on f2 : period of press f2 to change the selected period.
 f4 : change voucher : click on f4 : change voucher of press f4 to selected the required
voucher type.
Verification of voucher report displays all primary groups with the details of voucher’s count
and sampling methods.
 particulars:- Display the name of the primary group.

 sampling methods:-Display the name of the sampling methods which is applied to the
group level.
 Total group voucher:-Display the total number of voucher passed under each primary
group.
 Audit group vouchers:-Display the total number of voucher which are already auditor
for each group.
 sampled voucher:-Display the sampled voucher count.
Vouching is a technical term that refers to the inspection of documentary evidence
supporting and substantiating a financial transaction, by an auditor. It is the essence of
auditing
Vouching is the practice followed in an audit, with the objective of establishing the
authenticity of the transactions recorded in the primary books of account. It
essentially consists of verifying a transaction recorded in the books of account with
the relevant documentary evidence and the authority on the basis of which the entry
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has been made; also confirming that the amount mentioned in the voucher has been
posted to an appropriate account which would disclose the nature of the transaction on
its inclusion in the final statements of account. Vouching does not include valuation.
Vouching can be described as the essence or backbone of auditing. The success of an

audit depends on the thoroughness with which vouching is done. After entering in all
vouchers, only then can auditing start. Vouching is defined as the “verification of
entries in the books of account by examination of documentary evidence or vouchers,
such as invoices, debit and credit notes, statements, receipts, etc.
The object of vouching is to establish that the transactions recorded in the books of accounts
are (1) in order and have been properly authorized and (2) are correctly recorded. “Simple
routine checking cannot establish the same accuracy that vouching can. In routine checking,
entries recorded in the books only show what information the bookkeeper chooses to
disclose, however these entries can be fictitious without any vouching or vouchers. By using
a vouching or a voucher system a company will have concrete and solid documentation and
evidence of expenses, capital, and written proof in audits.
Vouching is the essence or backbone of auditing because when performing an audit, an

auditor must have proof of all transactions. Without the proof provided by vouching, the
claims provided by the auditor are just that, only claims. In most cases, hard to detect frauds
can only be discovered through the use of vouching. This means that the auditor must
conduct vouching with great importance, if not, he can be charged with negligence which
happened in the case of Armitage v. Brewer and Knott. Through this case, the importance of
Vouching was realized. In this case, the auditors were found to be guilty on negligence,
because the auditors did not display enough reasonable care and skill in vouching the wage
sheets and ended up failing to detect fraud in manipulation of these wage records and cash
vouchers. When delivering the decision the Judge stated that "It was clear that a good many
documents were suspicious on either face and called for Inquiry”. It was declared that it was
essential that due care and attention are to be given to vouching in auditing.
37
RTGS- NEFT facility
Krishna DCC Bank provides RTGS/NEFT services from all their Branches and HO for online
transfer of funds to any Branch of any Bank in India, which are connected to RBI-RTGS / NEFT
Services.
WORKING BANK_NA BRANCH_NA CITY_NAM DISTRI STAT MOBILE

HOURS. Mon ME ME E CT E NO.
day To
Saturday : 10.
00 AM to 3.30
PMIFSC_COD
E
APBL Andhra Krishna District Machilipatna Krishna Andhr 98660577
0006001 Pradesh Cooperative Cen m a 11
State Co- tral Bank Prade
operative Ltd., Head sh
Bank Ltd. Office
APBL Andhra Krishna District Machilipatna Krishna Andhr 99486883
State Co- tral Bank Ltd., Prade
operative Machilipatnam sh
Bank Ltd.
APBL Andhra Krishna District Vijayawada Krishna Andhr 99496883
0006003 Pradesh Cooperative Cen a 40
operative Vijayawada sh
Bank Ltd. (RO)
APBL Andhra Krishna District Jaggaiahpeta Krishna Andhr 99496883
operative Jaggaiahpet sh
Bank Ltd.
38
APBL Andhra Krishna District Nuziveedu Krishna Andhr 99496883
operative Nuziveedu sh
Bank Ltd.
APBL Andhra Krishna District Gudivada Krishna Andhr 99496883
operative Gudivada Main sh
Bank Ltd.
APBL Andhra Krishna District Vuyyuru Krishna Andhr 99496883
operative Vuyyuru sh
Bank Ltd.
APBL Andhra Krishna District Tiruvuru Krishna Andhr 99496883
operative Tiruvuru sh
Bank Ltd.
APBL Andhra Krishna District Avanigadda Krishna Andhr 99496883
operative Avanigadda sh
Bank Ltd.
APBL Andhra Krishna District Nandigama Krishna Andhr 99496883
operative Nandigama sh
Bank Ltd. Main
APBL Andhra Krishna District Gannavaram Krishna Andhr 99496883
39
operative Gannavaram sh
Bank Ltd.
APBL Andhra Krishna District Kaikaluru Krishna Andhr 99496883
operative Kaikaluru sh
Bank Ltd.
APBL Andhra Krishna District Gudlavalleru Krishna Andhr 99496883
operative Gudlavalleru sh
Bank Ltd.
APBL Andhra Krishna District Challapalli Krishna Andhr 99496883
operative Challapalli sh
Bank Ltd.
APBL Andhra Krishna District Mudinepalli Krishna Andhr 99496883
operative Mudinepalli sh
Bank Ltd.
APBL Andhra Krishna District Pamarru Krishna Andhr 99496883
operative Pamarru sh
Bank Ltd.
APBL Andhra Krishna District Hanuman Krishna Andhr 99496883
0006017 Pradesh Cooperative Cen Junction a 50
operative Hanuman sh
Bank Ltd. Junction
APBL Andhra Krishna District Bantumilli Krishna Andhr 99496883
40
operative Bantumilli sh
Bank Ltd.
APBL Andhra Krishna District Mylavaram Krishna Andhr 99496883
operative Mylavaram sh
Bank Ltd.
APBL Andhra Krishna District Kankipadu Krishna Andhr 99496883
operative Kankipadu sh
Bank Ltd.
APBL Andhra Krishna District Kanchikacher Krishna Andhr 99496883
0006021 Pradesh Cooperative Cen la a 91
operative Kanchikacherla sh
Bank Ltd.
operative Patamata sh
Bank Ltd.
APBL Andhra Krishna District Movva Krishna Andhr 99496883
operative Movva sh
Bank Ltd.
APBL Andhra Krishna District Pedana Krishna Andhr 99496883
operative Pedana sh
41
Bank Ltd.
APBL Andhra Krishna District Kalidindi Krishna Andhr 99496883
operative Kalidindi sh
Bank Ltd.
APBL Andhra Krishna District Vissannapeta Krishna Andhr 99496883
operative Vissannapeta sh
Bank Ltd.
APBL Andhra Krishna District Veerankilock Krishna Andhr 99496883
operative Veerankilock sh
Bank Ltd.
APBL Andhra Krishna District Vuyyuru Krishna Andhr 99496883
operative Thotlavalluru sh
Bank Ltd.
APBL Andhra Krishna District Penuganchipr Krishna Andhr 99496883
0006029 Pradesh Cooperative Cen olu a 87
operative Penuganchiprolu sh
Bank Ltd.
APBL Andhra Krishna District Ibrahimpatna Krishna Andhr 99496883
operative Ibrahimpatnam sh
Bank Ltd.
APBL Andhra Krishna District Gampalagude Krishna Andhr 99496883
42
operative Gampalagudem sh
Bank Ltd.
operative Suryaraopet sh
Bank Ltd.
APBL Andhra Krishna District Nagayalanka Krishna Andhr 99496883
operative Nagayalanka sh
Bank Ltd.
APBL Andhra Krishna District Musunuru Krishna Andhr 99491154
operative Musunuru sh
Bank Ltd.
APBL Andhra Krishna District Telaprolu Krishna Andhr 99496883
operative Telaprolu sh
Bank Ltd.
APBL Andhra Krishna District Agiripalli Krishna Andhr 99496883
operative Agiripalli sh
Bank Ltd.
APBL Andhra Krishna District Kanchikacher Krishna Andhr 99496883
0006037 Pradesh Cooperative Cen la a 92
operative Peddapuram sh
Bank Ltd.
43
APBL Andhra Krishna District Chandarlapad Krishna Andhr 99496883
0006038 Pradesh Cooperative Cen u a 90
operative Chandarlapadu sh
Bank Ltd.
APBL Andhra Krishna District G.Konduru Krishna Andhr 99496883
operative G.Konduru sh
Bank Ltd.
operative Rudrapaka sh
Bank Ltd.
APBL Andhra Krishna District Guduru Krishna Andhr 99496883
operative Guduru sh
Bank Ltd.
APBL Andhra Krishna District Vatsavai Krishna Andhr 99496883
operative Vatsavai sh
Bank Ltd.
APBL Andhra Krishna District Tiruvuru Krishna Andhr 99494055
operative Kambhampadu sh
Bank Ltd.
APBL Andhra Krishna District Katuru Krishna Andhr 99496883
44
operative Katuru sh
Bank Ltd.
operative Satyanarayanapu sh
Bank Ltd. ram
APBL Andhra Krishna District Ghantasala Krishna Andhr 99495563
operative Ghantasala sh
Bank Ltd.
APBL Andhra Krishna District Chatrai Krishna Andhr 98660575
operative Chatrai sh
Bank Ltd.
APBL Andhra Krishna District Chinnapuram Krishna Andhr 99495563
operative Chinnapuram sh
Bank Ltd.
operative Gudivada Bazaar sh
Bank Ltd.
APBL Andhra Krishna District Koduru Krishna Andhr 99496883
operative Koduru sh
Bank Ltd.
APBL Andhra Krishna District Nandigama Krishna Andhr 99495563
45
operative Nandigama sh
Bank Ltd. Bazar
operative Payakapuram sh
Bank Ltd.
APBL Andhra Krishna District Javvarpeta Krishna Andhr 99897990
operative Javvarapeta sh
Bank Ltd.
operative Bhavanipuram sh
Bank Ltd.
0006055 Pradesh Cooperative Cen Rural a 44
operative Ramavarappadu sh
Bank Ltd.
APBL Andhra Krishna District Mopidevi Krishna Andhr 88866411
operative Mopidevi sh
Bank Ltd.
APBL Andhra Krishna District Mandavalli Krishna Andhr 91001824
operative Mandavalli sh
46
Bank Ltd.
operative Kothuru sh
Bank Ltd. Tadepalli
operative UNGUTURU sh
Bank Ltd.
SAVING DEPOSITS:-
1. INDIVIDUALS
2. INSTITUTIONS
3. SOCIETIES
ELIGIBILITY:
 Any person or persons and associations of individuals like Co-op. Societies,
Institutions and Associations approved by the bank
 Account may be opened individually by one person or by two or more persons
in their joint names.
 Natural guardian i.e. father or mother can open account on behalf of a minor
child/ward.
INITIAL DEPOSIT FOR OPENING SB A/C
 With cheque book – Rs.1000/-
 Without cheque book – Rs.300/-
*This is also the minimum balance requirement for respective accounts.
INTEREST:
Interest will be paid @ 4.50% p.a. (half yearly) as per rules. Interest for the period
September to February and March to August will be calculated and credited in the
months of March and September each year.
PASS BOOK:
Pass book will be supplied to every savings bank depositor showing the number of his
account, name and address and transactions with date, amount and particulars.
47
INCIDENTAL CHARGES:
 If a minimum balance of Rs.1000/- (with cheque book facility) is not kept, the
bank will charge incidental charges at the rates as in force from time to time.
 Also refer to our Service Charges elsewhere on this site for other incidental
charges.
MINIMUM REQUIREMENT FOR OPENING A/C :
 Introduction by a person known and acceptable to the bank.
 2 copies of latest photograph.
 Proof of identity and residence to the satisfaction of the Bank (passport, Driving
Licence, Ration Card, Voters Card, Electricity Bill, etc.)
 Copy of PAN Card with original for verification.
AADHAAR LINKAGE FACILITY:
Aadhaar Linkage facility is also available for the Individual SB Account Holders.
Under this linkage the customers can avail the benefits like LPG Gas Subsidies, etc.
under Direct Benefit Transfer Scheme.
GENERAL:
The Bank reserves the right to alter, amend, rescind the rules from time to time.
Current deposits
ELIGIBILITY:
Any person or persons approved by the bank in the following manners:
In his/her name
In the name of two or more persons
Co-op. Societies, Institutions and Associations
Private/Public Ltd. Company
Proprietor/Partner
48
INITIAL DEPOSIT :
Initial cash deposit of Rs.3000/- which balance should always be maintained in the
Current Account. Interest : No interest will be paid on the balance in Current Account.
Statement of Account: Bank will issue statement of account to the accountholder once
in a month on requisition.
Incidental Charges: Incidental charges as per Service Charge Manual in force will be
levied for non-maintenance of minimum balance prescribed, return of Inward/Outward
cheques, stop payment instructions, issue of cheque books etc. Refer to our Service
Charges elsewhere on this site.
MINIMUM REQUIREMENT:
Introduction by a person known and acceptable to the bank.
2 copies of latest photographs
Proof of identity and residence and business proof
Copy of PAN card with original for verification
GENERAL:
Recurring deposits
The advantage in opening a Recurring Deposit Account that the depositer would be
able to save certain sums in fixed monthly installments so that he/she would be able to
meet an anticipated liability/obligation after the end of a specified period
ELIGIBILITY:
 Any person or persons approved by the Bank
 Co-operative Societies, Registered Trust, Institutions and Associations.
 By two or more persons in their joint names.
 By a natural guardian i.e., father or mother approved by the bank on behalf of a
minor.
MINIMUM DEPOSIT:
Rs.100/-
INTEREST:
49
• Interest will be paid on the deposits at the rates in force as per the Reserve Bank’s directive from time
to time.
• Interest amount will be paid at the time of maturity
PERI 5% 5.5 5.75 6% 6.5 7% 7.5 8% 8.5 8.75 9% 9.5 10
OD % % % % % % % %
12 123 123 1238 124 124 124 125 125 125 1258 126 126 126
month 3 6 0 3 6 0 3 6 0 3 6
s
24 252 254 2548 255 256 258 259 260 262 2630 263 265 266
month 9 2 5 9 2 6 9 3 7 0 4
s
36 389 392 3936 395 398 401 404 407 410 4125 414 417 420
month 0 1 1 2 4 5 7 9 2 4 7
s
48 532 537 5405 543 549 554 560 566 572 5756 578 584 591
month 1 7 3 1 8 7 6 6 7 8 1
s
60 682 691 6961 700 709 719 728 738 748 7535 758 768 779
month 5 5 6 9 3 9 6 5 5 7 1
s
72 840 854 8607 867 881 895 910 924 939 9474 955 970 986
month 6 0 6 5 6 1 8 8 1 7 6
s
84 100 102 1035 104 106 108 110 112 114 1158 117 119 121
month 67 55 1 48 45 46 52 63 79 9 00 26 5
s
PASS BOOK:
The Bank will issue a Pass Book showing the name, address, installment amount, the period for
which the deposit is accepted, maturity date and maturity amount.
LOAN AGAINST DEPOSIT:

90% Loan against deposit amount is available.
50
GENERAL:
TAX DEDUCTION AT SOURCE (TDS):

TDS on Recurring Deposit Accounts.
P& L ACCOUNT:-
SL. NO. PARTICULARS RATE OF INTEREST
1 Saving Deposits 4.50%
2 Current Accounts(Individuals) –
FIXED DEPOSITS
1 15 days to 90 days 5.50%
2 91 days to 180 days 5.75%
3 181 days to 364 days 6.25%
4 1 year to below 3 years 7.00%
5 3 years and Above 7.25%
Additional Interest of 0.75% to Senior Citizens and Primary Agricultural Cooperative Societies
Gold Loans
PURPOSE AGRICULTURAL GOLD LOAN
Amount per gram Rs. 3600/- per Gram Or 75% in Market Value which ever is less.
Maximum Amount Rs. 20,00,000/- & Penal Int., 2%
Repayment
Rate of interest 9.00%
Sureties NIL
Service Charges NIL
Other Charges Nominal Membership (Refundable) Gold Appraisal Charges
Designated Branches : All Branches
PURPOSE NON-AGRICULTURAL GOLD LOAN
Amount per gram Rs. 3600/- per Gram Or 75% in Market Value which ever is less.
Maximum Amount Rs. 40,00,000/- & Penal Int., 2%
Repayment 12 months
Rate of interest below 2lakhs : 7% and above 2lakhs 10.00%
51
Sureties NIL
Service Charges NIL
Other Charges Nominal Membership (Refundable) Gold Appraisal Charges
Designated Branches : All Branches
PURPOSE NON-AGRICULTURAL LOANS UPTO2 LAKH
RUPEES.
Amount per gram Rs. 3600/- per Gram Or 75% in Market Value which ever
is less.
Maximum Amount Rs. 2,00,000/- per an individual(cumulative)& Penal Int.,
2%
Repayment 12 months
Rate of interest 7.00%
Sureties NIL
Service Charges NIL
Other Charges Nominal Membership (Refundable) Gold Appraisal
Charges
Designated All
Branches : Branches
Crop loans:-
The Bank is providing Seasonal Agricultural Operations (SAO) loans to the farmers through the
PACS under the following programmes subject to individual maximum borrowing power as under:
• S.A.O. (Normal crop loans)

• Oil Seeds Production Programme (OPP)
• Development of Tribal Population (DTP)
The Bank is advancing various crop loans viz., paddy, maize, ground nut, chilies, cotton, turmeric
etc., to Kisan Credit Card holders/Members of PACS upto Rs.50,000/- charging interest @ 7.00%
p.a., upto due date and thereafter 11.75 % as per the applicable scale of finance fixed by the
District .Level Technical Group Committee from time to time.
SCALE OF FINANCE:
52
The TECHNICAL GROUP COMMITTEE in its meeting held on 22.10.2013 has gone through
various aspects viz., cost of cultivation, inputs, fertilizers and Agro-climatic conditions prevailing in
the districts and recommended the following crop-wise scales of finance for Kharif and Rabi 2014-
15.
The Krishna District Cooperative Central Bank Ltd., Machilipatnam

Scales of Finance approved by DLTC Krishna for 2019-2020 and recommended to SLTC
S.NO NAME OF THE CROP SCALCE OF SEASONALITY REPAYMENT

FINANCE FOR DURATION
DISBURSEMENT (FROM DATE
OF DISB.)
KHARIFF RABI
1 Paddy 36000 37000 Through out the 12 months
year
2 Paddy [Srivarsagu] 30000 30000 Through out the 12 months
year
3 Sugarcane 70000 55000 Through out the 12 months
[Plant/Ratoon] year
4 Groundnut 21000 22000 Through out the 12 months
year
53
5 Cotton Seed BT 99000 Through out the 12 months
year
6 Cotton BT 45000 Through out the 12 months
year
7 Chillies [Dry/Irrigated] 66000 75000 Through out the 12 months
year
8 Sunflower 16000 Through out the 12 months
year
9 Tobacco [Natu] 31000 Through out the 12 months
year
10 Tobacco[Varginia] 39000 Through out the 12 months
year
11 Pulses 14000 16000 Through out the 12 months
year
12 Jower, other Millets 15000 16000 Through out the 12 months
year
13 Gingelly & other oil 7500 8500 Through out the 12 months
seeds year
14 Maize 32000 36000 Through out the 12 months
year
15 Maize seed 34000 41000 Through out the 12 months
year
16 Fish Feed 300000 Through out the 12 months
year
17 Pangasius Fish 430000 Through out the 12 months
year
18 Prawn 1st crop 100000 Through out the 12 months
year
19 Prawn 2nd crop 80000 Through out the 12 months
year
20 Vanami Prawn 700000 Through out the 12 months
[250000@125000/crop year
54
for 2crops]
21 Mulberry & Silkworm 100000 Through out the 12 months
Rearing@ 5crops/yr year
22 Oil Palm 60000 Through out the 12 months
year
23 Mango 30000 Through out the 12 months
year
24 Guava 45000 Through out the 12 months
year
25 Sapota 20000 Through out the 12 months
year
26 Banana[Kurpura] 50000 Through out the 12 months
year
27 Banana[Tissue Culture] 75000 Through out the 12 months
year
28 Citrus 24000 Through out the 12 months
year
29 Coconut 30000 Through out the 12 months
year
30 Cashew Nut 13000 Through out the 12 months
year
31 Turmeric 100000 Through out the 12 months
year
32 Betelvine 60000 Through out the 12 months
year
33 Onion 20000 Through out the 12 months
year
34 Coriander 15000 Through out the 12 months
year
35 Tomato Hybrid 42000 Through out the 12 months
year
36 Tomato Local 20000 Through out the 12 months
55
year
37 Cabbage 38000 Through out the 12 months
year
38 Cauliflower 36000 Through out the 12 months
year
39 Elephant Foot Yam 110000 Through out the 12 months
year
40 Pappaya 68000 Through out the 12 months
year
41 Ladies Finger 20000 Through out the 12 months
year
42 Jasmine 60000 Through out the 12 months
year
RYTHU NESTHAM
Bank is providing loans to individuals with their gold as security. These loans can be issued instantly
after verification. You can know more about this.
LOAN INTEREST
SL. PARTICULARS DCCB TO PACSS TO ULTIMATE
NO. PACSS BORROWER
1 S.A.O. 5.75% 7.00%
2 Employees Socs. 11.00% 13.00%
3 M.T. Loans 10.50% 13.50%
4 Weavers C.S. 7.00% –
5 S.H.G. (a)5.00% (a)7.00%
(a) Upto 3.00 Lakhs (b)9.80% (b)11.00%
56
(b) Above 3.00 Lakhs
6 CC Trade Purpose 12.00% –

7 Palavelluva 10.00% 12.00%
8 LT Loans – NABARD Scheme 9.95% 11.45%
9 Godown/ Office Building Repairs 12.00% –
10 Rythu Mithra Groups 9.50% 11.00%
11 Fish Feed Loans 10.50% 12.00%
12 Rythu Nestham 10.05% 11.30%
13 Karshaka Mithra 11.00% 12.00%
14 Personal Loans to PACS Employees 10.00% –
15 Car Loans through PACS 10.00% 11.00%
16 CC to Agri Allied Activities 8.50% 10.00%
17 Educational Loans – 9.50%
18 House Mortagage Loans – 12.00%
19 House Construction Loans – 9.50%
20 House Repair Loans – 12.00%
21 Vehicle Loans – 11.00%
22 Personal Loans to Individuals – 12.00%
INVESTMENT CREDIT /TERM:

This is a long-term refinance facility. It is intended to create income generating assets.
Loans under this portfolio range upto a duration of 15 years and are scheduled for
repayment on equated annual installments with suitable grace periods as per the
scheme requirements.
MINOR IRRIGATION
SL.NO PURPOSE UNIT PERIOD OF RATE OF
COST REPAYMENT INTEREST
1 Dugwellsh 60000 1+7 Years 7.60%
2 Borewells 30000 6 Years 7.60%
3 Electric 20000 6 Years 7.60%
57
motors/Pumpsets
4 Pipe lines 25000 6 Years 7.60%
5 SPS 40000 6 Years 7.60%
DIVERSIFIED LOANS
SL.N PURPOSE UNIT PERIOD OF REPAYMENT RATE OF INTEREST
O COST
1 Sheep 50000 5 Years 7.60%
2 Goat 50000 5 Years 7.60%
3 Dairy 100000 5 Years 7.60%
FARM MECHANISATION
SL.NO PURPOSE UNIT PERIOD OF RATE OF
COST REPAYMENT INTEREST
1 Tractors 600000 7 Years 7.60%
2 Power tillers 100000 5 Years 7.60%
3 Combined 1000000 5 Years 7.60%
Harvesters
ORCHADS
SL.NO PURPOSE UNIT COSTPER PERIOD OF RATE OF
ACRE REPAYMENT INTEREST
1 Mango 25000 6+6 Years 7.60%
2 Citrus 25000 6+4 Years 7.60%
Loan Production:
Form sector:
Purpose of Particulars Outstanding as

Loan on 31.03.2023
a. Crop Loans Loans would be sanction to the Formers for raising various Crops 1236.99
58
based on the score of finance upto maximum limit of Rs.10.00
Lakhs.
Rate of Interest upto Rs.3.00 lakhs -7.00% Above Rs.3.00 Lakhs-

12.00%
b. Term loans Term loans would be sanctioned to the formers for purchase of 1763.17
BTC,Tractor, combined Harvesters,Dairy, sheep & Goat rearing ,
minor irrigation , as per the unit costs prescribed by NABARD. At
present rate of interest charged is 11.45%
c. RMG, JMG Loans are being sanctioned to tenant formers on CCRCs and group 21.67
& tenent lending mode.
formers
Non - Form sector:
Perpose of Particulars Outstanding as

Loan on 31.03.2023
a. House House loans would be sanctioned up to a maximum limit of 24.62

constuction Rs.75.00 Lakhs for construction &purchase of house.Rate of Intrest
loans -10.50% and maximum repayment period 25 years.
b. House Maximum limit Rs.4.00 lakhs Rate of intrest 12.00%loan would be 43.15
mortagage sanctioned by mortagage the House property & apartment
loan (Vijayawada only ).Age of house property shall not exceed 25
years and for apartments, the age would not be more than 10 years.
c. Education Maximum limit Rs.40.00 Lakhs Rate of intrest 10.50% 23.15

loans
d. Secured Maximum limit -Rs.30.00 lakhs 78.68
59
overdraft
Security- Agricultural land house property, house sites etc.
Rate of interest - 12.00%
d. Secured Maximum limit - Rs.30.00 lakhs Agriculture land, house property,

overdraft house sites etc.
Raye of intrest - 12.00%
e. Vehicle loans Upto Maximum limit - Rs.30.00, 3.67
Security -25% of loan
Amount& the vehicle Repayment period - 5 years
Other loan products:
Purpose of Particulars Outstanding as

loans on 31.03.2023
a. SHG Loans Loans would be sanctioned to SHG upto a maximum limit of

Rs. 10.00 lakhs basing on their seniority.
Rate of Interest - 11.00%

406.72
Repayment period - 3 years.
b. Fish feed loans Working capital loans would be sanctioned to formers for
pisciculture basing on the sale of Finance.
Maximum Limit - Rs. 40.00 lakhs

232.09
Rate of Interest -Rs. 12 00%
60
c. Karshaka Loans would be sanctioned to farmers for development of
Mithra loans Agricultural lands in Cc Mode .
779.13
Maximum limit - Rs. 16.00lakhs
d. Rythunestam Loans would be sanctioned to farmers for agrl land 1402.47

loans developments as term loans mode repayable in 10 EYI
Maximum limit - Rs. 16.00lakhs
e. Weavers Loans would be sanctioned to primary weavers cooperative

society loans societies which (PWCS) enabling them to assist their member
weavers.
12.42
Maximum limit - Based on lakhs
f. Employees Loans would be sanctioned to Employees co-operative credit

societies loans societies which interim finance their member Employees.
maximum limit to emp - Rs. 6.00lakhs

29.42
g. Gold loan Loans would be sanctioned on pledge of gold ornaments on all

working days.
To general public To formers
Maximum Rs.40.00lakhs Rs. 20.00lakhs 508.47

limit
Rate of interest 11.00% 9.50%
h. Godown loans loans would be sanctioned to the PACS in the District for
to PACS building new go downs, cash counters etc.,
Maximum limit -Rs. 30.00 lakhs
61
In addition to this an amount of Rs. 2.00 lakhs will be sanctioned 26.07

without interest for go down repairs, construction of compound
walls , Toilets ect.
i. Other loans Deposit loans , palavelluva, peddy loans, cash credit traders, un 233.94
secured loans to PACS etc.
Total 6827.29
Crop loans
etc., to Kisan Credit Card holders/Members of PACS upto Rs. 50,000/- charging interest @ 7.00%
p.a., upto due date and thereafter 11.75 % as per the applicable scale of finance fixed by the Dist.
All Farmers - Individuals / Joint borrowers who are owner cultivators. Minimum age - 21 years.
Maximum age - 65 years at the end of loan tenure. If age of borrower exceeds 65 years then one co
borrower of normal age band to be roped in the deal.
Types of Loans
Here the details of the loan are given, and you can see which loan to take according to the purpose of
you –
• Business Loan
• Personal Loan
• Term Loan
• Agricultural Loan
• Non-Agricultural Loan
• Supplementary Loan
• Cash Credit loan
Brief details about the business loan
62
In this bank, there are four types of loans under the business loan, if you want to open a sugar
factory, create some process organization or small and medium enterprises or you want to open a
petrol pump, then you are eligible for a business loan.
The interest rate for a business loan:
The interest rate of this business loan is not given in the official site, the interest rate of a normal
business loan is 12.50% to 19.50%.
The documents required for a personal loan in KDCC bank
• Income proof
• Adhar card
• PAN card
Any other documents required by the bank.
The interest rate of a KDCC bank Personal loan
So we have come to know that from the above details, the maximum interest rate for a personal loan
in KDCC Bank is 13% and the minimum starts from 11%.
Brief details about the term loan
Before knowing the details of a Term loan, it is very important to know what is a term loan.
In simple language, a term loan is a business loan, if you already have a business and you are
thinking of expanding that business, then you are eligible for this loan.
AGRICULTURE LOANS:
Agricultural loans are availed by a farmer to fund seasonal agricultural operations or related
activities like animal farming, pisci-culture or purchase of land or agricultural tools. This type of
loan also helps buying inputs such as fertilizers, seeds, insecticides etc.
The process of agriculture loan
To apply for an agriculture loan, you will need to gather specific documents that vary depending on
the loan scheme and financial institution. The documents required for agriculture loans includes:
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Identity proof (Aadhaar card, PAN card, Voter ID, etc.) Address proof (Electricity bill, ration card,
passport, etc.)
The Bank is providing Seasonal Agricultural Operations (SAO) loans to the farmers through the
PACS under the following programmes subject to individual maximum borrowing power as under:
S.A.O. (Normal crop loans)
Oil Seeds Production Programme
Development of Tribal Population.
etc., to Kisan Credit Card holders/Members of PACS upto Rs.50,000/- charging interest @ 7.00%
p.a., upto due date and thereafter 11.75 % as per the applicable scale of finance fixed by the
Dist.Level Technical Group Committee from time to time.
All loans of Crop loans are treated as Direct Finance to Agriculture and treated as part of Priority
scale advances. NABARD use to refinance these loans.
Now Kisan Credit card is little different. Apart from all the factors mentioned above it is Continues
facility of working capital to farmer.
Farmers having minimum 1 acres or more than 1 acres of land are eligible to avail a loan of Rs. 3.00
Lakhs per acre or Tahashildar Registration Assurance (TRA) value whichever is less.
Long term loans meaning
Long term loans, as you mentioned earlier, refer to loans that are repaid over an extended period of
time, typically several years. They are commonly used for significant expenses like buying a home or
starting a business. Long term loans, in simple terms, are loans that are repaid over a long period of
time, typically several years. They are commonly used for significant expenses such as buying a
home, financing a car, or starting a business. The extended repayment period allows borrowers to
make smaller monthly payments, making it more manageable for them.
Long term loans purpose
Long term loans can be used for different purposes, such as buying a home, financing a car, starting a
business, or investing in real estate. They provide borrowers with the flexibility to repay the loan
over an extended period of time. Long-term loans help in meeting major financial requirements such
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as marriage, building a house or setting up a business. It has become one of the most popular
financial instruments as banks offer various options that help you choose the correct loan that suits
your financial requirement. A snapshot of various long-term loans has been mentioned below:
Dairy farm business loan
Individuals who wish to start and operate their own farms or make improvements to their existing
farms can now make the most of dairy farm business loans. The reasons for taking out a loan like this
can be to establish small dairy units that have two to four mulch cattle, to collect, process, and
distribute milk, to establish a new medium or large dairy unit, to manufacture milk products, to
construct cattle shad, or to buy crossbreed or improved mulch cattle.
For your dairy farm business, you will most likely incur expenses related to purchase of raw
materials, dairy production processes, dairy product processing, dairy product storage, packaging,
warehousing, etc. You would also incur costs associated with taking care of animal species that help
in the production of dairy products.
Purpose of availing dairy farm loan
• To establish a new dairy farm unit or expand an already existing dairy farm unit
• Purchasing of mulch animals for small dairy units
• For the rearing of young calves and crossbreeding of mulch cows and buffalos
• To purchase milk machineries such as Bulk Milk Chilling units, automatic milk collection
and dispersal systems, milk vans
• To grow fodder for cattle and meet other capital needs for the smooth functioning of the farm
• Construction, expansion, or renovation of cattle sheds
• Cold storage services
• Dairy marketing outlets
• Purchasing of dairy dispensation
• equipment, chaff cutters, etc.
• Dairy manufactured goods transportation services
Features and benefits of availing dairy farm loan
Some of the features and benefits of availing a dairy farm loan are:
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• You can avail this type of loan for the purpose of modernisation of dairy farm infrastructure.
Milk houses, automatic milk collector, dispersal systems, etc are all part of the infrastructure
for which the loan money can help in its modernisation.
• Most of the lenders do not charge any processing fee on the dairy farm loan availed by you.
• The whole process of applying for a dairy farm loan is hassle-free. You can apply for a dairy
farming loan online and upload the necessary documents. If you meet the criteria, the amount
will be disbursed to you’re account.
• The process for applying for a dairy farm loan is very quick. The paperwork is minimal and
all you have to do is duly fill the form and submit it along with the necessary documents. The
bank will review the application form and if they are found to meet the criteria laid down by
the lender, the amount will be disbursed to your bank account immediately.
• One of the advantages of availing this loan is you get to enjoy longer repayment tenure. The
repayment tenures offered can range between 3 years and 7 years.
• The loan amount that you can avail can be 75% to 85% of the total investment of your dairy
farm.
• The rate of interest charged is very nominal
Eligibility criteria for dairy farm business loan
A dairy farm business loan is a Working Capital Term Loan that can be availed by agriculture
labourers, farmers, limited companies, SHGs, registered partnership firms, and dairy co-operative
societies. The amount of money that is granted to applicants can range up to Rs. 100,000 for the
hypothecation of live stocks. Loan amounts offered to customers can also exceed Rs. 100,000 for the
hypothecation of live stocks, or land mortgage, or declaration as per the agricultural credit act, or
collateral security of sufficient worth, or third party assurance if stipulated.
For your dairy farm business, you will most likely incur expenses related to purchase of raw
materials, dairy production processes, dairy product processing, dairy product storage, packaging,
warehousing, etc. You would also incur costs associated with taking care of animal species that help
in the production of dairy products.
 For buying milking machines, chilling machines, and milk testers:
If you make an investment of Rs.20 lakh for the above-mentioned purpose, you will receive a
subsidy ranging from Rs.5 lakh to Rs.6.67 lakh.
 For setting up small dairy units
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You will be required to make an investment of Rs.6 lakh for 10 animal units. The minimum size of
the unit is 2 animals and the maximum size of the unit is 10 animals. You will then get a subsidy
ranging from Rs.1.50 lakh to Rs.1.98 lakh. For a single animal unit, the maximum amount is
Rs.15,000 to Rs.20,000.
 For rearing cows
You will need to make an investment of Rs.20 lakh. You will then get a subsidy ranging between
Rs.1.37 lakh and Rs.1.83 lakh. The highest permissible subsidy amount is Rs.33,000 for 5 calves.
 For buying dairy processing equipment to manufacture milk products:
You will have to make an investment of Rs.13.20 lakh. You will receive a subsidy of Rs.3.30 lakh to
Rs.4.40 lakh.
For moving of dairy products and for cold chain equipment:
You will need to make an investment of Rs.26.50 lakh. You will then get a subsidy of Rs.6.25 lakh to
Rs.8.83 lakh.
 For cold storage options
You will need to invest an amount of Rs.33 lakh for availing reliable cold storage facilities. Your
subsidy will range Rs.8.25 lakhs
Long term loans agreements details
If for any purpose the amount of the loan is to be paid in instalments, if the mortgagee does not
receive the second or subsequent installments within the period ordered for that purpose, or if the
mortgagor stops the delivery of the second or subsequent installments due to any appropriate reason,
the amount so far delivered to close the loan account (Close the Loan) The mortgagor has the right to
charge the amount with interest or to re-determine the annual installments in accordance with the
amount actually paid till then or to forgive the delay and discharge the remaining amount of the debt
not against the due date shown in the table.
In the above mentioned circumstances, when the installment amount has to be re-determined
proportionately based on the amount actually delivered, the mortgagee shall be liable to pay the
installment amount by treating the revised installment amount as the first mentioned installment
amount in the table.
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If the mortgagor fails to pay any installments or any part of the installments within the stipulated
time, the movable property belonging to any or all of the mortgagor/mortgagors without involvement
of the court in accordance with Section 103 of the Andhra Pradesh Co-operative Societies Act,
including the costs of settling the amount with delinquent interest as specified in the Byelaws. , the
mortgagor has the right to take possession of the assets secured by the loan amount and sell them to
collect the due amount.
The mortgagor has not used the entire amount of the loan, or part of it for a specified purpose,
misused it, has not completed the development programs as per the expectations, has not properly
managed the instrumental assets provided with the loan amount, has not properly managed the
mortgaged property or any part of it without the permission of the borrower. Transfer, sale of
instrumental assets secured by the mortgage amount, non-payment of any installments or a part
thereof, any defect in the mortgage property rights, or any of the facts stated by the mortgagor are not
true, or the mortgage property is sold due to disputes, or the prices or values of the mortgaged lands
decrease. To that extent, even if the mortgagor does not replace the guarantee, the mortgagor has the
right to terminate the loan account without regard to the deadline for repaying the debt, even if the
mortgagee does not comply with the terms and conditions of this deed.
In Causality, any cause is either causal or causal, following the rules. If the account is closed, the
amount owed till then along with interest shall be paid immediately. In case of non-payment, the
borrower has the right to collect the outstanding amount from the date of closure of the loan account
to the date of debt collection with delinquent interest as specified in the rules of the society, including
costs.
The Mortgagor hereby specifically agrees that if the Mortgagor fails to pay such amount as the
Mortgagor may demand, the Mortgagor may sell the mortgaged immovable property in whole or in
part without involving the Court in accordance with Section 104 of the Andhra Pradesh Co-operative
Societies Act.
In the event of closing of the loan account or non-payment of any instalment, the mortgagor or the
management of the Krishna District Co-operative Central Bank shall have the right to take
possession of the mortgaged property and deposit the proceeds under the arrears, irrespective of the
term of repayment of the loan.
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The mortgagee hereby agrees not to seek any compensation from the mortgagor, if the mortgagee
cancels the loan granted by the mortgagor, fails to pay the whole or part of the loan, or delivers an
amount less than the amount granted.
The mortgagor agrees to meet the development benefits from his own resources in excess of the
amount of loan delivered and to fulfill those benefits as per the estimates.
The mortgagor confirms that the mortgagee has no full rights over the mortgaged property, and that
there are no encumbrances, charges, confiscations or transactions. The mortgagor agrees to make
good the loss, If any, to protect the mortgaged property from any damage or encumbrance when the
mortgage is created.
By written notice to the borrower of the due date and rate of interest n. The mortgagor agrees that
the mortgagor may change the term of payment of the debt and the amount of the annual
installments, and the mortgagor agrees to pay the debt subject to such changes.
The Mortgagor agrees that this loan may be subject to such conditions as may be imposed by
Andhra Pradesh State Co-operative Bank and Krishna District Co-operative Central Bank from time
to time, prior to any amendments to the rules of the Association for the time being in force.
The staff and representatives of Andhra Pradesh State Cooperative Bank, Krishna District
Cooperative Central Bank, Andhra Pradesh Cooperative Department, have the right to enter the
mortgaged property at appropriate times and meet the conditions of the mortgage, and examine the
manner and method of utilization of the loan amount.
Delivered to the principal debtor or any member of his family or servant or affixed at the residence
of the last known address or sent to that address either by registered post or by certificate of posting
when the mortgagee is required to give notice to the mortgagee in connection with the collection of
mortgage arrears or other matters. Any such notice shall be deemed to be notice given to all
mortgagees.
Possession of the mortgaged property or part thereof by the Government, Municipal Corporation,
Panchayat, Railway Land Acquisition Act or any other law. The mortgagor hereby authorizes the
mortgagor to collect the compensation payable to the mortgagor from the mortgagor himself, and
deposit that amount under the arrears of this deed taluk.
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Immediately after purchase of machinery/equipment with the loan amount, the mortgagee agrees to
write a separate acceptance letter in the form specified by the mortgagor stating the company name,
engine number, horse power etc. of the machinery/equipment, on his behalf and on behalf of the
other mortgagees. .
The Mortgagor hereby authorizes the Borrower to pay the necessary amount directly to the supplier
of Cattle/Poultry/Fish/Machinery/land development agency in case of sanction for purchase of
cattle/chicken/fish/machinery/land development. The amount so paid shall be deemed to have been
delivered by the mortgagor. The Mortgagor agrees that the Mortgagor shall be solely responsible for
the successful management, quality, delivery and delivery of the said benefits and that the Mortgagor
shall have no liability for these matters.
The mortgagor agrees to assign full rights to the mortgagor on that insurance policy to insure the
instrument assets raised with the loan amount as directed by the mortgagor up to the full payment of
the mortgage arrears. If the mortgagor fails to do so the mortgagor has the right to pay the insurance
premiums for the instrumentalities and to recover the premiums so paid as part of the mortgage due
from the mortgagor.
If the Government or any other agency on behalf of the mortgagor has given any subsidy/martin
amount to the mortgagor then the mortgagor has the right to deliver the said subsidy/martin amount
along with the loan amount or to deposit it under the mortgage arrears to fulfill the development
benefits as the case may be.
KRISHNA DCC LTD BANK BRANCHES
SL.NO. BRANCH Names IFSC CODE
1 Ho Machilipatnam APBL 0006001
2 Machilipatnam. APBL 0006002.
3 Vijayawada / RO APBL 0006003
4 Jaggaiahpeta APBL 0006004
5 Nuziveedu APBL 0006005
6 Gudivada Main APBL 0006006.
7 Vuyyuru APBL 0006007
8 Tiruvuru APBL 0006008

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9 Avanigadda APBL 0006009.
10 Nandigama Main . APBL 0006010
11 Gannavaram APBL 0006011.
12 Kaikaluru APBL 0006012
13 Gudlavalleru APBL 0006013.
14 Challapalli APBL0006014
15 Mudinepalli APBL0006015.
16 Pamarru APBL0006016.
17 Hanumanjunction APBL 0006017
18 Bantumilli APBL 0006018
19 Mylavaram APBL 0006019.
20 Kankipadu APBL 0006020
21 Kanchikacherla APBL 0006021
22 Patamata APBL 0006022.
23 Movva APBL 0006023
24 Pedana APBL 0006024
25 Kalidindi APBL 0006025
26 Vissannapeta APBL 0006026
27 Veerankilock APBL 0006027
28 Thotlavalluru. APBL0006028
29 Penuganchiprolu APBL0006029
30 Ibrahimpatnam. APBL0006030
31 Gampalagudem APBL 0006031
32 Suryaraopeta APBL 0006032
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33 Nagayalanka. APBL 0006033
34 Musunuru APBL 0006034
35 Telaprolu APBL 0006035
36 Agiripalli APBL 0006036
37 Peddapuram. APBL 0006037
38 Chandarlapadu APBL 0006038
39 G Konduru APBL 0006039
40 Rudrapaka. APBL 0006040
41 Guduru APBL 0006041
42 Vatsavai APBL 0006042
43 Kambhampadu APBL 0006043
44 Katuru APBL 0006044
45 SN Puram APBL 0006045
46 Ghantasala APBL 0006046
47 Chatrai APBL 0006047
48 Chinnapuram APBL 0006048
49 Gudivada Bazaar APBL 0006049
50 Koduru APBL 0006050
51 Nandigama Bazar. APBL 0006051
52 Payakapuram APBL 0006052
53 Javvarpeta APBL0006053
54 Bhavanipuram APBL0006054
55 Ramavarappadu APBL0006055
56 Mopidevi APBL0006056
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57 Mandavalli APBL0006057
58 Kothuru Tadepalli APBL0006058
59 Unguturu APBL0006059
Requirements
If you are in urgent need of funds to finance a purchase, you can easily apply for a loan either online
or with a bank or credit union. You can apply for a loan if you are stuck in a situation where you need
financial aid, such as for your family needs, work on your home, or your existing business.
The requirements for applying for a loan are:
The borrower should be 18 years or above
Income certificate
Valid email address and phone number
Should not be bankrupt
Although these are some of the requirements that you may need to fulfill before applying for a loan,
you don't need to have collateral while applying for a loan. This is the most attractive point about
short-term loans.
Documents Required for Loan
 Three passport size photographs

 ID proof – Passport/Voter ID/Aadhar or Drivers Licence
 Residence Proof – Passport/ Landline Bill/ Post-paid Mobile Bill/ Rental agreement or Bank
Statement
 Pan Card copy
 Age Proof – Passport/ Drivers Licence/ School Certificate or Pan Card copy
 Income Proof - Latest 3 months salary slips
 Banking Statement - 6 months bank statements
 Job Stability & Continuity – Offer Letter, Relieving Letter and Form 16
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KDCC Bank offers ship loans as a financing option for individuals or businesses looking to purchase
or refinance ships. Ship loans can be a great way to fulfill your maritime dreams or expand your
shipping business. Here's some information about ship loans at KDCC Bank:
1. Types of Ship Loans:

KDCC Bank offers various types of ship loans to cater to different needs. These may include
loans for purchasing new ships, used ships, or even refinancing existing ship loans.
2. Loan Amount and Terms:
The loan amount and terms may vary based on factors such as the type of ship, its value, and
your financial profile. KDCC Bank will assess your eligibility and provide you with the loan
amount and repayment terms that suit your situation.
3. Competitive Interest Rates:
KDCC Bank strives to provide competitive interest rates on ship loans. The interest rate will
depend on factors like market conditions, your creditworthiness, and the loan amount.
4. Collateral and Documentation:
Ship loans typically require the ship itself to be pledged as collateral. KDCC Bank will
guide you through the necessary documentation, including ship registration papers,
insurance details, and any additional legal requirements.
5. Repayment Options:
KDCC Bank offers flexible repayment options for ship loans. You can choose from
different repayment periods and installment plans that align with your financial
capabilities.
6. Expert Guidance:
KDCC Bank has a team of experts who can provide guidance and assistance throughout the
ship loan process. They can help you navigate the complexities of maritime financing and
ensure a smooth experience.
Goat loan:-
Goat loans at KDCC Bank refer to loans specifically designed for individuals or businesses involved
in goat farming. Here are some advantages of goat loans at KDCC Bank:
1. Financial Support: Goat loans provide financial support to individuals or businesses looking to
start or expand their goat farming operations. These loans can help cover the costs of purchasing
goats, building or improving infrastructure, buying equipment, and other related expenses.
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2. Customized Loan Amount: KDCC Bank understands that the financial needs of each goat farmer
may vary. They offer customized loan amounts based on factors such as the number of goats, the
scale of the operation, and the borrower's financial profile.
3. Flexible Repayment Options: KDCC Bank provides flexible repayment options for goat loans.
They understand the seasonal nature of goat farming and can structure the repayment schedule to
align with the borrower's cash flow and income from the goat farming business.
4. Competitive Interest Rates: KDCC Bank aims to offer competitive interest rates on goat loans.
The interest rate will depend on factors such as market conditions, the borrower's creditworthiness,
and the loan amount.
5. Expert Guidance: KDCC Bank has a team of experts who can provide guidance and assistance
throughout the loan process. They can help goat farmers understand the loan requirements,
documentation needed, and provide advice on best practices for successful goat farming.
It's important to note that specific terms, conditions, and eligibility criteria may apply to goat loans at
KDCC Bank. To get detailed information and personalized advice, I recommend reaching out to a
representative from KDCC Bank. They will be able to provide you with the most accurate and up-to-
date information based on your specific requirements. 🐐💰
BONDS
Bonds are financial instruments that represent a loan agreement between an investor (like you) and a
borrower (typically a government or corporation). When you buy a bond, you're essentially lending
money to the issuer in exchange for regular interest payments and the return of the principal amount
at maturity.
Bonds are considered relatively safer investments compared to stocks because they offer a fixed
income stream and are typically less volatile. They come in different types, such as government
bonds, corporate bonds, and municipal bonds, each with its own characteristics and risk levels.
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Government bonds are issued by governments to fund their activities. They are generally considered
low-risk because governments have the ability to raise funds through taxes or printing money.
Corporate bonds, on the other hand, are issued by companies to raise capital for various purposes.
Their risk level varies depending on the financial health of the issuing company.
When you invest in bonds, you need to consider their maturity, which is the length of time until the
bond's principal is repaid. Short-term bonds typically have maturities of one to five years, while
long-term bonds can have maturities of 10, 20, or even 30 years.
The price of a bond can fluctuate in the secondary market due to changes in interest rates and market
conditions. When interest rates rise, bond prices tend to fall, and vice versa. This is because newer
bonds with higher interest rates become more attractive to investors.
The interest paid on bonds is known as the coupon rate, and it's usually expressed as a percentage of
the bond's face value. For example, a $1,000 bond with a 5% coupon rate will pay $50 in interest
annually. Some bonds have fixed coupon rates, while others have variable rates tied to market
benchmarks.
In summary, bonds are investment vehicles that allow individuals and institutions to lend money to
governments and corporations in exchange for regular interest payments and the return of the
principal amount at maturity. They offer a stable income stream and come in different types and
matuies. Remember to do your research and consider your risk tolerance before investing in bonds!
Bank offers different types of bonds, like:
A) Corporate loans:
1. Investment-Grade Bonds: These are bonds issued by companies with a good credit rating. They
have lower risk and typically offer lower interest rates.
2. High-Yield Bonds: Also known as junk bonds, these are bonds issued by companies with lower
credit ratings. They carry higher risk but offer higher interest rates to compensate.
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3. Convertible Bonds: These bonds give investors the option to convert them into a predetermined
number of company shares. They offer the potential for capital appreciation if the company's stock
price rises.
4. Floating Rate Bonds: These bonds have variable interest rates that adjust periodically based on a
benchmark rate. They provide protection against rising interest rates.
5. Zero-Coupon Bonds: These bonds don't pay regular interest. Instead, they are issued at a discount
to their face value and pay the full face value at maturity. The difference between the purchase price
and face value represents the interest earned.
6. Callable Bonds: These bonds can be redeemed by the issuer before the maturity date. The issuer
can call back the bonds if interest rates decline, which can be a disadvantage for investors.
7. Perpetual Bonds: These bonds have no maturity date, meaning they can be held indefinitely.
They pay interest to investors indefinitely, making them similar to a form of equity.
B) Municipal bonds types:
types of municipal bonds. Municipal bonds are issued by local government entities, like cities or
states, to raise funds for public projects. Some types of municipal bonds you'll find at KDCC Bank
include:
1. General Obligation Bonds: These bonds are backed by the full faith and credit of the issuing
municipality. They are typically used to finance general public projects, like schools or infrastructure
improvements.
2. Revenue Bonds: These bonds are backed by the revenue generated by a specific project, such as
toll roads, airports, or water utilities. The repayment of these bonds depends on the success of the
project.
3. Tax-Exempt Bonds: Municipal bonds are often tax-exempt at the federal level and sometimes at
the state and local levels. This means that the interest earned on these bonds is not subject to federal
income tax, making them attractive to investors seeking tax advantages.
4. Build America Bonds (BABs): These bonds were created as part of a federal program to
stimulate infrastructure investment. They are taxable bonds that offer higher interest rates, but the
federal government provides a subsidy to the issuer, reducing their borrowing costs.
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5. Housing Bonds: These bonds are issued to finance affordable housing projects. They help provide
funding for the construction or renovation of housing units for low-income individuals and families.
C) Saving bonds:
KDCC Bank offers savings bonds as a secure and long-term investment option. These bonds are
designed to help individuals save money while earning interest over a specific period. They can be a
great way to achieve financial goals or plan for the future. If you're interested in learning more about
the specific savings bond options available at KDCC Bank, I can provide you with more details.
c)Saving bonds types:
1. Safety: Saving bonds are considered a safe investment because they are backed by the issuing
bank. This means that even if the bank faces financial difficulties, your principal investment is
protected.
2. Fixed Interest Rates: Saving bonds offer a fixed interest rate for the duration of the bond. This
means that you can predict and plan for the amount of interest you will earn over time.
3. Long-Term Investment: Saving bonds are typically long-term investments, which can be
beneficial if you're looking to save for a specific goal, such as retirement or education expenses.
They provide a stable and reliable way to grow your savings over time.
4. Tax Benefits: Depending on the specific regulations in your country, saving bonds may offer tax
advantages. For example, the interest earned on certain types of bonds may be tax-exempt or subject
to reduced tax rates.
5. Flexibility: Some saving bonds may offer flexibility in terms of maturity dates and withdrawal
options. This can give you the ability to access your funds when needed or reinvest them for
continued growth.
STAFF SERVICE REGULATION

FOR
DISTRICT COOPERATIVE CENTRAL BANKS IN THE STATE OF ANDHRA PRADESH
For and on behalf of the Managements of the 13 District Cooperative Central Banks in Andhra
Pradesh state, represented by the Andhra Pradesh Coop. Banks' Association, (APCBA), (Regd. No.
288/1967)
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1.4 INTERPRETATION:
The power to alter, amend, modify and interpret any of these Regulations vests in the
Committee which is empowered to Issue such Instructions as may be necessary to give
effect to and carry out the provisions of these regulations to ensure effective control
over the staff. Any such changes in the provisions or .incorporations shall be referred
to the Andhra Pradesh Cooperative Central Banks' Association (APCBA) for advice
and guidance before taking the final decision
BUDGET, CLASSIFICATION & DUTIES AND RESPONSIBILITIES OF EMPLOYEES.
BUDGET ALLOTMENT
Subject to the budget allotment sanctioned by the General Body It shall be Competent for the
Board of Management to prescribe from time to time the Strength Of establishment &
designations (as approved by HLC), their scales of pay and other allowances including medical
traveling and daily and any other allowances.
The Chief Executive Officer shall fix the duties and responsibilities as per the Uniform job
charts to all the members of the staff, from time to time.
CLASSIFICATION OF EMPLOYEES:
The staff of the bank shall consist of the following classes: OFFICERS:
Senior Management
a. General Manager
b. Deputy General Manager

Middle Management
c. Asst. General Manager
d. Chief Manager
Junior Management
e. Manager
f. Asst. Manager
Staff Assistants- Cashier, Clerk, Supervisor, Steno/Typist etc.
(Wherever the term "Assistant/s" occurs it shall be deemed as "Staff Assistant/s" for
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All purpose
Subordinate Staff - Drivers, Attenders, watchman
DUTIES & RESPONSIBILITIES:
The Employees/Staff of the Bank will perform their duties as per the instructions provided from
time to time by the immediate Superior Officers as described in the respective cadre/Job
description/J0b Charts as approved by the Board of Management from time to time
RECRUITMENT POLICY:
All recruitments shall be made by the Competent Authority as per the policy laid down by
the Board of Management for the posts of Subordinate Staff, Staff Assistants. & Asst.
Managers. Recruitment of staff In the DCCBs shall be taken up by APCOB through IBPS
only.
PROMOTION
Promotion to higher post will be made by the Board on the recommendation of the
Selection committees on the basis of merit with due regard to seniority. Any employee
considering himself aggrieved may represent to the80ard. He shall be given an opportunity
to be heard personally, before a decision is made, The decision of the Board shall be final.
PROMOTION POLICY:
Promotions to different cadres will be made based on the vacancies available as on 31st March
of that panel year, in accordance with the policy guidelines.
SELECTION COMMITTES:
The constitution of Selection committees for promotion to various posts shall be as under:
Cadre Selection committees
Sub-staff to Staff Assistant President

CEO
General Manager
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Staff Assistants to Asst. Manager President
CEO
APCOB Representative from not below the rank of GM,APCOB
Asst. Manager to Manager and from President

Manager to Chief Manager CEO
Subject Expert as recommended by APCOB
Chief Manager to Asst. President

General Manager CEO
President
Asst. General Manager to General CEO
Manager
APCOB Representative frqm not below the rank of CGM,APCOB
General Manager to General Manager
GENERAL GUIDELINES:
Identification of Vacancies
l. The number of vacancies in the cadres shall be determined with reference to the
position on 31st march of that panel year.
ll. All clear vacancies of the previous panel year, if any, and the vacancies arising from
1st April to 31st march of that panel year in each cadre.
Ill. Consequential vacancies on account of promotions during that panel year.
Reckoning of length of Service

Length of Service In a particular cadre shall be counted from the date of Promotion to
that Cadre till the date of Notification of vacancies.
81
Process of Promotion:
Promotion process for a particular panel year shall be completed by 30 th September
of that panel year. In a particular panel year, Normal Track vacancies shall be filled
first followed by Fast track vacancies duly following rule of reservation In each
Track.
Notification of Vacancies:
The number of vacancies available as arrived at, under Normal and Fast track channels, shall
be notified at the time of commencement Of the promotion process,
Filling up of vacancies on Promotion:
i. List of selected candidates empanelled for promotion shall be displayed.
ii. Clear vacancies as on the relevant date will be filled up Immediately from out of the select
list in the order of merit.
iii. In respect of other vacancies, on account of retirements on superannuation or consequential
on account of promotion or otherwise shall be filled from empanelled list in the order of merit as and
when the vacancy arises.
Rule of Reservation for SC/STs.

The Rule of Reservation in promotions In favour of SCS & STS will be followed as
prescribed by the State Government from time to time.
SEALED COVER PROCEDURE
The procedure mentioned under "Sealed Cover Procedure" as hereunder will apply in respect of
the following employees:
a) Candidates against whom disciplinary action Is pending
b) Candidates who are under suspension

The selection committee shall assess the suitability of the candidate coming under the
purview of any of the above clauses along with the other candidates without taking into
consideration the disciplinary case pending. In other words as if no action is pending and
award the marks. The result will be kept In a "Sealed Cover".
82
a) The same procedure as above will be followed in the subsequent processes till the action is
completed.
On conclusion of the disciplinary case if the case results in dropping of the allegations, the
sealed cover is opened and acted upon in the order of date of sealed cover/s and if selected
and he will be placed in the same order of merit /seniority in the process in which the
results pertain to.
i. The promotions effected on account of opening of sealed cover will be adjusted against
future vacancies.
ii. If any penalty is imposed on the candidate as a result of the disciplinary case or he is
found guilty the Sealed Cover will not be acted upon.
Further, there shall be a quarterly review of all disciplinary cases pending against the
candidates whose results have been kept In a sealed cover with a view to ensure speedy
disposal of all such cases.
SCALES OF PAY AND ALLOWANCES

The scales of pay & allowances of employees shall be as per Wage Revision settlement
entered into with the Unions/ Associations and as approved by the General Body from time
to time.
General Guidelines
Subject to the provision of these Rules, pay and allowances shall accrue from the
commencement of the service of an employee and shall become payable on the last working
day of each month in respect of the service performed during the said month.
The pay and allowances shall accrue subject to the following sub clauses:
 Pay and allowances shall cease to accrue as soon as an employee ceases to be in
service. In case of an employee dismissed from bank's service, the pay and
allowances shall cease from the date of dismissal.
 In the case of an employee who dies while in service, pay and allowances shall cease
from the day following that on which the death occurs.
83
An employee shall commence to draw the pay and allowances of a post to which he/she is
appointed from the date on which the employee assumes the duties of the post.
Where an employee is transferred from one post to another, he/she shall, during any interval
of duty between the date of his/her handing over charge of the old post and the date of his/her
taking over charge of the new post draw the pay and allowances of the old post.
Seniority of an employee shall be reckoned with reference to the date of his joining/promotion in
that cadre / grade.
The inter-se seniority of any employee directly recruited in a batch to any grade or scale shall
be reckoned with reference to the merit-cum-rule of reservation. In case more than one
candidate obtain the same rank their seniority shall be decided as per the date of birth. 6.2.4
If there are two or more employees of the same length of service in that cadre grade or scale,
their inter-se seniority shall be reckoned with reference to their seniority in the immediately
preceding grade or the previous cadre to which they belonged in the Bank's service.
Where two or more employees have the same length of service in such preceding grade or
scale or such previous cadre, their seniority shall be determined with reference to their
seniority in the immediately preceding grade or scale or cadre, as the case may be.
INCREMENTS
ANNUAL INCREMENTS
The increments specified in the scales of pay set out in these regulations shall,
subject to sanction of the Competent Authority, accrue on an annual basis and shall be
granted on the first day of the month. in which the increment falls due. Accrual of Annual
increments shall not be stopped when disciplinary proceedings are pending against the
employee concerned.
STAGNATION INCREMENTS
Stagnation Increments shall be as per the wage revision agreements entered Into with the staff
Unions and Officers' Association’s from time to time.
OFFICIATING ALLOWANCE
An employee who has officiated In a post of a higher grade, In the vacancies of temporary
periods exceeding 5 days, Is entitled to receive officiating allowance at 10% Basic Pay of the
staff member concerned. Such officiating allowance shall rank for PF only and not for any
other purposes viz., DA, HRA, CCA, superannuation benefits etc.
84
Employees who have officiated as Cashier on temporary basis will be entitled to get
Officiating Allowance without any restriction on minimum period.
FIXATION OF PAY ON PROMOTION:
Fixation of Pay on promotions shall be as per the Policy & Fitment charts arrived in Wage
Revision Agreement/s.
SPECIAL BENFFITS ON PASSING CPCB/JAIID /CAIIB•.
In case of Staff Assistants to Assistant General Manager cadre, any employee who completes
JAIIB shall be given one increment and who completed CAIIB shall be given two increments,
from the date of acquiring such qualification.
In case of Deputy General Managers and above Cadre, any employee who completes JAIIB
and CAIIB shall be given one increment for each of the examinations, from the date of
acquiring such qualification.
All employees on acquiring CPCB level -l and Level-Il shall be granted one-time financial
incentive/s as per WR Agreement.
FAMILY PLANNING INCENTIVE INCREMENTS:
There shall be no fresh sanctuary of family planning Incentive increment to the staff
members of the Bank for undergoing sterilization operation with effect from 02.05.2005.
5.8.2 The employees who are already enjoying the benefit of Family Planning Incentive
increment/s in pursuance of the existing orders shall continue to draw the incentive
increment/till they attain the age of superannuation.
SERVICE RECORD, ANNUAL PERFORMANCE APPRAISAL REPORTS
SERVICE RECORD
The Bank shall maintain service registers and personal files of all the employees right
from the date of their appointment. All changes affecting the rank, emoluments,
transfers, leaves and other matters such as punishments, awards, rewards, performance
appraisal etc., shall be recorded in the service registers from time to time and attested
and shall be retained in the safe custody of an authorized officer.
SENIORITY LIST:
85
Each year, the Bank shall prepare a seniority list of its employee's cadre wise showing
their names in the order of their seniority and containing such other particulars as the
bank may determine as on 1St of January of every year.
A copy of such list shall be displayed and communicated for information to all the
employees of the Bank. If any discrepancy in the list Is identified by the employee, he/she
shall have right to appeal to the Chief Executive Officer within 10 days from the date of
communication of the list.
Seniority of an employee shall be reckoned with reference to the date of his joining/promotion in
that cadre / grade.
The inter-se seniority of any employee directly recruited in a batch to any grade or scale shall
be reckoned with reference to the merit-cum-rule of reservation. In case more than one
candidate obtain the same rank their seniority shall be decided as per the date of birth. 6.2.4
If there are two or more employees of the same length of service in that cadre grade or scale,
their inter-se seniority shall be reckoned with reference to their seniority in the immediately
preceding grade or the previous cadre to which they belonged in the Bank's service.
Where two or more employees have the same length of service in such preceding grade or
scale or such previous cadre, their seniority shall be determined with reference to their
seniority in the immediately preceding grade or scale or cadre, as the case may be.
86
ANNUAL PERFORMANCE APPRAISAL REPORTS (PARs):
Every employee of the Bank In every cadre from Sub Staff to General Manager shall be under
the gamut of the Performance Appraisal System so as to create a high performance culture In
the Bank,
The performance of employees will be appraised annually by the Reporting Officer under whom the
assessed employee is working.
The performance of employees, shall be assessed In respect of their roles In branches/controlljng
offices.
Performance Appraisal System will encompass both quantitative and qualitative attributes.
RETIREMENT, RESIGNATION & TERMINATION
RETIREMENT:
Every employee other than Subordinate staff shall retire from service on the last day of the month In
which he/she attains the age of 60 years.
Subordinate staff shall retire from service on the last day of the month in which he/she attains the age
of 62 Years.
Provided that an employee born on the 1 st of the month shall retire on the last day of the
preceding month.
VOLUNTARY RETIREMENT
An employee at any time after putting-in total service* of 20 years or more in the Bank(s and
before attaining the age of superannuation can opt for voluntary retirement from Bank's services
by giving two (2) month notice. The Appointing Authority shall be the Competent Authority to
accept such option of the employee. On acceptance of the offer of Voluntary retirement, the
employee shall be entitled to receive all the usual retirement benefits like Gratuity, Encashment of
leave, Pension etc. as he is entitled to on retirement on attaining the age of superannuation as per
the Service Regulations of the Bank.
87
RESIGNATION:
If an officer of the bank intends to resign his/her post, he/she shall give at least three months'
notice or three months' salary in lieu thereof.
The period of notice in the case of Staff Assistants and Sub-ordinate staff will be one month or one
month's salary in lieu thereof.
Appointing Authority will have the discretion to waive the required notice.
The appointing authority shall be competent to accept the resignation of any employee.
TERMINATION OF SERVICE
It shall be competent for the appointing authority to terminate the services of an employee during
his/her regular service provided that the authority shall not dispense with the services of a person
except for reasonable cause and without giving such an employee at least (two ) one months' notice
or salary In Ileu of such notice.
TYPES OF LEAVE
Subject to the provisions of these regulations, the following kinds of leave may be granted
to employees:
i .Casual leave
ii.Special
casual
iii.Earned leave
iv. Sick leave
v. Maternity leave (in the case of married female
employee)
vi. Paternity leave (in the case of married male
employee) vii. Extraordinary leave
88
LEAVE RULES
Leave of any kind cannot be claimed as matter of right
An employee who desires to avail himself for Leave shall proceed on leave with prior
sanction by the Competent Authority.
The leave application Should be routed through the respective controlling and competent
authority, duty recommended.
If an employee on leave desires an extension thereof, he shall make an application as to reach

the Bank before the expiry of the leave. A reply communicating the sanction or rejection of
leave shall be sent to the employee to the address given by him/her within two working days.
When the exigencies of service so require, discretion to refuse or revoke leave is reserved with the
competent authority except in the case of leave on medical grounds
Leave shall not be granted to an employee under suspension.

Leave earned by an employee lapses on the date on which he ceases to be in the service of
the Bank except to the extent permitted for encashment.
An employee on leave cannot return to duty before the expiry of the period of leave
granted to him/her without intimation to [or permitted by the competent authority.
The leave commences from the working day succeeding the day on which he/she
relieved and concludes on the working day preceding the day on which he returns to duty
ACCUMULATION OF EARNED LEAVE

The maximum period of earned leave which an employee can accumulate is 300 days.
LAPSE OF LEAVE
All leave to the credit of an officer shall lapse on resignation, retirement, death, discharge.
dismissal or termination.
i. Provided that where an employee retires from the banks service, he/she shall be eligible to
be paid a sum equivalent to the total emoluments not exceeding 270 days, of earned leave
that the employee had accumulated.
89
ii.Provided further that where an employee dies while in service, his/her legal
representatives shall be paid a sum equivalent to the emoluments for the period, not
exceeding 270 days of earned leave to the credit of the employee on the date of death.
UNAUTHORISED ABSENCE
i. Any employee who remains absent from duty for 24 months shall automatically cease to
be in the Banks service.
ii. Any employee who absents himself from duty without leave or over stays his/her leave,
except under circumstances beyond his/her control, for which he/she must tender
satisfactory explanation, shall not be entitled to draw any pay and allowances, during such
absence or over-stayed, and further be liable for such disciplinary measures as the
competent authority may impose.
iii.The period of such absence or over-stayed may, If not followed by termination of service
be treated as period spent on earned or sick leave or extra-ordinary leave as deemed
appropriate by the competent authority at his/her discretion.
LEAVE ENCASHMENT
Employees are permitted to surrender Earned Leave not exceeding 15 days in one year and 30
days for two calendar years, provided the employee had not availed the encashment facility in the
previous year and receive salary In lieu thereof, at the rate he/she is eligible on the date of
surrender.
i. Further, the employees are permitted to surrender additional Earned Leave not exceeding
S days in a calendar year on any one occasion of a festival of choice and receive salary in
lieu of, leaves so surrendered at the rate he/she is eligible on the date of surrender.
ii. The employee surrendering the leave should submit an application in writing to the Bank
giving details of extent of leave surrendered.
90
LIABILITY TO ABIDE DY THE REGULATIONS:
Every employee of the Donk shall at all among maintain absolute Integrity and devotion to
duty, shall confront to and abide by these regulations and shall observe, comply with and
obey all orders and directions which may from time to time given to him/her by any
person or persons under whose Jurisdiction, superintendence or control, he/she may for the
time being placed.
Every employee while in service or after his/her retirement, resignation or discharge shall
maintain strict secrecy regarding the Bank's affairs and the affairs of Its constituents and
shall not divulge directly or indirectly any information of a confidential nature either to a
member of public, unless compelled to do so by judicial or other authority, or unless
instructed in writing to do so by a superior officer in the discharge of his/her duties.
DISCIPLINE & APPEAL RULES
PENALTIES:
An employee guilty of misconduct for any good and sufficient reason may be imposed any
one of the following penalties
PROCEDURE FOR IMPOSING PENALTIES:
Minor Penalty:
Where it is proposed by the Competent/Disciplinary Authority to impose any of the minor

penalties shall be informed in writing of the imputations of misconduct or misbehaviour
against him/her through a memorandum and given an opportunity to submit his/her written
statement of defence within specified period not exceeding 15 working days. The defence
statement, if any, submitted by the employee shall be taken into consideration by the
disciplinary authority before passing orders. However, minor penalties shall only be
imposed only after conducting Domestic Enquiry.
Major Penalty:
91
No order imposing any of the major penalties shall be made except after an inquiry Is held In
accordance with this Regulation.
Whenever the disciplinary authority Is of the that there are grounds for enquiring into the
truth of any imputation of misconduct or against any employee, shall appoint any officer of
the DCC Bank, In case the delinquent Is General Manager of the DCC Bank, Board of
Management of the DCC Bank can request APCOB to depute an enquiry officer from
APCOB not below the cadre of General Manager,
The Management need not conduct any preliminary enquiry if the nature of the misconduct
is on the basis of the Enquiry, Inspection or Audit done by the financing Bank or by the
office of the Registrar of Coop or by the Internal Audit of the Bank itself. If the
Management comes to the conclusion that on the basis of the preliminary enquiry that there
Is no case for disciplinary proceedings against the employee then the case may be dropped.
However, when the act of malfeasance or misconduct prima-facie appears and comes to the
notice of the Management, It shall serve the memorandum on the employee calling upon
him to offer his explanation for the alleged misconduct within a reasonable time. If the
employee on whom the memorandum is served when seeking permission for offering his
explanation beyond its stipulated time, such permission shall be granted at the sole
discretion of the Competent Authority.
RECEIPT OF EXPLANATION
On receipt of explanation from the employee, Bank may decide to
1) Accept the explanation and close the matter or reject the explanation and advise the
employee accordingly or initiate Disciplinary Proceedings.
2) In case the Management decides on the initiation of Disciplinary Proceedings, the
Competent Authority should frame a detailed charge-sheet against the employee
concerned and the decisions to initiate disciplinary proceedings, against the
employee be communicated to him/her within 15 days thereof.
92
TERMINAL BENEFITS
GRATUITY & GRATUITY RULES:
Gratuity to the employee (other than apprentices) drawing wages not exceeding RS. 2,500/-
per month shall be paid as per payment of Gratuity Act 1972 (Act. 39 of 1972). payment Of
Gratuity (Amendment) Act, 1984 (25 of 1984), Payment of Gratuity (second amendment)
Act, 1984 (26 of 1984) and the rules framed there under.
Gratuity to other employees Including employees under managerial cadre drawing wages
exceeding Rs. 2,500/- per month shall be pald at the rate of 30 days wages, for every completed
year Of service, subject to a maximum of 20 months wages as provided under Gratuity Act.
Gratuity shall be payable to an employee on the termination of employment, after rendering

continuous service of not less than 5 years.
a) On Superannuation,
b) On Voluntary Retirement from service,
c) On resignation from service,
d) On lay off due to retrenchment,
e) On death or disablement due to accident or disease.
provided further that the stipulation of five years of continuous service shall not apply in case of
death or disablement due to accident or disease
Gratuity is to be computed by reckoning 26 days to a month as provided in the Gratuity Act.
Further as per section 4 clause 5 of the Payment of Gratuity Act 1972 "nothing in this section
shall affect the rights of an employee to receive better terms of gratuity under any award or
contract or agreement with the employer.
FORFEITURE OF GRATUITY:
93
The gratuity of an employee, whose services have been terminated for any act. wilful omission or
negligence causing any damage or loss to, or destruction of, property belonging to the employer,
shall be forfeited to the extent of the damage or loss so caused; The gratuity payable to an employee
shall be wholly forfeited—
(a) If the services of such employee have been terminated for his riotous or disorderly conduct
or any other act of violence on his part, or
(b) If the services of such employee have been terminated for any act which constitutes an
Offence involving moral turpitude, proyided that such offence Is committed by him in the course
of his employment.
Deputation of Employees any to other institution can be considered at the request of the
concerned Institution provided the bank can spare the services of such employees. Such
deputation to Other organizations shall be onlv with the consent of the employee. The Employees
concerned who are willing to go on deputation such institutions should forward their application
for the post through dank, The Board of Management is the competent authority for consideration
of such deputation.
Objectives of Deputation:
The following are the objectives of encouraging employees of the Bank to go on Deputation:
I. To broaden employees' perspectives which may be useful to the bank

ll. To provide suitable experienced employees to the concerned
institutions.
Ill. To provide employees alternate Job experience and career opportunities.
MISCELIANEOUS
WORKING HOURS
The working hours of the Bank or branch/s shall be as decided by the Board of
Management or Chief Executive Officer from time to time.
HOLIDAYS
The Bank shall remain closed on all Sundays, 2nd & 4th Saturdays of every month and
such other days as the Government may by notification declare to be holidays under the
94
Negotiable Instruments Act 1881.
INDUSTRIAL RELATIONSHIP REVIEW COMMITTEE:
The Bank shall constitute a Committee for redressal of grievances of individual

employees such as; complaints relating to unfair treatment, salary payment, leave,
seniority, work assignment, working conditions excluding disciplinary action with
Chairperson/President, Chief Executive Officer, Representatives of Service Unions and
ED, APCBA at least once in a half year.
DELEGATION OF POWERS:
The Chief Executive Officer of the DCCB shall delegate his powers with regard to sanction
of Increments/Allowances/Leaves etc., if any, as required from time to time.
IDENTITY BADGES:
The Bank shall provide Identity Badge to all the employees. Every employee has to wear the
Identity Badge while on duty.
RECREATION ACTIVITIES:
The Bank shall encourage Sports, Games and Cultural activities among the Staff members
and also among the family members of the staff by providing lump sum amount yearly from
out of Common Good Fund or General Fund to their Recreation Club.
UNION SUBSCRIPTION:
The monthly subscription will be collected from the salaries of the employees who are members of
the Recognised Trade Union/ Association.
Provident Fund: The existing Provisions shall continue.
TRAINING:
During the period of probation, all the employees have to undergo necessary training as decided and
communicated by the Bank from time to time.
Performance Linked Incentive:
95
The Performance Linked Incentive shall be given to alt the employees of Bank as per the Policy.
96

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About Machilipatnam

View of Masulipatam in 1676

Boat building and Fishing

Type of the society No. Affiliated societies

1. Primary Agrl. Co-op societies 425

Sri Ayyadevarapu Kaleswara Rao

Mrs. Tatineni padmavathi

Sri Vemulakonda Rambabu

Shri Kommineni Ravi Shankar

Shri Nallamotu Koti Surya Prakasa Rao

Shri Gadidesi Pedavenkaiah

Mrs. Padamata Sujata

Srimati Bhukya Rani

Mrs. P.S. Mani

Shri A. Shyam Manohar (Chief Executive Officer)

Shri A. Shyam Manohar C.E.O

Shri B.L. Chandrasekhar G.M

Mrs. V. Niranjani D.G.M

Shri P.J.S. Prabhakar D.G.M.

Mrs. P. Varalamma D.G.M

Mrs. N. Sridevi A.G.M

Mrs. M. Prabha A.G.M

Shri G. Surya Prakasa Rao A.G.M.

Shri M. Srinivas A.G.M

Shri K. Devendra Rao A.G. M.

Shri B. Ganesh Kumar A.G.M

Mrs. T. Vasavi Kumari A.G.M

Regional Office, Vijayawada

Shri N. Rangababu G.M

Shri K. Srinivasulu D.G.M

 Krishna District Cooperative Central Bank (DCCB) is a top-performing financial institution

 Awards for Linkage of Self Help Groups:

Si no Particulars 2019-2020 2020-2021 2021-2022 2022-2023

S. Particulars 2020-2021 2021-2022 2022-2023

 Business Targets & Achievements ( 2021-2022):-

Particulars 2021-2022 2022-2023

Target Achv Achv% Target Achv Achv%

Janatha insurance scheme:-

PACS development cell:-

Disbursement of crop loans & LT loans:-

Expansion and Growth:-

Main importance of Krishna DCC bank:-

Establishment Section is responsible for processing of cases relating to: -

ii) Issue of Periodical Increment Certificates.

iii) Deputation, resignation & retention/termination of lien etc. of employees.

v) Grant of Advance under L.T.C. scheme.

vii) Annual Returns regarding movable & immovable property.

viii) Grant of Honorarium to Gazetted & Non-Gazetted staff of the Bank

ix) Grant of House Building Advance to the members of the staff.

xi) Pension/Family Pension, Gratuity, Commutation of Pension cases etc.

xiii) Preparation of Budget proposals for Loans & Advances.

NAME OF THE POST NUMBER OF MEMBERS

 Assistant General Manager

 Deputy General Manager

In the above two pictures earned leaves/privilege leaves are written

Annual inspection was conducted on August , 2023 by NABARD

Filling of withdrawal form: -

 particulars:- Display the name of the primary group.

Vouching can be described as the essence or backbone of auditing. The success of an

Vouching is the essence or backbone of auditing because when performing an audit, an