Established in 2006, Andhra Pradesh Grameena Vikas Bank is a Regional Rural Bank providing a broad spectrum of banking services and products to both retail and corporate customers. This bank was founded through the merger of Sangameshwara Grameena Bank, Manjeera Grameena Bank, Kakatiya Grameena Bank, Nagarjuna Grameena Bank, and Sri Visakha Grameena Bank as per an Act of Parliament. Here, we explore the varied products and services offered by Andhra Pradesh Grameena Vikas Bank.

A key offering by Andhra Pradesh Grameena Vikas Bank is its array of deposit accounts, including savings accounts, current accounts, NRI accounts, and fixed deposits for individuals, businesses, organizations, and Non-Resident Indians.

For individuals, the Savings Bank Account facilitates easy depositing and withdrawing of funds. The required minimum balance is Rs. 500 in rural regions, Rs. 1000 in semi-urban areas, and Rs. 2000 in urban/metropolitan locations. This account comes with features like a cheque book, complimentary net banking and mobile banking, SMS alerts, and a nomination facility.

Designed primarily for businesses, current accounts have no transaction limits and offer features such as cheque book access, free internet banking, mobile banking, SMS alerts, and a nomination option.

The bank also extends account services to Non-Resident Indians. These accounts cater to NRIs, foreign students studying in India, and tourists on brief visits. Eligible individuals include Non-Resident Indians, Persons of Indian Origin, and Overseas Citizens of India. Interest rates on NRI accounts are comparable to those on domestic accounts.

Apart from deposit accounts, Andhra Pradesh Grameena Vikas Bank furnishes a variety of loan schemes to suit its customers' diverse needs, including housing loans, education loans, personal loans, auto loans, gold loans, and loans against deposits. Loan specifics like eligibility criteria, loan amounts, and repayment terms vary per loan type.

For investment seekers, the bank offers secure fixed deposits. Customers can select the deposit term, with an option for premature withdrawal, subject to a penalty. The bank additionally offers loans against deposits for urgent needs.

To enhance convenience, Andhra Pradesh Grameena Vikas Bank provides digital banking services, including net banking and mobile banking. Customers can easily conduct a range of banking activities such as funds transfer, cheque book requests, balance inquiries, and more from their home. The bank also offers WhatsApp banking, enabling customers to check account balances and access services via messaging.

Furthermore, a dedicated customer care department is available to address any queries or concerns. Customers can contact the bank through calls, Twitter, Facebook, or a toll-free customer care number.

In summary, Andhra Pradesh Grameena Vikas Bank delivers a comprehensive suite of banking services and products catering to its varied customer base's needs.