Toll Free No : 1800 425 7900     Bank Mitra Toll Free No : 1800 425 2274     ATM Toll Free No : 1800 3000 0620     Missed Call Alert : 9289222024

Chairman Message :

Chairman’s Message:

Dear Sir / Madam,

Greetings and Welcome to Andhra Pradesh Grameena Vikas Bank Website. 

Into The Second Decade

 The Bank, on successful completion of a decade with performance par excellence, has entered into the 2nd decade of it’s formation. The entry has been with a bang as the working results for FY 2016-17 have reached an envious position of Rs.351.99 Crores net profits. We are the only Regional Rural Bank in the country with such profits and in the process we have left behind some of the Commercial Banks, also.

We, with the esteemed support of over 1 crore customers across the states of Andhra Pradesh and Telangana, aim high during the ensuing years.


The Bank has a total of 768 branches, covering almost all the unbanked areas in the operating districts of Andhra Pradesh and Telangana. You can find the details of branches with contact numbers in Our Branches segment of this site.

Apart from serving through established branches, we have a very strong force of Business Correspondents, the Bank Mithras, to cater the needs of our customers at their doorsteps, with all modern technological assistance in the form of AEPS etc. We have the support of 1867 bank Mithras across our service areas.

Ownership of our Bank

Our Bank, the APGVB is a Government Schedule Bank with Share capital contributions from The Government of India, being the owner of our Bank with 50% Share Capital followed by State Bank of India (Our Sponsor Bank and one of the biggest banks in the Globe) with 35% and State Government with 15%, established under an Act of Parliament i.e., Regional Rural Banks Act 1976.   Our Share Capital is Rs 94.08 Crore.  The goals and objectives of our Bank are mandated by Government of India. 

Services Offered

While the Bank has been offering the traditional Deposit Products, like Savings Bank Account, Current Account, Fixed Deposits etc., we have, during the year 2016-17, introduced “NRI Banking Services” and offering NRE/NRO Deposit Accounts. The details are available at our website.

We have a comparatively higher interest rate structure on deposits, vis-à-vis, other commercial bank. The rates are updated in the INTEREST RATE section of this site from time to time.

Though, by constitution, we are a Regional Rural Bank, We take up all sorts of finance apart from traditional finance under Agriculture and Allied Agriculture. We offer loans under Housing Loans segments, MSME (Micro, Small & Medium enterprises) Asset Backed Mortgage Loans, Educational Loans (Both in India and Abroad), Loan against pledge of gold ornaments, Personal Loans to employees of public/ private sector, Vehicle Loans etc. The various Loan Products offered by us are available in this site. The rates of interest charged are also competitive.

Technology adoption

The Bank, is in the forefront in adoption of technology for providing seamless banking services. All the 768 branches of the bank are on Core Banking Solutions (CBS) platform. A number of technology products have been rolled out by the bank for extending convenience banking on the go. 

  • NEFT/RTGS: All the branches of the bank provide electronic funds transfer facility, NEFT/RTGS.
  • ATM Facility: Rupay debit cards issued by the bank provide banking services on all ATMs installed across India.
  • POS: Rupay debit cards can be used at all Point of Sale (POS) machines, pan India, at merchant establishments accepting Rupay cards for purchase of merchandise.
  • E-Commerce : Rupay Debit cards can be used for carrying out transaction on e-commerce site accepting Ruapy Debit cards.
  • Immediate Payment Systems (IMPS): Receiving of Inward remittances through IMPS mode of fund remittances is available.
  • Mobile Banking Services: The mobile app is a bilingual and user friendly product providing banking services on the move.
  •  Internet Banking (viewing rights): Is another product which provides track of all banking operations carried out at a convenient time and place. 
  • Missed Called Banking:  Dialing the number 9289222024 from the registered mobile number provides the account balances in real time.   

Technology is leveraged to provide banking services in 4444 unbanked villages.  1867 Bank Mitra’s equipped with latest technology biometric enabled Micro ATMs provide last mile banking services in their area of operation. All the financial transactions carried out at Bank Mitra’s are in real time environment.  The banking operations enabled at a Bank Mitra’s are:

  • Ruapy Card Operation: Rupay Debit card operations can be carried out on the Micro ATM .
  • Aadhaar Enabled Payment Services (AEPS): AEPS operations are enabled at all Bank Mitra’s.
  • Aadhaar Seeding facility:  Aadhaar seeding facility to the accounts is available.

Business Growth

With the continued support and patronage from our valuable customers, our Bank has made good strides in business growth – Our business growth means vibrating rural economy with our services.

 The Bank’s business as of 31.03.2017 has surpassed Rs.25,000/- Crores mark and leaping forward. The deposits of the Bank stood at Rs. 12818.58 Crores and we have also extended loans and advances of Rs. 12368.53 Crores along with the low percentage of the gross non-performing assets as 1.69%, a handsome CRAR of 14.05%, NIM 3.86% and the sound reserves/ net worth position of the bank speak about the quality business of the bank.


The following award won by the bank during FY 2016-17 are the recognition by the Government and other rating agencies; 

  • National Payments Excellence Awards 2016- The NPCI (National Payments Corporation of India), which is the Central Point for all ATM transactions, has given National Payments Excellence Awards 2016 to APGVB for having highest number of ATM transactions.  This indicates the penetration of Bank’s technology initiatives.
  • ASSOCHAM Social Banking Excellence Awards 2016- Our Bank is the Winner of Social Banking Excellence Award 2016 under “Agricultural Banking” category among all RRBs in the Country.

Our Bank is also the Runner Up under the category of “Best Social Bank”. Chairman received both the Awards from Shri Arjun Ram Meghwal, Minister of State for Finance & Corporate Affairs, The Government of India during 12th Annual Banking Summit-cum-Social Banking Excellence Awards 2016 function organized by ASSOCHAM in Mumbai on 03.03.2017.

  • SKOCH AWARD 2016- SKOCH Group has conferred Skoch Platinum Award on our Bank for CROSS SELLING - LIFE INSURANCE on 16.12.2016 at New Delhi.  This award is the highest independent honour in INDIA. Insurance is an important risk mitigating measure particularly in rural areas. Our bank has been doing its bit to secure the lives of rural people by undertaking cross selling life insurance.


You are welcome to our Toll Free Number 18004257900 for further enquiries. We have a separate Toll Free Number 18004252274 for enquiries with regard to Banking Correspondents/ Bank Mithras users.

I thank you very much for visiting our website and hope you shall enter into a business relationship with us. I am also confident that the facts and figures of the bank would make you recommend the site to your friends and relatives.

Yours sincerely,

(V. Narasi Reddy)



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