The Telangana State Cooperative Apex Bank Limited (TSCAB) is the State Cooperative Bank for the State of Telangana. The Bank was registered on 25.03.2015. Consequent to the reorganisation of the state of Andhra Pradesh and formation of State of Telangana by Government of India, it has been necessitated for separate State Cooperative Banks for both the States. Accordingly the erstwhile combined Andhra Pradesh State Cooperative Bank was reorganised into the Telangana State Cooperative Apex Bank limited (TSCAB) for the state of Telangana and the Andhra Pradesh State Cooperative Bank for the state of residual Andhra Pradesh.
TSCAB is committed to rural and agriculture development through its vast net work of cooperatives spread throughout the State of Telangana. The TSCAB stands for three tier structure, prosperity and cooperative principles. At village level we have 789 Primary Cooperative Credit Societies serving the farming community. At District level we have 9 District Cooperative Central Banks (DCCBs)as against 10 districts in the state of Telangana with a total branch net work of 249. The Hyderabad and Rangareddy Districts are served by single DCCB. At State level the Telangana State Cooperative Apex Bank functions as a friend, guide and philosopher for the entire cooperative credit structure in the State of Telangana with 35 branches of its own, spread in twin cities of Hyderabad and Secunderabad catering the urban clientele.
The TSCAB facilitates financing of both the production credit and Investment credit requirements of farmers, particularly small and marginal farmers, through its network under Single Window Delivery system. In other words the PACS at ground level act as one stop shop for availing other services like providing input requirements, produce storage facilities, essential commodities, food grains procurement, banking and other rural based agri related services. Further, it facilitates implementation of government schemes of waivers, incentives to farmers etc. It is also serving the women community in a big way by financing the Self Help Groups through its DCCBs.
The TSCAB provides refinance facilities to its affiliate DCCBs for Short Term crop loans, medium term and long term investment credit for purchase agri implements, development of irrigation potential, construction of godown/storage facilities, land development, horticulture, dairy, poultry and other diversified investments and allied activities. Finance is also extended to cooperative weavers societies, employees cooperative credit societies.
The TSCAB is committed to support the Government sponsored programmes for rural development, poverty alleviation, self employment through self help groups and youth associations in rural and semi urban areas.
Throughout our network both in urban and rural areas various retail products are offered to the clients with attractive deposit schemes, safe deposit locker facilities, vehicle loans, gold loans, housing loans and other services.
The Core Banking solutions (CBS) introduced in TSCAB and all the 9 DCCBs in the Telangana state. The bank has opened up various e channels like RTGS, NEFT, CTS, APBS, DBT facilitating the urban and rural clientele to take benefit of speedy transfer of funds.