The Raichur District Central Co-operative Bank Ltd

Raichur District Central Co operative Bank., Limited (popularly known as Raitaru Bank) was registered under the Co-operative Societies Act on 13th July 1956 however Bank has commenced its operations since 01.04.1919. The Bank was granted license on 15.12.2011 by Reserve Bank of India. Raichur District Central Cooperative Bank., Limited in Karnataka is a premier District Co-operative Banking Institution. The Bank has attained 100 years of service to the rural development without compromising the spirit of co-operative principles, while at the same time striving to assimilate and implement newer methods of technology, working culture and good governance, with a firm commitment to its objectives.

The area of operation of the bank is spread over both Raichur and Koppal Districts which includes 9 Taluka Branches,228 PACS out of which 217 borrowing PACS, Urban Banks & other credit cooperative societies.

Our Loans and Deposits

Business term loan is available for purchase of old/new machinery for development of business.

Investing in fixed deposits is one of the safest investment options available. The interest offered on FDs by banks makes it a good option.

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News Section
  • Balance Sheet 2019-20
    12/12/2020Read More

  • Banking event and function on 12/07/2020
    12/12/2020Read More

  • Our Banking new Interest Rate list available check it now on interest rate section on website
    12/12/2020Read More

The RDCCBank Provide Features
Locker facilities

RDCC Bank provides safe locker facility for the safety of your valuables; our locker facility offers a safe, trustworthy space to store them. There is a nominal annual rent (payable in advance), which depends upon the size of the locker and the centre at which the branch is located. Locker facility is provided by the Bank at its select branches. RDCC Bank provides safe locker facility to its customers at very affordable rates. Safe Deposit Locker facilities available at following branches

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RDCC Bank provides NEFT / RTGS to the customers and customers also very much satisfied from the services which the branches are providing.National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) allow Individuals, companies and firms to transfer funds from one bank to another.These facilities can only be used for transferring money within the country.

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Demand Draft (DD)

RDCC Bank provides Demand Draft (DD) to the customers and customers also very much satisfied from the services.A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee). A demand draft can also be compared to a cheque.These facilities are available in our all Branches. Kindly visit our nearest Branches for more services.

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Mobile Banking Services

Mobile Banking Services is our upcoming project and we (RDCC Bank) got approved license from RBI (Reserve Bank of India) Very soon we will intimate to our customers along with the Demo to our customers at their places.Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smart phone or tablet.

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