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SBI STAFF MUTUALLY AIDED CO-OPERATIVE CREDIT SOCIETY LTD., TIRUPATI

ABOUT US

Our Co operative society was first established as SBI Staff Co-operative Society Ltd., Tirupati on 19.09.1991 with Regd.No.S.802 under Andhra Pradesh Co-operative Society Act 1964. On 28.11.2002 our Society was converted to SBI Staff Mutually Aided Co Operative Credit Society under Andhra Pradesh MACS Act 1995 with Regd No.AMC/CTR/DCO/2002/61. The registered address of the society is located in State Bank of India, Administrative Office, Tirupati - 517501

CONTACT US

Address:

The President / The Secretary

SBI Staff Mutually Aided

Co-Operative Society Ltd., Tirupati.

C/o State Bank of India

Administrative office 

Tirupati

Pincode: 517501

Phone Number:

0877-2228635

Email id:

BOARD OF DIRECTORS

Shri A Venkata Subbaiah

President​

Ph No: 9849209542

Shri B Leela Krishna

Vice President

 Ph No: 9949707357

Shri P Sudhir

Secretary

Ph No: 9849209542

Smt C Siri

Joint Secretary

Ph No: 9912948289

Shri Y.N.Chandra Sekhar

Director

Ph No: 9849402666

Shri M V S Prasad

Director

Ph No: 8142929827

Shri P Tirumala Rao

Director

Ph No: 9640325769

Shri P Karimulla Khan

Director

Ph No: 9440248780

Shri R Eswaraiah

Director

Ph No: 9100696938

Shri K Vijay Kumar Reddy

Director

Ph No: 9676170662

Shri P Rishi Kumar

Director

Ph No: 7013828942

Shri D Mani

Director

Ph No: 9441332417

SERVICES OFFERED

Retirement Gift:

Members of the Society will be paid an amount of Rs.5,000/- (minimum)  to Rs.15,000/- (maximum) at the time of retirement . The amount payable to members on retirement is calculated as Rs.500/- multiplied by the number of years of society membership.

Insurance:

Our Society offers insurance coverage to the amount equal to loan amount. In the event of unfortunate demise of the member, the insurer repays the total loan amount to the society. Our Society refund the amount to the bereaved family members after deducting the outstanding loan amount from the insurance amount.

Funeral Expenses:

In the event of unfortunate demise of the member, the bereaved family needs immediate financial support. To provide immediate relief to the family of a member dying in harness, our society will pay an amount of Rs.10,000/- to the bereaved family members to meet the funeral expenses.

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