Amasebail Vyavasaya Seva Sahakari Sangha (N)

Year of establishment:1953
Names of villages covered : Amasebail & Rattady.

Board of Directors

Sri Sadananda Shetty.

President

Sri Shekhara Naik.

Vice President

Sri K.Krishnakumar Bhagavath

C.E.O

Directors

Sri Narayana Rao

Sri Manjayya Shetty N.

Sri Narasimha Shetty

Sri Sathish Hegde

Sri Gopala Poojary

Sri Thimmappa Poojary

Sri Dinesh Shettigar

Sri Akshath Kumar

Sri B. Praveen Kumar

Smt. Sujaya Hegde

Smt. Radhika

Sri Raghupathi Rao
(CO OPT Director)

Sri Nagaraja Poojary
(CO OPT Director)

Sri Chandrashekara Shetty
(SCDCC Bank LTD Representative)

Deposit Schemes

Fixed Deposit
Kamadhenu Cash Certificate
Reccuring Deposit
Saving Deposit
Current Account

Loan Schemes

All types of Short Term Agriculture Loans
All types of Mediam & Long Term Agriculture Loans
House Hold Loans
Non Agriculture Loans (MTNAP)
Vehicles Loans

Interest Rate Chart 01-10 - 2023

Sl. No.	Scheme	Period	Interest rate	Senior Citizen
1.	SB		3.00%	3.00%
2.	PIGMY		4.00%	4.00%
3.	RECURRING DEPOSIT		8.00%	8.00%
4.	COMPULSORY DEPOSIT		7.00%	7.00%
5.	Fixed Deposit
		31days-90 days	5.00%	5.50%
		91 days-6 months	6.00%	6.50%
		7-11 months	7.00%	7.50%
		12-24 months	8.00%	8.50%
		25 and Above	8.50%	9.00%
	Kamadhenu Cash Certificate 8years and 3 months double	Minimum 3 years	8.50%	8.50%

DL	2% Greater than Deposit Rates
JL	11.00%
PL	11.00%
OP	13.00%
OD	12.50%
HOUSE HOLD	10.00%
MTNAP	12.50%
VL	12.00%
HOUSING	11.50%
PERL	14.00%

Facilities and Services

Locker Facilities
Ration Shop with all items
Agriculture Equipemtns
Electric and Electronic Items
Deth Relief Fund
Group Accidental Insurance

Statistical Data as on 31-03-2024

1.	Number of Members	4925
2.	Share Capital	28527435.00
3.	Deposits	579992927.91
4.	Loans to Members	777213640.00
5.	Reserves	73342786.85
6.	Funds	27736620.32
7.	Borrowings from DCC bank	269886510.00
8.	Net Profit	7679356.34
9.	Audit Classification	`A`

Contact Details

Head Office

Amasebail Vyavasaya Seva Sahakari Sangha (N)
L.No. 743.
amasebailpacs@gmail.com
Amasebail Post & Villege Kundapur T.Q, Udupi District
Ph:08259-286236, Cell:9880231306,