The DCCB launched the Sowbhagya Fixed Deposit Scheme, offering 8 per cent interest to the general public and 8.5 per cent interest for womenfolk and citizens
KARIMNAGAR, OCTOBER 18, 2025: The Karimnagar District Cooperative Central Bank (DCCB) has been campaigning rigorously as part of a deposit mobilisation campaign in the integrated Karimnagar district to attract customers to invest in the KDCCB to reap riches with highest rate of 8.5 per cent for womenfolk and senior citizens through Sowbhaygya Fixed Deposit scheme, which was launched on October 13, 2025 and continue till March 31, 2026.
As part of the campaign, the Karimnagar DCCB CEO N Satyanarayana Rao, general manager B Sridhar, AGMs, branch managers, assistant managers, staff assistants and others participated in the deposit mobilisation campaign at Ambedkar stadium in Karimnagar town by interacting with the morning walkers on Saturday. The KDCCB employees distributed pamphlets to the walkers. The bank employees also walked along with the walkers and explained the importance of investing in Karimnagar DCCB to reap riches with the highest rates for their deposits.
Speaking on the occasion, DCCB CEO N Satyanarayana Rao enlightened the walkers about the history of the bank, which was the first bank established in the year 1921 in the integrated Karimnagar town. He said that the Karimnagar DCCB had emerged as a role model cooperative bank in the country by winning several national awards consecutively for the last nine years.
Explaining that the Karimnagar DCCB was providing all the services on par with any commercial bank in the district, he appealed to the deposit their amount for safe custody and benefit the farming community and the money would be circulated within the old Karimnagar district by providing loans to various sections of society. He also informed the NPA of the below 0.54 per cent and earning huge profits of more than Rs 119.31 crore, and the business crossing over Rs 7,000 crore during the last financial year.
The staff members supported the drive wholeheartedly and are in “sync” with the management. DCCB Director Anugu Tirupati Reddy, DCCB general manager B Sridhar, TCCBEA district president G Hanumantha Rao, secretary Raju, Managers K Sunil, Sharada and others also participated in the campaign. TCCBEA Karimnagar president G Hanumantha Rao and others were also present.
