Latest updates
News & circulars.
Welcome
A cooperative built around your trust.
NITYA VIKAS is a mutually aided cooperative thrift and credit society — registered in Andhra Pradesh. We help members cultivate savings habits and access responsible credit through member-only deposits and secured loans, governed by our society rules and applicable cooperative norms.
From saving and current accounts to fixed, recurring, daily and monthly income deposits — our schemes are designed around how members actually save. Interest and benefits are offered under society circulars, in accordance with RBI, Ministry of Corporate Affairs, and regulatory guidelines.
- Andhra Pradesh Registered cooperative society
- Member-only Deposits & secured loans for members
- Transparent & secure Operations under society rules & MCA norms
Deposit schemes
Save with confidence, every step.
6 thoughtfully designed deposit products — choose what suits your habit, your tenure, and your goals.
Saving Deposit
Flexible savings account
View schemeCurrent Deposit
A current account keeps your business moving — deposits, withdrawals, and payments handled with the flexibility members need.
View schemeFixed Deposit
Assured returns on your savings
View schemeRecurring Deposit
Monthly instalment savings
View schemeDaily Deposit (pigmy)
Daily collection scheme
View schemeMonthly Income Scheme
Regular monthly payouts
View schemeSecured loan schemes
Borrow with clarity.
Secured loan, group, personal, startup, and micro facilities, plus business finance, mortgage, and loan against deposit — each is sanctioned under the society's documented loan policy.
Secured loan
Other secured loan products offered under society rules and regulatory limits.
Secured group loan
Secured credit for registered member groups with joint liability and approved collateral as per society policy.
Secured personal loan
Secured personal-purpose credit for eligible members against approved security and documented repayment capacity.
Secured startup loan
Secured finance for new ventures and early-stage business initiatives by eligible member entrepreneurs.
Secured micro loan
Small-ticket secured facilities for micro enterprise and household needs within policy limits.
Secured business loan
Secured business finance backed by immovable property and assessment as per society guidelines.
Secured mortgage loan
Secured loan against mortgage of immovable property for approved purposes.
Secured loan against deposit
Secured borrowing against your fixed or recurring deposits without premature withdrawal, as per policy.
How it works
Becoming a member, in three simple steps.
Visit the branch
Walk in to your nearest branch with a valid identity and address proof — the team will explain the available products at no obligation.
Open membership
Complete simple KYC and choose a starting deposit — saving account, current account, RD, FD, daily or monthly income — that fits your habit.
Save or borrow
Use member-only deposits and secured loans, with operations recorded transparently as per the society's rules.
Plan ahead
Quick calculators.
Estimate maturity, monthly instalments, and EMIs in seconds. Final figures are confirmed at the branch counter.
Fixed deposit calculator
Pick a NITYASAMRDDHI plan, your deposit amount and customer type — we’ll show the indicative maturity using quarterly-compounded interest, the same basis used by the society’s legacy calculator.
Open calculatorRecurring deposit calculator
Same fields as the society’s legacy RD tool: deposit date, UTTAM plan, customer type, and monthly amount. Maturity is estimated by compounding each instalment quarterly until the plan ends — illustrative only; confirm at the branch.
Open calculatorPigmy (daily deposit) calculator
Same structure as the society’s legacy daily calculator: start date, plan (100–365 days), customer type, and daily deposit amount. Totals are illustrative using quarterly compounding on each day’s instalment — confirm with the branch before you commit.
Open calculatorMIS calculator
Same fields as the legacy MIS tool: deposit date, VIKAS tenure plan, customer type, and one-time deposit amount. Maturity figures use the same quarterly-compounding lump-sum model as our FD calculator — illustrative; monthly payout rules and TDS follow branch circulars.
Open calculatorLoan calculator
Mirrors the legacy loan tool: start date, loan product, ROI, amount, tenure in months, instalment frequency, interest type (flat vs declining balance), and with or without EMI. Figures are illustrative — sanction, charges, and repayment holidays follow board policy and your sanction letter.
Open calculator