Registered cooperative credit society

About Us

Built on trust, run for our members.

The company Deposit schemes Loan schemes

Companies Act, 1995

Mutual benefit

society guidelines

Member-only services

The company

Who we are

NITYA VIKAS MUTUALLY AIDED COOPERATIVE THRIFT AND CREDIT SOCIETY LIMITED. is a mutual benefit company carrying on the business of a non-banking financial institution. Mutual benefit companies are incorporated under the Indian Companies Act, 1995.

It is a non-banking financial company doing the business of lending and borrowing with its members or shareholders. The government has set up law for the security of deposits in the company, to which compliance is legally required.

To encourage and afford all facilities for cultivating thrift and savings habits, and to render all financial assistance to its members only by receiving long and short term deposits and in particular recurring deposit, fixed deposit and other deposits, not being current accounts from the members, as are allowed by law for mutual benefit.

In NITYA VIKAS MUTUALLY AIDED COOPERATIVE THRIFT AND CREDIT SOCIETY LIMITED. you can trust your dreams turning into reality and living them by investing wisely. In order to help your dreams be realised we are continuously trying to grow ourselves and make our presence felt even beyond geographical boundaries.

We are committed to the growth of our society and our members by rendering our best services.

Our direction

Vision & mission

Our vision

NITYA VIKAS MUTUALLY AIDED COOPERATIVE THRIFT AND CREDIT SOCIETY LIMITED. aims to be a leading cooperative credit society in Andhra Pradesh, supporting the development of small households and micro, small and medium borrowers and the financial inclusion of the population of Andhra Pradesh. We keep our market position as a leading financial service provider for households and micro, small and medium borrower customers, and we seek a sustainable impact and financial return for investors.

Our mission

The mission of NITYA VIKAS MUTUALLY AIDED COOPERATIVE THRIFT AND CREDIT SOCIETY LIMITED. is to contribute to the sustainable development of Andhra Pradesh by providing responsible financial services and solutions to households and micro, small and medium borrowers while adopting recognised best cooperative practices. We are committed to delivering value for our members, shareholders, employees, and society at large. The mission is based on our social and environmental responsibility.

Why members trust us

What defines our society

These pillars follow from our company objects and the legal framework within which a mutual benefit cooperative society operates.

Mutual benefit company

Incorporated under the Indian Companies Act, 1995, carrying on business as a non-banking financial institution for the benefit of members.

Member-only focus

Deposits and loans are structured for members and shareholders, in line with mutual benefit rules.

Deposit security

The law provides a framework for the security of deposits in the company; we operate within that framework.

Long-term commitment

We work to grow responsibly and to extend our presence while serving members and the wider community.

Branch

NITYA VIKAS

Contact person: DURGAPRASAD

Contact no: 8985300806

DO No. 15-19-40, 1st Floor, Opp. Kanyaka Parameswari Temple, Main Road, Old Town, Repalle — 522265

Head office: 15-19-46, 1st Floor, Opp. Kanyakaparameswari Temple, Main Road, Old Town, Repalle, Bapatla Dist., Andhra Pradesh — 522265

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Safe banking

Security tips for safe banking

Never respond to fraudulent calls asking for remote access.

Change your internet banking password at periodical intervals.

Always use the official website or mobile application for banking.

Never share username, password, OTP, CVV, card number and PIN with anyone.

Remove all temporary internet files after using internet banking services.

Do not click on any links in any e-mail message to access the official site — type the URL or use a bookmark.

Latest updates

News & circulars

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Next step

Become a member or know your scheme

Visit your nearest branch or our head office, or reach us by phone or email.