• Invest in Amaravathi 400 Days Deposit Scheme Get Rs.1000/- p.m. as Monthly Interest for Rs.1 Lakh FD*

  • We are sprawling our presence to Visakhapatnam, Vizianagarm, Srikakulam, West Godavari & Guntur Districts soon.

  • Welcome to Amaravathi MMACS Ltd-A Quasi banking MACS on fast growing path.

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Welcome to The Amaravathi Multi-Purpose Mutually Aided Co-Operative Society Limited, a New Generation Quasi Banking MAC Society.

The Amaravathi Multi-Purpose Mutually Aided Co-Operative Society Limited is incorporated and registered with Department of Co-Operatives, Andhra Pradesh under The Andhra Pradesh Mutually Aided Co-Operative Societies Act -1995 in 2017. Its registered Number is AMC/EGDT/DCO/2017/12. 

The Amaravathi MMACS Ltd is promoted by professional Ex-Bankers who are having 20+ years IN BFSI Sector experience. The Amaravathi MMACS Ltd is being run in the model of Quasi Banking. Thus, The Amaravathi MMACS Ltd is referred as New Generation Quasi Banking MAC Society

Quasi Banking: 

We do all functions of Banking (accepting deposits and lending  to a person who needs money (investor/borrower) at an interest rate) except issuance of  Cheques/Demand Drafts/Banker’s Cheques, Bank Guarantees under the Negotiable Instrument Act-1881. 

However, latest payment gateway technology empowered us to offer digital platforms like NEFT/RTGS transactions to our Customers with an agreement of Correspondent Banking

  • Become A Bank Mithra

  • Are you a Retired Employee/Insurance Agent/Home Maker/Chits Agents/ or any Freelancer, here is an opportunity to be a Bank Mithra. For a rewardful carrer and unlimited Money earning become a Bank Mithra Today. Call for further Details at + 91 8985211234

Cooperative Principles 

  • How to Join
  • It’s Very Easy if you wsih to  join our Amaravathi MMA Co-Operative Society as Member-Cum-Customer. You have to submit prescribed Application at our branches nearer to your.

Our Products

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