Established in 1922, we are serving in Akki Alur, Dist. Haveri, Karnataka, with an experience of more than 100 years in the field of banking. We have been serving clients ranging from individuals, firms, trusts, and corporate entities.

Reserve Bank Licence No. UBDKA-965 Dt. 10-2-1988
Reg. No. 22452/1962 Dtd. 19-01-1962
IFSC: UTIB0SAUB01
MICR: 581896501
The Akki Alur Urban Bank Building

Our Founding Chairman

Lingappa Basappa Kubihaal

Lingappa Basappa Kubihaal

1922 - 1943

Founder and first Chairman of The Akki Alur Urban Co-operative Bank, establishing a legacy of trust and service that continues to this day.

Our Facilities

Deposit Products
Kalpavrukhsa Cash Certificate Deposit (KCC Deposit)
Cumulative Deposit (RD)
Pigmy Deposit (Daily Deposit Collection / DDC)
Savings/Current Account
Fixed Deposit
Deposit Interest Rates (Effective 11.02.2023) Rate
30 Days to 45 Days4.50%
46 Days to 90 Days5.50%
91 Days to 180 Days6.00%
181 Days to 364 Days6.25%
1 Year and Above6.50%
Senior Citizen (Additional)+2.00%
Savings Bank Deposits3.00%
Loan Products
Mortgage Loan
Warehouse Receipt Loan
Personal Loan
Vehicle Loan
Home Loan
Business Loan
Gold Loan
Loan Interest Rates Rate
CC & Hypothecation14.00%
Vehicle Loan12.00%
Gold Loan9.99%
Surety Loan14.00%
Mortgage Loan14% + Extra
House Construction Loan9.90%
Godown/Warehouse Receipt Loan14.00%
Additional Services
Safe Deposit Lockers
Additional Interest for Senior Citizens on Deposits
Collections of Cheques, Bills, Hundies, etc.
Bill Discounting for Traders
24/7 Customer Care Support

Loan Charges & Fees

Loan Type Charges
Cash Credit Loan
  • 1% Incidental Charges on Loan Amount
  • 18% GST on Incidental Charges
  • 2.5% Share on Loan Amount
Surety Loan
  • 1% Incidental Charges on Loan Amount
  • 18% GST on Incidental Charges
  • 5% Share on Loan Amount
Godown Loan
  • 1% Incidental Charges on Loan Amount
  • 18% GST on Incidental Charges
Mortgage Loan
  • 1% Incidental Charges on Loan Amount
  • 18% GST on Incidental Charges
  • 2.5% Share on Loan Amount
Gold Loan
  • 0.5% Insurance on Gold Value
  • 18% GST on Insurance
  • 0.15% Saraf Valuation Charge (Min. ₹20)
OD on Gold Loan
  • 1% Incidental Charges on Loan Amount
  • 18% GST on Incidental Charges
  • 0.15% Saraf Valuation Charge (Min. ₹20)
Vehicle Loan
  • 1% Incidental Charges on Loan Amount
  • 18% GST on Incidental Charges
  • 2.5% Share on Loan Amount
  • 0.225% DD Commission + 18% GST
  • Stamp Paper ₹500 for Loan Agreement
  • 0.5% Stamp Duty on Loan Amount
  • B-Extract: ₹350
House Construction Loan
  • 1% Incidental Charges on Loan Amount
  • 18% GST on Incidental Charges
  • 2.5% Share on Loan Amount
Service/Item Charge
Cheque Book —
   Savings Bank Account ₹59
   Current Account ₹118
   Cash Credit ₹118
   OD on Gold Loan ₹118
Duplicate Passbook ₹59
NOC Charge ₹59
SMS Alerts (Annual) ₹59
Folio Charges (Annual) ₹118

Our Leadership

Shanmukhappa S. Muchchandi

Shri Shanmukhappa S. Muchchandi

Chairman
Sidramappa C. Virupannavar

Shri Sidramappa C. Virupannavar

Vice Chairman

Our Board of Directors

Verabhadrappa V. Uppin

Shri Verabhadrappa V. Uppin

Director
Mallikarjun M. Kambali

Shri Mallikarjun M. Kambali

Director
Totappa V Tuppad

Shri Totappa V. Tuppad

Director
Shakunthala U Kubihaal

Smt Shakunthala U. Kubihaal

Director
Kotthuru Basappa Bellad

Shri Kotthurubasappa Bellad

Director
Jagannath P Babaji

Shri Jagannath P. Babaji

Director
Basavaraj M. Kori

Shri Basavaraj M. Kori

Director
Banappa H. Lamani

Shri Banappa H. Lamani

Director
Sujata S Pasarad

Smt Sujata S. Pasarad

Director
Vidya P. Mirji

Smt Vidya P. Mirji

Director
Kavita F. Kanneshwar

Smt Kavita F. Kanneshwar

Director
Shiva Yogi S Jabin

Shri Shivayogi S. Jabin

Professional Director
Girish M Kundapur

Shri Girish M. Kundapur

Professional Director
Vidya B. Goudappanavar

Smt Vidya B. Goudappanavar

Chief Executive Officer

Our Team

Vidya B. Goudappanavar

Smt Vidya B. Goudappanavar

Chief Executive Officer
S. S. Bammigatti

Shri S. S. Bammigatti

Internal Advisor
V. R. Shirur

Shri V. R. Shirur

Senior Assistant
Pallavi V. Korishettar

Smt Pallavi V. Korishettar

Junior Assistant
Aishwarya Javali

Smt Aishwarya Pavali

Junior Assistant
N. B. Sindhur

Shri N. B. Sindhur

Pigmy Agent
V. R. Kollavar

Shri V. R. Kollavar

Attender

Press Releases & Documents

Annual Report & Balance Sheet 2025-26

Official financial statement and annual report

Get In Touch

Location

Akki Alur
District: Haveri, Karnataka

Working Hours

Monday - Friday: 10:30 AM - 4:30 PM
Lunch Break: 2:30 PM - 3:30 PM
Transactions: 3:30 PM - 4:30 PM
Saturday & Sunday: Closed

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The Akki Alur Urban Co-operative Bank is registered with DICGC

www.dicgc.org.in
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