The Medak DCCB with its head quarters at Sangareddy was established in the year 05-11-1957 affiliated to Telangana State Coop Apex Bank Ltd., Hyderabad is one of the pioneering institutions in the State of Telangana catering to the needs of agriculture credit of the farming community of the Medak district which is considered to be the fast developing district in the state of Telangana. The bank provides loan to the farming community in the district for Agricultural production for mainly sugarcane, Groundnut, and paddy crops and development credit for minor irrigation farm mechanization Horticulture, Dairy, Poultry, sericulture etc., weavers through Hand loom and silk weavers credit societies. Apart from Rural development, Bank provides assistance for SHGs, RMGs, SGSY, weavers groups and govt sponsored schemes.
The bank provides banking services to semi urban and rural Population through its attractive deposit schemes, safe deposit lockers, cash credits, insurance facilities gold loans, housing loans and other services.
The Core Banking Solutions (CBS) introduced in DCCB Medak. The bank has opened up various e channels like RTGS, NEFT, CTS, APBS, and DBT facilitating the urban and rural clientele to take benefit of speedy transfer of funds.