Insurance Products

Bancassurance Tie-ups for Life and Non-Life Insurance Solutions.

Andhra Pradesh Mahesh Co-operative Urban Bank Ltd. had tied up with Max Life Insurance Company limited, Life Insurance Corporation of India and The New India Assurance Co., Ltd., for extending life and non-life insurance solutions to the customers. The details of Insurance Companies with their credentials are given in the below links..

IRDAI Certificate Registration No.of Andhra Pradesh Mahesh Co-operative Urban Bank Ltd. is CA0105.


IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus.
  • Public receiving spurious phone calls,fictitious / fraudulent offers and informing against the above facts,are requested to lodge a police complaint along with details of phone call, number.
  • "Insurance is the subject matter of solicitation"

To contact any of our branches for further details Click here

Basic Savings


No Minimum Balance, No initial deposit to open the account.

No restrictions like Age, Income Criteria for opening BSBD Account.

All provisions of KYC, AML, PML are applicable.

Passbooks are given free.

Maximum of Four withdrawals in a month including ATM withdrawals;

RuPay ATM Cum Debit Card with Accidental Insurance of Rs. 1.00 Lac free

No charges for all the above facilities



The Hon’ble Prime Minister in his Independence Day Speech on 15th August, 2014 announced a comprehensive program of Financial Inclusion targeting the large number of people who are currently deprived of even rudimentary financial services. The PradhanMantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account.