Mutual Funds

The Bank has entered into a tie-up with the Reliance Mutual Fund, which is a 100% subsdiary of Reliance Asset Management Ltd.

Customers can avail this facility at any of our branches.

To contact any of our branches for further details click here

An open ended equity growth scheme through Reliance Mutual Fund. Growth & Vision, your key to success. Invest in mutual fund through Andhra Pradesh Mahesh Co-operative Urban Bank.

Reliance Mutual Fund Services details:

Andhra Pradesh Mahesh Co-operative Urban Bank customers can avail the following services provided by Reliance Mutual Fund:

Pull SMS services: send sms to 9664001111

Type of facility

Single Folio Number

Multiple Folio Numbers


sms mynav

sms mynav<space>last 6 digit folio number


sms balance

sms balance<space>last 6 digit folio number

Last 3 Transactions

sms txn

sms txn<space>last 6 digit folio number

Statement through mail

sms ESOA

sms ESOA<space>last 6 digit folio number

Office Address of Reliance Mutual Fund: 1-11-252/6 & 7/ A& B, 2nd Floor, Gowra Klassic, Begumpet, behind Shoppers Stop, Hyderabad-500016

Customer service Help Desk & call us on 040-30916582

Toll free no. : 180030011111

Tel: 30301111

Redemption : 10 working days.

Registration/Modification/Cancellation of SIP: 21 working days.

Note : If an investor does not mention SIP start date or the SIP start date is unclear in the application from/SIP mandate, the SIP date will be by default, start from the next subsequent month after meeting the minimum registration required of 21 working days.

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.