NON AGRICULTURAL FINANCE
In the changed scenario of Banking industry, Apex Bank is playing vital role in providing agricultural finance as well as Non Agricultural finance i.e. financing for fertilizer, distribution, marketing of crops, establishment of Co-operative Industrial Units and financing to individuals, so that profitability of the Bank could be increased and Madhya Pradesh State could attain adequate growth in industrial development.
FINANCING FOR DISTRIBUTION OF CHEMICAL FERTILIZERS
To encourage the agriculture production loans, the financing for distribution of chemical fertilizers is a major activity. Apex Bank is providing working capital loans to Apex Marketing Federation, IFFCO and other Institutions for the purpose.
FINANCING FOR WORKING CAPITAL
The cash credit limits for working capital requirements of National and Apex level Co-operative Institutions, other than Co-operative Institutions, regional Co-operative Institutions, are being met by Bank.
FINANCING FOR ESTABLISHMENT OF AGRO-BASED CO-OPERATIVE INDUSTRIAL UNITS
With a view to ensure profitable deployment of surplus resources available with the bank, funding for establishment@expansion of agro-based co-operative Industrial units is being done by the Apex Bank.
CREDIT LIMITS FOR PROCUREMENT & MARKETING OF VARIOUS AGRICULTURAL PRODUCE
The procurement and marketing operations of various agricultural produce have been undertaken by Co-operative Marketing Societies, due to which the farmers could get remunerative prices of their produce. For the aforesaid purposes credit limits of are sanctioned to District Central Co-operative Banks which are utilised adequately.
FINANCIAL ACCOMMODATION FOR PUBLIC DISTRIBUTION SYSTEM
The work of public distribution system has been entrusted to Primary Co-operative Societies affiliated to the District Central Co-operative Banks. In the successful implementation of the Public Distribution System, the major contribution is timely funding by Apex Bank.
FINANCIAL ACCOMMODATION FOR WEAVERS & INDUSTRIAL CO-OPERATIVE SOCIETIES
The Primary Weavers and Industrial Co-operative Societies are playing prominent role in providing employment to the weavers and the rural artisans of the state. The Apex Bank, with the help of DCCBs is meeting out the credit requirements of these societies at concessional rate of interest either from own resources or through refinance from NABARD.
FINANCIAL ACCOMMODATION TO OTHER INSTITUIONS/SOCIETIES
Financial requirements of Food Corporation the India & various State Govt. under Food credit consortium, construction work educational Institutions and Salary Earners Societies for financing to its members and other institution etc. are also being met by Apex Bank on the basis of prescribed guidelines.
LOANS AGAINST PLEDGE OF ORNAMENTS
With a view to save the rural masses from the exploitation of private money lenders, the Central Co-operative Banks are playing vital role in providing loans against pledge of gold/silver ornaments to the members of Primary Co-operative Societies, small and marginal farmers etc.