About Us
Karakulam Service COOPERATIVE BANK
Our mission is to remain the strong, sound and leading organisation in the cooperative credit structure and to be the backbone for the rural financial sector of Kerala.Through the efficient management of the organisation, it would aspire to function as a professional, profitable and socially responsible organisation ensuring the best service to its stakeholders and customers by providing good value for their money and thereby ensure accelerated development of the rural population.
| # | Term | % of Interest |
|---|---|---|
| 1 | 15 Days to 45 Days | 6% |
| 2 | 46 Days to 90 Days | 6.50% |
| 3 | 91 Days to179 Days | 7.25% |
| 4 | 180 Days to364 days | 7.50% |
| 5 | 12 Months to 23 Months | 8.25% |
| 6 | 2 year &above | 8% |
| 7 | 0.5% interest additional for senior citizen |
# Deposit Type % of Interest 1 Savings Deposit Interest 3.5% 2 Cash Certificate duration 120 months-(doubling scheme) 3 Recurring Deposit 7.25 For 120 Months 4 Small Savings Deposit 4% 5 Minors Savings Deposit 6% 6 Vidya Nidhi 4% 7 Minors Fixed Deposit As per slab 8 Current Deposit For Business Purpose, Unlimited Withdrawal 9 Locker Fixed Deposit
| # | Amount | Term | Total | Year |
|---|---|---|---|---|
| 1 | 1000 | 15 | 15000 | 2024 |
| 2 | 1000 | 25 | 25000 | 2024 |
| 3 | 2000 | 25 | 50000 | 2024 |
| 4 | 2500 | 40 | 100000 | 2024 |
| 5 | 5000 | 20 | 100000 | 2024 |
| 6 | 5000 | 40 | 200000 | 2024 |
| 7 | 10000 | 50 | 500000 | 2024 |
| 8 | 10000 | 30 | 300000 | 2024 |
| 9 | 20000 | 50 | 1000000 | 2024 |
| 10 | 10000 | 100 | 1000000 | 2024 |
Our Features
RTGS/NEFT
Safe Deposit Locker
High Interest Rates for Deposit
Our Services
Deposit Schemes
Business Loans
Chitty Funds
Personal Loan
Housing Loan
Vehicle Loan
Agricultural Loan
Gold Loan
Fixed Deposit
Kudumbasree Loans
Karshika Gold Loan
Kisan Credit Card
Sree Samrdhi Loan
SWOL (Muttatha Mulla)
Feel Happy
We invite you to visit and avail services from our reputed branches we believe, Cooperation among cooperatives. We are “working together, working for you,”.
Awesome Services
The bank has its presence of service on credit service for its members like, Personal Loan, Gold Loan, Vehicle Loan, Fixed Deposit, Savings Deposit, Recurring Deposit and Senior Citizen Deposit and also service on Non Credit segments for its members like, Neethi Medicals at the head office.
Call us
Call us today and feel the Personalized Banking Experience
0472 2887846
Branches Phone No:
Main Branch 0472-2888078
Vattappara 0472-2585167
Mukkola 0471-2531978
Venkode 0472-2585211
Vettikonam 0471-2371117
Vazhayila(Mng & Eve) 0471-2373708
Eanikkara (1st & 2nd) 0471-2370009
Maruthoor 0472-2998493
Nedumon, Maruthoor,
What people say about us
We have more than 42000 clients and counting.
“The staffs at the society are always helpful and will go above and beyond to help in any situation. I may not always ask the right question, but they stop and think about what I am trying to do and give me the right solution”
“Karakulam Rural Co-operative Society makes banking easy, convenient and hassle-free with their customer service options and their hospitality. They are truly a community Society where you are not just a customer but made to feel a part of the family