The Karakulam Co-operative Society was registered on 03/06/1950 and its functioning was started on 01/08/1950. The founder of this organization was Mr. Velappan Nair and also he was the first president of this organization. The Karakulam Co-operative Society has its working jurisdiction that covers the whole area of Karakulam Grama Panchayath. The society has its headquarters at Karakulam.

The main objective of the Society is to encourage tactical and cooperative behaviour among the members and also the society promote cooperative principles and develops plans to bring it into the best possible way. For providing agricultural, industrial, employment, educational, and trade loans to our members, the society borrows loans from Government, NABARD, NCDC, State Co-operative Bank, District Co-operative Bank, and other financial institutions. More than that, society is also organizing activities for improving members’ finances and family life. The society is taking special care to organize activities that promote the cottage industry and small industries


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70Years of Service
500KHappy Customers



Our strategy

Our strategy is to serve the real economy needs of our corporate, institutional, asset management & private clients, providing services in transaction banking, corporate finance, asset management, wealth management & retail banking.

Our Business

We believe in forming life-long partnerships with you. We ensure that each client experience is personal and Out of the Ordinary. If you are a young professional, CA, entrepreneur or high net-worth individual, we have the banking solution for you.

Our Roots

The Karakulam Co-operative Society was registered on 25/06/2004 and started its functioning on 07/07/2004. The Society has its working jurisdiction covers whole area of Karakulam The society has its headquarters at Karakulam

Our Responsibility

We have the highest responsibility for the dignity of all people. We respect each other and recognise that there are corresponding obligations associated with our individual rights.

Our Mission

We strive to create the best outcomes for our clients and customers with financial ingenuity that leads to solutions that are simple, creative and responsible. Haritha tourism also takes place in KASCO Village

Our Vision

Our vision is to do everything in our power to ensure that we provide our customers with the products, services and solutions to suit their needs, provided that everything we do for them is based on sound business principles.

Get your cash. Let’s grow together.

Our bank officers are always ready to help you, to select a loan that best fits your need and requirement.




S S Rajalal


B Biju


Adarsh B S

Board Member

Anil Kumar.P.S

Board Member


Board Member


Board Member

Mohanan Nair.N

Board Member


Board Member

Suresh Kumar.N

Board Member


Board Member

Shyma Beegam.M

Board Member


Board Member


Board Member


Board Member

Our Values

What is Co-operative

Cooperatives are people-centred enterprises owned and run by and for their members to realise their common dreams. Cooperatives bring people together in a democratic and equal way. Whether the members are the customers, employees, users or residents, cooperatives are democratically managed by the ‘one member, one vote’ rule.

Co-operative Principles
  • Open & voluntary membership
  • Democratic Member Control
  • Members economic Participation
  • Autonomy & Independence
  • Education Training & information
  • Cooperation Among Cooperatives
  • Concern for community
Co-operation among Co-operatives

Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, national, regional and international structures.

Why Banks matter?

The world is changing. To shape this change, you need a vision, a plan and a bank. As a key component of the financial system, Co-operative banks helps to solve financial problems in a simpler & more efficient way by making a better capital.

Positive Impact

For plans, ambitions & dreams.
To enable economic growth & societal progress, we help people to take care of their future, for themselves and for their families.