Loans & Fixed Deposits

Our society is affliated to the State and Distrcit-Corpoartive banks. We are share holders of pathanamthitta district coorparative banks as well. Os what ever the fixed dipostie coming to us will be garuatted by distrcit coorptative banks. We have over draft facilities and advance facilites up to 150 times of our paid up share capital.We have already srated accoeting Fixed Deposits. We are giving 0.5% extra intrest than any other sceduled banks for our depositors. For senior citizens again 0.5% extra intrest.Loans have been started issuing for housing, purchase of land and property, marriage of children, self employment schemes etc. We have ammented our By-Laws to start saving bank account facilities to our members and it is under process in district and state corporative departments. We expect to start with in few months time.