Coyalmannam Service

+91 9446503800

Kuzhalmandam P.O, Palakkad

Open Hours

Mon - Fri: 9.30 am to 2.00pm, 2.30 pm to 3.30pm, Saturday 9.30 am to 1 pm Sunday: CLOSED, Every Second Saturday Holiday

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About Us

Who We Are?

The Coyalmannam Service Co-operative Bank Ltd. (No. F1195) was established as a primary credit co-operative society on 27/07/1946 under the Madras Co-operative Act of 1932. It began its operations on 05/08/1946. Later, it transformed into a service co-operative bank on 26/06/1961, and its banking operations commenced on 05/08/1961. The bank is located in Alathur, Palakkad, and primarily functions to accept deposits from the public while providing loans and advances to its members. The bank’s deposits have long been viewed as an excellent means of raising capital locally.

About Us

Who We Are?

The Coyalmannam Service Co-operative Bank Itd No F1195 was registered as a primary credit co-operative society in the yeat 27/07/1946 under the Madras Co-operative Act of 1932 and started its functioning on 05/08/1946. Later it became a service co-operative bank on 26/06/1961 and started its operation on 05/08/1961 The Coyalmannam Service Co-operative Bank is situated in Alathur in Palakkad. The main function of service co-operative bank is receiving deposits from public and lending loans and advance to members. The deposits locally have always being considered as an ideal method for raising capital

100

Secured assets portfolio

200

Business growth in one year

300

Growth in new customers every year

5000

Happy customers

Services Provide

What We Serve

Gold Loan Schemes

Our gold loan offerings are designed to provide quick and hassle-free financial support:
KCC Gold Loan: Tailored for farmers, this loan offers easy access to funds with attractive terms and conditions. It is designed to help farmers meet their agricultural needs with minimal paperwork.
Gold Loan Ordinary: A simple and quick loan solution where you can avail loans against your gold, with easy repayment options.
Gold Loan Special: Offers enhanced benefits with flexible terms for customers seeking larger loan amounts.
Gold Loan Super Special: This loan offers the maximum loan amount of up to ₹25 lakh, with affordable interest rates and flexible repayment options, ideal for those looking to leverage their gold assets.

Fixed Deposit Loans & Mortgage Loans

We provide various lending options to cater to your immediate financial needs:
Fixed Deposit Loans: Avail loans up to 85% of the value of your fixed deposits, providing you with quick liquidity without the need to break your investments. Mortgage Loans: We offer mortgage loans up to ₹20 lakh, secured against property, at an interest rate of just 12.5%. This service is ideal for those who wish to unlock the value of their real estate for financial needs.

Business Loans

Our business loan services are designed to support entrepreneurs and business owners in expanding and managing their operations. Whether it’s for working capital, expansion, or equipment purchase, we provide competitive rates and flexible terms to meet the diverse needs of businesses.

Mobile Banking Services

Shareholder Benefits

As part of our commitment to our valued shareholders, we offer a 10% dividend to A-class shareholders. Additionally, we maintain a low overdue percentage of just 1.62% as of March 31, 2024, reflecting our strong financial health and commitment to responsible lending.

RTGS/NEFT SERVICES

RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer) are electronic payment systems that allow funds to be transferred between banks in India. Both systems are available 24/7.

PAYMENT GATEWAY SERVICES

Payment gateway services allow businesses to accept and process payments from customers. They act as an intermediary between the customer and the business, securely transferring funds.