Loans & Advances

General Conditions

  • Must be a share holder of the Bank.

Eligibility

  • All who have a resident (permanent) or employed or own Land in the Kanayannur Taluk, Vadavukode Puthecruz Panchayath in Kunnathunadu Taluk and Elamkunnappuzha, Njarakkal, Nayarambalam, Edavanakkadu, Kuzhuppilly, Pallippuram Panchayath in Kochi Taluk in Ernakulam Dist. Kerala can purchase the Bank's share.

  • Those firms ( Partnership firms & Public Ltd Co's ) whoes Reg. office in the Kanayannur Taluk , Vadavukode Puthecruz Panchayath in Kunnathunadu Taluk and Elamkunnappuzha, Njarakkal, Nayarambalam, Edavanakkadu, Kuzhuppilly, Pallippuram Panchayath in Kochi Taluk in Ernakulam Dist. Kerala can also purchase shares from Bank.

  • Must remit the cost of one share plus admission charges (Face value of one A Class share = Rs.25 (for individuals) and B Class share = Rs.1000 (for firms)