Who we Are
Who We Are
The Kadirur Service Co-operative Bank Ltd
The Kadirur Service Cooperative Bank Ltd (No. F 1262), registered on 26th January 1956 and operational from 31st January 1956, was founded to enrich the agricultural prosperity of Kadirur. Today, it successfully fulfils its social mission by contributing to the holistic development and welfare of the people while enhancing the economic security of the villages within its jurisdiction.
Established in 1956, Kadirur Service Cooperative Bank has played a significant role not only in strengthening the economic stability of the region but also in advancing its social mission of supporting community development and welfare. Located in the fertile lands of Kadirur—a region renowned for its agricultural heritage—the bank has been a beacon of hope for the local community, providing financial assistance and support for various needs.
The name “Kadirur” itself reflects the region’s rich agricultural history, with the abundance of ‘Kathirculas’ symbolizing the fertile soil ideal for rice cultivation. Over the years, the bank has become an integral part of the community, offering a wide range of financial services tailored to its members’ diverse needs. From savings and loans to insurance and investment options, the bank has empowered the people of Kadirur to achieve their financial goals.
Beyond economic prosperity, the bank has actively engaged in social initiatives to enhance community wellbeing. Whether supporting educational programs, organizing healthcare camps, or promoting sustainable farming practices, Kadirur Service Cooperative Bank has consistently led efforts that benefit society as a whole.
Additionally, the bank has fostered unity and cooperation among community members. By upholding the principles of mutual aid and collective growth, it has strengthened the region’s social fabric, creating a culture of inclusivity and collaboration.
Kadirur Service Cooperative Bank stands not only as a pillar of economic stability but also as a catalyst for social progress. Its unwavering commitment to serving the community and improving lives has made it a trusted and respected institution. As the bank grows, it remains dedicated to its social mission, ensuring a lasting positive impact on Kadirur and its people.
The Kadirur Service Cooperative Bank Ltd currently serves 1,20,847 members, managing a share capital of ₹30 crores, deposits worth ₹510 crores, and borrowings of ₹133 crores, with ₹548 crores in outstanding loans and a 5% NPA ratio; prioritizing creditworthy borrowers, the bank offers a 5% interest concession to consistent repayers and declared a 12% dividend and ₹4.75 crores net profit for FY 2023–24.
Kadirur Service Cooperative Bank exemplifies exceptional growth and operational diversity. Through strategic vision and inclusive services, we’ve significantly expanded our market presence and community impact.
Kadirur Service Cooperative Bank exemplifies exceptional growth and operational diversity. Through strategic vision and inclusive services, we’ve significantly expanded our market presence and community impact.
Our History
Our Milestones
2010
Our Most Efficient Year
In 2010 we received “ISO 9001-2015” certificate for the best services We won the ‘Best excellence ‘ from New York based Rajiv Gandhi Peace Foundation in 2009
Why Choose Us
Reason For Choosing Us
ISO 9001-2015 Certified Bank
This certification instills confidence in customers, stakeholders, and regulatory bodies by showcasing the bank's commitment to delivering high-quality services and maintaining operational excellence.
Trust and Reliability
Over the years, the bank has earned the trust of the community through transparent practices and reliable financial services.
Security and Privacy
Prioritizing the confidentiality of customer information, Kadirur Bank ensures robust security measures to safeguard financial transactions and data.
