The Kuttiyeri Service Co-operative Bank, initially registered as a multipurpose co-operative society on March 13, 1914, underwent a transformation into a cooperative society on November 5, 1961. Since March 7, 1980, it has been functioning as a cooperative bank. The Kanhirangad branch commenced its operations on February 25, 1990, followed by the Talor Pushpagiri branch on January 1, 1999, and the Karkk branch on December 6, 2004. Additionally, the main branch at Vellavu has been operational since May 1, 1997.
We provide wide rage of financial assistance programs, which will satisfy banking needs of a common man.
The Kuttiyeri Service Co-operative Bank, initially registered as a multipurpose co-operative society on March 13, 1914, underwent a transformation into a cooperative society on November 5, 1961. Since March 7, 1980, it has been functioning as a cooperative bank. The Kanhirangad branch commenced its operations on February 25, 1990, followed by the Talor Pushpagiri branch on January 1, 1999, and the Karkk branch on December 6, 2004. Additionally, the main branch at Vellavu has been operational since May 1, 1997.
The Kanhirangad branch, Talora Pushpagiri branches, and the Karkka branch were fully computerized on April 1, 2002, April 1, 2004, and December 1, 2004, respectively. The bank's branches are interconnected, facilitating smooth coordination, and the Core Banking System is in place to manage transactions and interactions.
We have wide rage of deposits schemes, like Fixed deposit 15 days, Fixed deposit 46 days to 90 days, Fixed deposit 91 days to 179 days etc... Interest Rates varying from 4.75% to 6.50%.
We also give priority to non banking facilities and services like Sale of Fertilizers & Pesticides, Sales of Agricultural Inputs, Dialysis Center, Neethi Medical Store etc...
Our loan schemes are generally meant for Small and Medium size industries, business firms, agriculturists, salaried class, labourers etc. and is aimed to cover almost all the sections of people of our area.
Rainbow is the perfect mobile banking app for anyone who wants to manage their finances on the go. With Rainbow, you can easily check your balance, transfer funds, pay bills, deposit checks, and more. You can also set up alerts and notifications so you're always up-to-date on your finances.
Here are some of the features of Rainbow:
| SL No | Period of Deposit | Individuals and Institutions | Senior Citizen |
|---|---|---|---|
| 1 | 15 Days to 45 Days | 6.00% | 6.50% |
| 2 | 46 Days to 90 Days | 6.50% | 7.00% |
| 3 | 91 Days to 179 Days | 7.25% | 7.75% |
| 4 | 180 Days to 364 Days | 7.50% | 8.00% |
| 5 | 365 Days to 729 Days | 8.25% | 8.75% |
| 6 | 730 Days to 20 Years | 8.00% | 8.50% |
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