About Us

Varadiam Service Co-Operative Bank Ltd. No. 575

The present Varadiam Service Co-op Bank Ltd No 575 was initially established on January 20, 1947, as the Varadiam Azad Mutual Aid Co-operative Society with 37 members. This was before India gained independence. Over the past 78 years, it has grown to become one of the leading financial institutions in Avanoor Panchayath in the Thrissur district of Kerala State.

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Facilities

Experience Seamless Banking

Banking Activities

Banking activities include accepting deposits from individuals and lending these collected funds as loans to various members.

Deposits

Various types of deposits received like Saving Bank, Fixed Deposits, Daily Deposits, Recurring Deposits, Special Cumulative Deposit schemes etc.

Loans

Various types of Short Term, Medium Term and Long Term Loans like STOL, MTOL, OD, Housing Loan and KCC loans for Agricultural issuing to Members

Safe Deposit Locker

Our safe deposit locker service offers a highly secure storage space that you can avail from the bank free of cost. It's like owning a private, secure box within an ultra-safe vault.

Monthly Savings Schemes

Monthly Savings Schemes (MSS) are innovative financial products designed to encourage collective saving and borrowing among members of a group, often leading to better interest rates and loan terms compared to individual accounts.

Neethi Medical Store

In the Thrissur Medical College hospital campus at Mulankunnathukavu, a 24-hour Neethi Medical store operates, offering medicines at discounts ranging from 10% to 50%.

Fertilizer Store

One Fertilizer store working in Varadiam for Issuing Fertilizer to Agricultural Farmers on discounted rate.

AC Seminar Halls and Two AC auditorium

Providing AC Seminar Halls and Two AC auditoriums on discounted rate to members.

All Seasonal Fairs

Fairs like Vishu, Onam X mas and njattuvela fairs conducting and organizing exhibitions, Seminars and cultural programs for welfare of members

167 Cr

Deposits

146 Cr

Loans

80 Cr

Investments

11411

Members

25000+

Customers

Loans/Deposits

Managing Finances Smartly

Secure your future with tailored bank loans and grow your savings with high-interest deposits.

Deposits

Various types of deposits received like Saving Bank, Fixed Deposits, Daily Deposits, Recurring Deposits, Special Cumulative Deposit schemes etc.

Read More
Loans

Various types of Short Term, Medium Term and Long Term Loans like STOL, MTOL, OD, Housing Loan and KCC loans for Agricultural issuing to Members

Read More
Interest Rates

Rates & Charges

Starting from

4%

Savings

Upto

8.50%

Fixed Deposit

Starting from

5.90%

Loans

For prompt repayment

5.00%

INTEREST REBATE