Kannur District Co-operative Bank

  About us

The Kannur District Co-operative Bank Limited is the central financing agency in the district under the 3 tier short term Co-operative credit structure existing in the State of Kerala. As a recognition of our profound performance, the Bank had been awarded BEST PERFORMANCE AWARD OF NABARD consecutively for the three years.

In the years 1997-98, 1998-99 and 1999-2000. We are the only District Co-operative Bank in the state and one among the few DCBs at all India level that have been honored by NABARD for 3 years continuously.

As a recognition of our profound performance, the Bank had been awarded BEST PERFORMANCE AWARD OF NABARD consecutively for the three years. In the years 1997-98, 1998-99 and 1999-2000. We are the only District Co-operative Bank in the state and one among the few DCBs at all India level that have been honored by NABARD for 3 years continuously. The Bank has also been awarded Trophies by Kerala State Co-operative Bank for the last several years for mobilization of deposits. Thus we are one among the best in District Co-operative Banks at the national level. The Bank being holder of RBI license is committed to serve the general public with much more endeavor and enthusiasm.

With the net work of Primary Agriculture Co-operative Societies we have been accounting for more than 50% of the total credit flow under priority sector in the district.

Under priority sector, our major contribution is towards short-term crop loan under kissan Credit Card scheme which alone accounts for nearly 200crores. To make available timely and adequate credit to farmers particularly for Seasonal Agricultural Operations in a hassle free manner NABARD has introduced KCC scheme and which is in operation in the district for the last several years.

Banana, Rubber, Tapioca, Plantain, Ginger, Coconut, Areca nut, Paddy and Pineapple are the major crops covered under the scheme. At present we are providing credit @ 6.25% interest for the above purpose to Primary Agricultural Societies for disbursing credit to ground level farmers. Besides short term crop loan, medium and long term loan for investment credit for agricultural purpose have been provided on a large scale. Land Development, Soil Conservation, Minor irrigation, Watershed Development, Rain fed dry land development, Seed development, Farm mechanization and plantation   Horticulture are the other schemes in operation.

We had set up a Women Development Cell in the Head Office of our Bank with the support of NABARAD to facilitate planning and ensure increased credit flow to women, on sustainable basis. Under the we have introduced 4 Deposit schemes and 3 loan schemes collectively known as “VANITHASREE” to create a gender friendly banking environment. Kanakanidhi, Vidhyajyothi, Mangalyanidhi   Vanithanidhi are the 4 Deposits scheme under the project. Further, we have introduced scheme for providing financial assistance to SHGs,and Joint Liability Groups (JLGs) for Agricultural and Allied Sector.

  Interest Rates

  • Fixed Deposits

    15 Days to 45 Days 5.70%
    46 Days to 90 Days 6.50%
    91 Days to 179 Days 7.00%
    180 Days to 364 Days 7.50%
    1 Year and below 2 years 8.00%
    2 Years and above 7.75%

     

  • Fixed Deposits

    15 Days to 45 Days 5.70%
    46 Days to 90 Days 6.50%
    91 Days to 179 Days 7.00%
    180 Days to 364 Days 7.50%
    1 Year and below 2 years 8.00%
    2 Years and above 7.75%

     

  • Fixed Deposits

    15 Days to 45 Days 5.70%
    46 Days to 90 Days 6.50%
    91 Days to 179 Days 7.00%
    180 Days to 364 Days 7.50%
    1 Year and below 2 years 8.00%
    2 Years and above 7.75%

     

  • Pradhan matri jan dhan yojana
  • aadhar Card Linking Kannur jillabank