President Message
We pleasantly welcome you to the website of Kattappana Service co-operative Bank. I honestly convey my sincere gratitude to all those who extended their hands in the growth of our bank from a small concern to one of the leading financial institution in Idukki District. In 2016 we were awarded as the best Service Co-operative Bank in Idukki District by IDCB.
Our bank was established in the year of 1955 by late Mr. Mathew Pottamkulam with a capital of Rs 1000/- as a multipurpose co – operative society and its working was excellent among the farmers of high range by supporting the poorest of the society in their agricultural production, trading and banking activities to overcome their financial stringencies. The sincere hard work of board of directors, staff, collection agents and the members of our institution marked a tremendous growth in the financial sector.
The uncompromising mind and committed attitude of working team of this institution in catering the requirements of the public according to their lifestyle and needs of society have been widely recognised. The punctuality and integrity are in the highest standard of excellence in handling banking requirements of 16000 share holders, customers and other stake holders. I am happy to state that 20% dividend has been given to share holders every year and it is an inspiring factor in public. We are having our own core banking system for our six branches and giving all modern banking facilities like RTGS, NEFT, along with Western Union Money Transfer. Bank’s intermission in various fields other than banking has won remarkable success especially in fertilizer business. Bank is the one of the highest wholesaler in Idukki district in dealing the manure of IFFCO, FACT,IPL,MFL etc and also notable wholesaler of ACC cement in our district.
The innovative and differential approach of Bank in organic vegetable cultivation and floriculture has brought an enviable change in production and in minds of farmers, by introducing precision faming. We are having three acres of land with four polyhouse and twelve rain shelters producing variety of organic vegetables. Enthusiastic farmers have come forwarded to cultivation of vegetables and flowers they are given assistance to construct polyhouse and rain shelters , supplying seeds and seedlings, arrange technical guidance from various departments, get subsidy from horticultural mission, arrange interest free bank loan and ensure fixed price for products. Bank maintains its own Eco shop for marketing their products and organic vegetable from open field of this locality. Mobile ICU with all modern facilities is another service division
We have accomplished exemplary achievements in banking and other sectors. Besides we are contemplating to undertake newly dynamic ventures.
Lets we thank you for your valuable visit and request your continued support for growth of Bank and implementation of diversifying projects
Joy Vettikuzhy
President
Kattappana Service Co-operative Bank