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SERVICES

BANKING:

To meet the day to-day financial requirements of the farmers, the institution issues Jewel Loans, Consumer Loans, Crop Loan, Land Development Loan, House Construction Loans, Industrial Loan, Vehicle Loan, Educational Loan etc., Loans to non farm sector are also being issued to the members in 13 Revenue Villages (56 Hamlets

 

To inculcated the habit of savings among the farmers and to tap the rural resources, the institution accepts all kinds of Deposits, Current accounts and also provides safe Deposit Locker Facilities to the members.

To serve better to the members the institution the following branches were opened in addition to the Head office within the area of operation of the society

 

Branches:

Branch Name Date of Opening Phone no
Narasimmanaickenpalyam 0422-2460494
Sanganur 0422-2333444
Ramakrishnapuram 0422-2533666
Idigarai 0422-2461622
Kuppakkonampudhur 0422-2442930
Tatabad 0422-2491812
Siddhaputhur 0422-2245335

Head office Banking Section is functioning in the Own Building is A/c hall and the Branches at rented buildings.

No. of Members ‘A’ Class  
       9,638
No. of ‘B’ Class & Associate Members
      96,145
Societies    
          302
Total Members        
1, 06,085
    (Rs. In Lakhs)
Share Capital : Authorised     200.00
Paid up ‘A’ Class        82.45
‘B’  Class                 0.10
Government            - - -
     82.55
Reserve Fund        273.54
Other Reserves   1,113.96

Assets:    
Land & Building, Plant & Machinery
Furniture & Fixtures, Vehicles             

  231.48

As per Tamilnadu Government’s “AGRICULTURAL LOAN WAIVER SCHEME” 74 farmers were benefited to the tune of Rs. 38, 66,310/-. The loan Waiver Certificates have already been issued to all the farmers for Rs. 38, 66,310/-.



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