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Muzhappilangad Service Co-Operative Bank Ltd

Muzhappilangad Service Co-Operative Bank is the important Financial Institution in the Muzhappilangad Village. It started working on 28.4.1987. The area of operations of the bank is Muzhappilangad village. This Bank involved in other socio-economic activities and cultural development of the people in the village. At present the bank has head office and four branches in this area.

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Loan Schemes

Interest Rate of Loans is 7% to 14%.
Muzhappilangad Co-Operative bank give loans to paddy farmers 0% interest.

Deposit Schemes

Muzhappilangad service Co-op. Bank gives maximum interest rate to the depositers. At present interest rate of fixed deposit is 10.25% . For senior citizen .5% Subsidiaries

    Subsidiaries

  • Neethi Super market
  • 2. Fertiliser Depot
  • 3. Domestic Appliance Show Room
  • Coconut & Copra Depot
  • Swapnatheeram Muzhappilangad...