Malappuram Service Co-operative Bank Ltd No. F 1829 has registered as a Primary Agricultural Co-operative Bank on 21-03-1962 under Kerala Co-operative Society Act 1969 and started functioning on 04-06-1962. Area of operation of the bank is Malappuram Municipal Area with its head office situated at Malappuram, the head quarters of Malappuram District.
Malappuram Service Co-op. Bank is a ‘Class I Super Grade Bank’ under Audit Classification ‘A’. Now it has 6 Branches and 3 ATMs. All branches and Head Office has ISO certification. Bank implemented CBS solution during year 2012 under ASP model. Earlier during 2006, Bank implemented ABB solution and installed its fist ATM at HO premises.. Bank provides Net banking facility which enable customers for doing their transaction through internet such as Fund transfer (RTGS/NEFT), EMI payment, Mobile recharge, DTH recharge, KSEB bill payment, etc. Bank also provides ‘Mobile Banking’ facility through which customer can view smart pass book, Fund transfer (IMPS/NEFT), recharge mobile phone, utility bill payment etc. by using their smart phone. 25% of the Loan amount stands for agricultural &allied purpose. Bank provides loan in a minimized interest rate.ie.2 to 5% reduced from the rate fixed by Registrar from time to time.
To be socially responsible and benchmarked financial institution In the co-operative sector by offering quality banking services for the socio-economic development of the community we serve.
To become an admirable leading co-operative bank in the country by offering innovative and affordable banking services to our valued members and general public through well trained staff backed by appreciated technology.
We, Malappuram Service Co-operative Bank Ltd., are committed to be the most admirable and leading co-operative bank in the country by providing affordable and innovative banking solutions to our valued members and general public. We offer excellent and superior financial products and services in an ideal atmosphere though well trained staff backed by cutting edge technologies. We work smart to improve quality of the people in the areas we serve while ensuring the organization is sustainable and viable.
We shall constantly strive to enhance customer satisfaction and continuous improvement in customer service though implementation of Quality Management System.
