Banking Services & Schemes | Othukkungal Service Co-operative Bank Ltd.

CREDIT & LOAN FACILITIES

Financing Every Dream in Othukkungal

From agricultural development to housing and commerce, we offer hassle-free credit.

Gold Loan

Get quick and convenient financial assistance by pledging your gold ornaments. Our Gold Loan offers a simple and hassle-free application process with flexible repayment options. It is designed to meet your immediate personal, family, or emergency financial needs. Competitive interest rates help make borrowing more affordable. With transparent procedures and reliable service, we make accessing funds easier when you need them.

Housing Loan

Build or renovate your home with customized repayment terms and easy processing. Turn your dream of owning a home into reality with our convenient Housing Loan facility. The loan can support the purchase, construction, or improvement of your home. Flexible repayment options are designed to suit your financial requirements. Attractive interest rates make home financing more accessible and manageable. Our dedicated service team provides guidance throughout the loan process, helping you move closer to your dream home.

Business Loan

Working capital, cash credit, and term loans for shops, traders, and small workshops.Give your business the financial support it needs to grow and prosper. Our Business Loan is designed to meet the working capital and expansion requirements of small and medium-sized businesses. The facility can be used for business expansion, purchasing equipment, managing working capital, and other business-related needs. Flexible repayment options help you manage your finances with greater convenience. With reliable financial support and responsive service, we help you take your business forward.

DEPOSIT SCHEMES

Grow Your Wealth Safely

Guaranteed high returns with the assurance of the Kerala Co-operative Societies Act.

Savings Bank Account

Secure your money while earning competitive interest. Enjoy easy access and flexible withdrawals for your daily needs. A Savings Account is a simple and secure way to manage your everyday finances while building your savings. It allows you to deposit and withdraw money conveniently as per your needs. Earn interest on your savings while keeping your funds accessible. The account is suitable for individuals looking for safe and convenient banking services. With easy transactions and reliable service, we help you manage your money with confidence.

Current Account

Designed for businesses and merchants with high transaction volumes. Smooth, hassle-free daily operations. Recurring Deposit helps you build your savings through regular monthly deposits. You can deposit a fixed amount every month for a chosen period and earn interest on your savings. It encourages disciplined saving without requiring a large amount to be invested at once. The facility is suitable for individuals who want to gradually build a financial reserve. It can help you plan for future personal, family, or other financial needs.

Fixed Deposit (FD)

Invest for fixed tenures with compounding interest and highest return stability. Safe and reliable. Fixed Deposit is a secure investment option for those who want to earn attractive returns on their savings. You can invest a specific amount for a predetermined period and earn interest on your deposit. It provides a disciplined approach to saving while keeping your investment secure. Different tenure options can help you choose a period that suits your financial plans. It is an ideal choice for individuals looking for stable and dependable returns.

Recurring Deposit (RD)

Systematic monthly deposit scheme ideal for salaried individuals and families to build wealth over time. Recurring Deposit helps you build your savings through regular monthly deposits. You can deposit a fixed amount every month for a chosen period and earn interest on your savings. It encourages disciplined saving without requiring a large amount to be invested at once. The facility is suitable for individuals who want to gradually build a financial reserve. It can help you plan for future personal, family, or other financial needs.

Nithya Nidhi Deposit

Daily collection scheme designed for local merchants, shops, and small businesses to accumulate capital. Nithyanidhi Deposit is a convenient savings scheme designed to encourage regular and disciplined saving. Customers can make deposits at regular intervals and gradually build a financial reserve. It is suitable for individuals who wish to develop a consistent savings habit. The scheme can help meet future personal and family financial requirements. With a simple approach to saving and reliable banking service, Nithyanidhi Deposit supports your journey towards greater financial security.

Deposit Interest Rate Schedule

Current rates applicable for individuals and institutions.

Deposit Period	General Public	Senior Citizens (60+ Years)
46 Days to 90 Days	5.50% p.a.	6.00% p.a.
91 Days to 180 Days	6.25% p.a.	6.75% p.a.
181 Days to Less than 1 Year	7.00% p.a.	7.50% p.a.
1 Year to 2 Years	7.75% p.a.	8.25% p.a.
Above 2 Years to 5 Years	7.50% p.a.	8.00% p.a.
Savings Bank (SB) Deposit	4.00% p.a.	4.00% p.a.

ALLIED SERVICES

Beyond Traditional Banking

Serving society through dedicated fair price shops and modern remittance facilities.

RTGS & NEFT

Fast domestic money transfers directly into customer accounts securely and quickly.

Mobile Passbook

Track your transactions on the go with our digital mobile passbook application.

Internet Banking

Access your accounts and manage your finances comfortably from anywhere, 24/7.

SMS Services

Get instant transaction alerts and updates directly to your registered mobile number.

Safe Deposit Lockers

Protect your precious deeds, jewelry, and documents in our highly secure vault lockers.

Educational Awards

Supporting and rewarding outstanding students in our community to encourage higher education.

Our Banking Services