AJEKAR CO-OPERATIVE AGRICULTURAL SOCIETY LTD., AJEKAR

Year of establishment: 1956
Names of villages covered : Marne, Shirlal, Hermunde, Jarkala, Kukkuje, Yellare, Kadthala and Andar.

Board of Directors

Sri Shanthiraj Jain

President

Sri Prashanth Shetty

Vice President

Smt. Ramatha Shetty

C.E.O

Directors

Sri Arun Kumar Hegde

Sri K. Bhavanishankar

Sri P.Balakrishna

Sri Laxmana Nayak

Sri Shankar Shetty

Sri Sathish Poojari

Sri. Rakesh Naik

Sri. Raghavendra

Smt. Jalaja Shetty

Smt. Vijetha Pai

Sri. Jayanth Kumar,
Supervisor SCDCC BANK, Mangaluru

Deposit Schemes

Fixed Deposit
Sumangala Cash Certificate
Savings Bank A/c
Recurring Deposit
Bhagyanidhi Daily Deposit

Loan Schemes

Jewel Loan
Vehicle Loan
Mortgage Loan
Housing Loan
Produce Loan
Deposit Loan
Article Loan
Other Purpose Loan
SHG Loan
Crop Loans (MKCC)
MTAP
LTAP

Interest Rate Chart

Fixed Deposit Interest Chart
90 Days to 179 Days	5.50%
180 Days to 1year	6.00 %
1 Year to 2 year	8.00%
Above 2 year	8.25%
8years	Double

For Senior Citizens, Educational and Religious Intuitions 0.50% Extra (Only for 1 year and Above Term Deposits )

Facilities and Services

Ration Shops
SHG Groups
Govt Sponsor Activities
Facilitate Banking Activities
Godown for farmer produce of Aracanut and Spices
Sales manure
Safe Deposit Lockers
Wide parking area
Fully air conditioned head office
Rental Shops

Statistical Data

1.	Number of Members	3534
2.	Share Capital	185.87 Lakhs
3.	Deposits	2493.85 Lakhs
4.	Loans to Members	2854.05 Lakhs
5.	Reserve Fund & Other Funds	362.97 Lakhs
6.	Borrowings from DCC bank	1358.37 Lakhs
7.	Net Profit	96.83 Lakhs (2023-24)
8.	Dividend Paid	12% (2023-24)
9.	Audit Classification	`A`

Contact Details

Head Office

Post: Ajekar,
Marne village,
Karkala Tq, Udupi Dist. 574101.
Telephone No. 008253 271233

E-Mail: ajekarcabank@gmail.com

Branches

Kadthala Branch:
Sri Krishna Soudha,
Post & village: Kadthala,
Karkala Tq, Udupi Dist. – 574108.

Telephone No. 08258 200433

SHIRLAL Branch
Near Post Office
Hadiyangadi Post
Shirlal Village
Karkala Taluk, Udupi Dist - 574101

Phone :

Sales Depot: Ajekar, Kadthala, Shirlal, Hermunde, Jarkala, Andar