Bola Vyavasaya Seva Sahakari Sangha

Year of establishment:1976-77
Names of villages covered :Bola, Nitte & Kanthavara.

Board of Directors

Sri Bola Sadashiva Shetty

President

Sri Naveen Chandra Jain

Vice President

Smt. Deepa Yogish Shetty

C.E.O

Directors

Sri Muralidara Sharma Nitte

Sri Avinash Malli

Sri Suryakanth Shetty

Sri Ganapathi Bhat

Sri Mohandas Adyanthaya, Beladi

Sri Jayaram Salian

Sri Praveen Salian

Smt. Prema Moolya

Sri Sathish Naik Kanthavara

Sri Jaganath Shetty Bola

Smt. Divya Nayak

Smt. Nalini Shetty

Sri. Jayanth Kumar,
Supervisor SCDCC BANK, Mangaluru

Deposit Schemes

Fixed Deposit
Shambhavi shree cash certificate
RD Deposit
Saving Bank Deposit
Nithya Nidhi Deposit ( pigmy)

Loan Schemes

Mangala Kisan Credit Card Loan
Medium Term Loan for Agriculture purpose
Mortgage loan
Housing loan
Jewel Loan
Other Purpose loan
Buisness loan
Consumer Equipment loan
Deposit loan
SHG Group loan
Vehicle Purchase loan

Interest Rate Chart

Shambhavi shree cash certificate

1 year	1000	1087
2 year	1000	1185
3 year	1000	1295

Fixed Deposit Interest Chart
	For citizens	Senior citizen
100 days	4.00%	4.50%
6 month	6.50%	7.00%
1 year	8.50%	9.00%
2 year	9.00%	9.50%
3 Year	9.50%	10.00%
RD Deposit	8% for 3 years,,
SB Deposit	4% for 6 months

Facilities and Services

Statistical Data as on 31st March 2025

1.	Number of Members	7352
2.	Share Capital	1,75,59,397
3.	Deposits	42,70,36,845
4.	Loans to Members	43,57,72,286
5.	Reserves	1,98,24,458
6.	Funds	3,14,97,216
7.	Borrowings from DCC bank	14,49,68,915
8.	Net Profit	81,05,672.93
9.	Audit Classification	“A”

Contact Details

Head Office

Bola Vyavasaya Seva Sahakari Sangha
Bola Village and Post
Karkala Taluk
Udupi District- 574110
Telephone-08258-285055
Mobile : 9686673235

Branches

Nitte Branch
Post Nitte-574110
Telephone: 08258-281271
Mobile : 7259465489

Kantavara Branch
Post kanthavara- 574129
Mobile: 8105126502