Shankaranarayana Sahakari Vyavasayika Sangha NIyamitha
Year of establishment: 13.01.1997
Names of villages covered : Shankaranarayana, & Kullunje.
President
Vice President
C.E.O
Saving Banks
Dhanalakshmi
Shreesha Cash Certificate
Housing Loans
Vehicle Loans
Jewel Loans
Pledge Loans
Household Articles Loans
SHG Loans
All Govt.Scheme Loans
MKCC Loan
MT and LT Loans
Education Loan
Over Draft Loan
Produce Loan
Deposit Loan
Interest rate on Fixed Deposit |
Senior citizen | |
13 months |
9% |
9.25% |
25 months |
9.25% |
9.50% |
Above 25 Months |
9.25% |
9.50% |
96 months |
Double |
Double |
The above deposit interest rate will be applicable from 01/01/2026
INTEREST RATES ON LOANS:-
Sl.No |
Loan Heads |
Interest |
1 % Rebate if Paid Before Due Date |
1 |
Housing Loans |
12.5% |
1% |
2 |
Vehicle Loans |
12.5% |
1% |
3 |
Jewel Loans( 12 Months) |
12% |
1% |
4 |
Express Jewel Loans( 6 Months) |
12% |
1% |
5 |
Land Development Loans |
3% |
- |
6 |
Household Article Loans |
12.5% |
1% |
7 |
MKCC Loans |
0% |
- |
8 |
MT & LT Loans |
3% |
- |
9 |
Education Loans |
12.5% |
1% |
10 |
Produce Loans |
12.5% |
1% |
11 |
Deposit Loan |
Deposit Int. + 2% |
|
Locker Facility without Rent,
Ration Shop,
Stores,
Warehouse for farmer Produces of Areca nut & Species.
Fertilizer ,Pesticides Seeds & Agricultural implements Shop for farmers
Financial assistance to Self Help Groups & Dairy farms
| Sl. No.. | Particulars |
Figures |
| 1. | Number of Members |
3993 |
| 2. | Share Capital |
1,48,45,305.00 |
| 3. | Deposits |
42,96,11,404.58 |
| 4. | Loans to Members |
53,36,90,356.08 |
| 5. | Reserves |
7,06,62,844.86 |
| 6. | Funds |
13,83,55,507.47 |
| 7. | Borrowings from DCC.Bank |
11,43,78,889.00 |
| 8. | Net Profit |
91,23,825.82 |
| 9. | Audit Classification |
`A` |
Shankaranarayana Sahakari Vyvasahika Sangha Niyamitha,
Shankaranarayana Post and Village,
Kundapura Taluk,Udupi Dist-576227.
Phone Number 08259 - 280221
Mob: 9945658709(GM)
9113060977 (H.O)