THE PALAKKAD SERVICE CO-OPERATIVE BANK LTD
Our mission is to remain the strong, sound, and leading organization in the co-operative credit structure and to be the backbone for the rural financial sector of Palakkad. Through the efficient management, we aspire to function as a professional, economically viable and socially responsible organization ensuring best services to its shareholders and customers by providing good value for their money and thereby ensuring accelerated development of the rural population.
Our vision is to be a great banking sector that provides good customer satisfaction. Our priority has always been in providing great banking and financial services using modern technology. We strive to ensure that all the branches of our match with international standards, making the whole operation easy for customers. We plan to improve our customer expectations through value-added solutions with the assistance of highly motivated and professional individuals.
We accept deposits from members and non-members by borrowings from the public. They are Savings Bank deposit, Recurring deposit, Current deposit etc.
Majority of the members in the jurisdiction are businessmen and small scale traders. We have few agriculturists as bank account members. Agricultural loan is the marginal loan that is provided. We do provide short term and medium loans to our members.
NON-BANKING SCHEMES mainly deal with schemes other than banking like other businesses, festival markets, etc....