About Us

 This leading class I special Grade Bank of Taliparamba Taluk having an area of operation spreading payyanur village of payyanur municipality and Annur,  Kandoth areas of Vellur village. ‘A’ class membership is general membership and ‘C’ class membership is for gold loans. ‘D’ class membership is given for those who are in Payyanur block area, and it is given only for sanctioning property loans, salary loans and gold loans. ‘B’ class membership is for the government. As on 31-03-2011, the re are 14489 A class members, 29982, ‘C’ class members and 1437 ‘D’ class members. In addition to the head office, there are 8 branches, one fertiliser depot and neethi medical store. Bank was at first functioning in arented building and later shifted to own building and later shifted to own building since 22-06-1976. Head office, Main branch, Evening branch, Annur Kotty branches fert depot and Neethi medical store are functioning in own buildings. Bank has a deposit outstanding of 102 crores and loan outstanding of 90 crores and profit making continously. Later year 15 % divident was distributed to members. There are 55 regular staff members and 11 commission employees.

Growth of the Bank from 1975 to 2013 published as on 18 August 2013 in Annual General Body Meeting

Year A -Class Members Deposit Loan Shares Capital
1975-76 1064 914,145 1,013,122 185,527 1,265,583
1979-80 1532 3,033,694 3,061,539 311,413 3,572,464
1984-85 1632 12,599,355 12,238,390 599,794 13,078,088
1989-90 2881 33,287,025 28,847,940 1,270,138 33,670,925
1994-95 6624 100,258,824 90,717,620 3,564,664 108,404,041
1999-00 12456 216,411,964 159,006,263 5,753,209 222,636,904
2000-01 12920 241,132,147 191,107,750 6,413,289 247,687,883
2001-02 12997 252,025,529 209,860,076 6,816,826 258,925,666
2002-03 13643 270,927,968 221,310,345 6,697,256 275,106,150
2003-04 13824 301,300,091 239,772,988 6,622,019 309,261,389
2004-05 13958 297,529,845 252,020,172 7,512,231 306,511,572
2005-06 14310 342,030,996 283,495,727 7,664,507 349,089,319
2006-07 14598 377,874,540 324,919,186 7,783,062 384,813,191
2007-08 14349 440,479,862 356,749,489 7,934,627 442,551,097
2008-09 14375 536,982,632 405,850,141 8,122,752 548,338,194
2009-10 14487 628,705,714 501,917,859 8,689,267 641,334,351
2010-11 14693 759,493,737 635,814,337 9,416,667 774,990,114
2011-12 14818 929,383,590 829,447,820 10,913,102 946,846,696
2012-13 15075 1,020,569,669 906,250,135 12,053,347 1,038,970,892

Loan Outstanding Vs Deposit Outstanding

 

Deposit Vs Loan