Mon-Sat: 10:00 AM - 5:00 PM

Welcome To Alappuzha Govt Servants Co-Operative Bank

About Us

When the scarcity of foodgrains was intensely high in 1960s, the government employees and former Alappuzha district collector Mr. Kaleeshwaran raised this bank to provide rice and other grocery items to government employees at subsidized rates.

The institute has become a special grade bank with a share capital of ₹2 crore, ₹84 crore of investment, ₹54 crore loan standby, and ₹86 crore operating cost with dividend of 25% for members. Having 8,662 A-class members, our bank runs a branch in Neerkunnam and a Neethi medical store in Vandanam.

8,662

A-Class Members

25%

Member Dividend

₹84Cr

Total Investment

₹54Cr

Loan Standby

Learn More About Us

Quick Services

Personal Loans

Up to 12 Lakhs for 100 installments @11.00% per annum

Emergency Loans

Up to 1.5 Lakhs @ 10.00% interest - Issued within 24 hours

Housing Loans

Up to 20 Lakhs for 216 installments @ 11% per annum

Gold Loans

Up to 5 Lakhs @ 8.88% per annum for 6 months