Registration
Registered under the Kerala Cooperative Act.
MANJALY SERVICE CO-OPERATIVE BANK
Manjaly Service Cooperative Bank (MSCB) was registered in the year 1943 and presently serves a total of 6050 members as of September 2022. MSCB has 5 SHGs, with a total of 60 members, 450 farmers, and 23 Kudumbashree groups with 330 members.
The Bank has been working progressively towards implementing many community development and support initiatives throughout its operations. While this proposed project deals specifically with arrowroot extraction, value addition, and marketing, the Bank will also undertake a similar approach toward other farm produce cultivated by farmers who come within the purview of the Bank. Registered under the Kerala Cooperative Act, Manjaly SCB provides NEFT/RTGS facilities to customers. Through Kerala Bank Loans MSCB utilizes the Kerala Bank Loan facility to make available loans and Kisan Credit Card services.
Our vision is to be “A premier Bank in the Cooperative sector facilitating sustained Agricultural and Rural Development”
Our mission is “to promote comprehensive, Agricultural and Rural Development by providing financial services through members, aiming sustainable growth of its members ”.
Our mission is to remain a strong, sound, and leading organization in the cooperative credit structure and to be the backbone for the rural financial sector of Kerala. Through the efficient management of the organization, it would aspire to function as a professional, profitable, and socially responsible organization ensuring the best service to its stakeholders and customers by providing good value for their money and thereby ensuring accelerated development of the rural population.
Timeline
Registration
Registered under the Kerala Cooperative Act.
Manjaly East Branch
Product Management
The Bank has 5 SHGs, with a total of 60 members, 450 farmers. There are 23 Kudumbashree groups, with 330 members.
Arrowroot Tuber Project
Manjaly Service Cooperative Bank is looking to create a commercially viable project by utilising, sustainable, and locally available agricultural produce. The product that has been identified is Arrowroot powder.
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