Opening Hours :Monday to Saturday 9:30 AM to 4:30 PM.
Opening Hours :Monday to Saturday 9:30 AM to 4:30 PM.
Originated as a village co-operative society in 1958, which in later years was converted as a Service co-operative bank during the year 1961. On March 20th 1975, the bank was again upgraded as an Urban bank. The area of operation of the Bank is spread over 16 Panchayats of the Kottayam District. The bank is one of the top 5 urban banks in the State and first in the District.
Let your works flow without any interruption! Use Contract Cash Credit and pay interest for what you use.
Let your work run without any interruption with Contract Cash Credit! The Meenachil Cooperative Bank provides a sum from which you can borrow the required amount within the limits. This amount remains in your account as you can either withdraw or deposit into it. The interest charged is entirely dependent on the outstanding balance on a particular day. The limit is dependent on the business and the volume required.
| Slab | Interest Rate |
|---|---|
| Upto and inclusive of Rs. 50,000/- | 13 % |
| Rs. 50,001/- to Rs. 5,00,000/- | 13.5 % |
| Rs. 5,00,001/- to Rs.20,00,000/- | 13.5 % |
| Rs. 20,00,001/- and above | 13.5 % |
Originated as a village co-operative society in 1958, which in later years was converted as a Service co-operative bank during the year 1961. On March 20th 1975, the bank was again upgraded as an Urban bank. The area of operation of the Bank is spread over 16 Panchayats of the Kottayam District. The bank is one of the top 5 urban banks in the State and first in the District.
The Meenachil East Urban Co-operative Bank Ltd. All rights reserved.