ICCSL was founded when co-operation was just beginning to gain ground in the country. It was set up with the primary objective of assisting the less fortunate members of the community in its economic enterprises.
Indian Cooperative Credit Society Limited (ICCSL) has always worked for the progress of the community with an aim to completely dedicate our services for the welfare of the shareholders in Kerala, Karnataka, Tamilnadu, Andhra Pradesh, Telangana and Union Territories such as Pondicherry and Silvassa. We hold the distinction of being the sole credit co-operative society in Kerala and the aforesaid Indian states and Union Territories with many schemes and financial plans for less fortunate peoples in communities and enterprises. However, it takes something more than special to make a credit co-operative society to bring a difference in people's lives and the society in a whole. It is exactly become an important factor since our inception. Today, we are a model credit co-operative society in Kerala with a track record with more than 2,00,000 happy members and 10,000 advisors in Kerala.
ICCSL is completely autonomously operated association with an open membership for like-minded people. We offer banking services to shareholders who often have limited help from big banks. We offer our customers mostly from our local structured community with banking services and schemes which are of reasonable interest rates and are implemented with a great degree of personalization to people who require home loans, agriculture loans, and deposits schemes.
Recurring deposits is the ideal alternative for people who systematically want financial planning. A small portion of their regular monthly income will be deposited with the rate of interest higher than a regular savings deposit. Premature withdrawal, Loans, and nomination services are available subject to conditions.
The ICCSL credit society accepts deposits for a minimum period of 1 year to a maximum of 7 years. The rate of interest that we provide for account holders are marginally higher than the regular savings deposit holders.
We have various strategic partnerships and alliances with eminent Indian and global companies which cater to various aspects of our daily operations on PAN India scale. Not only do these partnerships widen our business platform but they also lay a foundation for a sustainable future.