Address
- C/o Kennametal India Ltd., 8/9th Mile, Tumakuru Road, Nagasandra post, Bengaluru
Welcome to
Kennametal India Employees Souharda Credit Cooperative Ltd.
- Address:C/o Kennametal India Ltd., 8/9th Mile, Tumakuru Road, Nagasandra post,Bengaluru
About Us
We started in the year 1997 and converted in to Souharda in the year 2003. Our activities improve every year with sound financial functions. Our members feel proud as they are getting timely help.
BGU-0031
Registretion No: 094
Registretion Date: 19.02.2003
Regular Members : 450 Associate Members : 64
Nominal Members : 036 Number of Employees : 001
President's : Message
Membership is extended to all permanent Employees of Kennametal India ltd., Members get loans at regional rate of interest by which many are able to meet their necessities, be it education and marriage of children, medical assistance, purchase of site / construction of house etc., We have been rated as A grade.
Deposit Types & Interest Rates
1. Fixed deposits
a. Six Months 7.00% P. A.
b. One Year 8.50% P. A.
c. Two Year’s 9.50%P. A.
2. Recurring Deposits at the rate of 9.00% P. A.
Loan Types & Interest Rates
1. Surety Loan at the rate of 13% P. A
2. Loans on deposits at the rate of 13% P. A.
Important Activities
1. The main object is to encourage members to save, Be self reliant and promote co operative principles.
2. To help members in times necessity by extending financial support by way of loan
Additional Activates
In order to encourage employee children cash awards are given those who pass SSLC scoring 85% and above and PUC scoring 80% and above. Also felicitate employees and their children who excel in National and international level competitions.
Services
Wherever your organisation is based, and whatever the nature of your business, The Co-operative Bank could provide the professional advice and support to help you realise your goals
From electronic and telephone banking to more complex financial packages, we have a portfolio of products and services to make managing your accounts as straightforward as possible.
We always take the time to gain a thorough understanding of your business, building strong relationships and delivering flexible solutions that suit your particular requirements.
- RTGS/ NEFT
- Locker
- PMSBY
- General Insurance
- IMPS
