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About the Society

38 years of trusted co-operative banking for ex-servicemen and the public.

The Kannur Dist. Ex-servicemen Multipurpose Co-operative Society Ltd. was founded on 26 November 1986, registered under the Kerala Co-operative Societies Act 1969, and has held 'Class 1 Society' status since 2000. The Society serves ex-servicemen and the general public across Kannur District through 3 branches.

🏆 The Society received the Best Performance Award for Deposit Mobilisation for 2024, 2025, and 2026.

At a Glance

Founded26 November 1986
RegistrationReg. No. C.1009
Branches3 (Pazhayangadi, Taliparamba, Kunhimangalam)
StatusClass 1 Society (since 2000)

An updated President's message is pending confirmation from the Society and will be added once received.

Membership

As of 31 March 2025

The Society has 5 classes of membership:

  • Class A — Ex-servicemen residing in Kannur Revenue District
  • Class B — Government
  • Class C — Dependants of Ex-servicemen
  • Class D — General Public, for taking Gold Loans
  • Class E — General Public, for making Deposits and taking Loans

Classes A, B, C, E are entitled to receive dividend declared by the Society from time to time.

Class Members Shares Amount
A 821 26,140 ₹65,35,000
B — — —
C 673 23,675 ₹23,67,650
D 17,402 76,458 ₹3,82,291
E 7,554 1,97,677 ₹1,97,67,756
Total 26,450 3,23,950 ₹2,90,58,685

Class B figures are not separately published in the Society's records.