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Karunagappally Taluk Urban Cooperative Bank plays a pivotal role in the economic landscape of Karunagappally Taluk in Kollam, Kerala. Established with the primary objective of fostering financial inclusion and socio-economic development, this cooperative bank has been serving the community since its inception.
Bank is involved in financing rural sectors such as farming, poultry, live stock and so on. They also render their services to industries, small scale units, home finance, personal finance, etc. in rural as well as urban areas. By encouraging savings and extending credit to individuals and businesses, it contributes to the overall prosperity of the region.
As a local financial institution, it is deeply rooted in the community, catering to the diverse financial needs of the residents in Karunagappally Taluk. Key features of the Bank include a range of banking services tailored to meet the diverse needs of its members. These services encompass savings and current accounts, fixed deposits, and various loan products, supporting both individual and business financial requirements.