സ്വർണപ്പണയ വായ്പ - ഇന്നത്തെ നിരക്ക് (ഗ്രാമിന്) 4,000 രൂപ വരെ (*നിബന്ധനകൾക്ക് വിധേയം).
സ്വർണപ്പണയ വായ്പ - ഇന്നത്തെ നിരക്ക് (ഗ്രാമിന്) 4,000 രൂപ വരെ (*നിബന്ധനകൾക്ക് വിധേയം).


MULTI STATE AGRI-HORTICULTURAL DEVELOPMENT CO-OPERATIVE SOCIETY Ltd is registered with the Central Registrar of Co-operative Societies under the Ministry of Cooperation, Government of India, under the Multi State Cooperative Societies Act, 2002 with branches in the State of Kerala and Karnataka.


The present authorized Share Capital of the Society is Rupees 6 Crores consisting of the following categories:.

  • 'A' Class shares of Rs. 500/- to individual members.
  • 'B' Class shares of Rs. 10000/- to State Government, Central Government and Other statutory bodies, and any other co-operative institutions.
  • 'C' Class shares of Rs. 10000/- to be issued to the Multi-State Co-operative Societies or any co-operative Societies.
Board of Directors
  • The Society's business will be governed by a Board of Directors comprised of 11 Directors who will be elected by the general body's members.
  • The Chief Executive serves on the Board of Directors as an ex-officio member.
  • The members of the General Body Meeting will elect all of the directors.
  • The elected Directors will serve for five years from the date of their election.

Committees of Directors

The following Committees of the Board are formed:

  • Management Committee

    To reduce delays in decision-making, the Management Committee is constituted and given powers assigned by the Board.s

  • Audit Committee of the Board

    Internal Inspections/Audit, Statutory Audit, Statutory and Regulatory Compliance are all areas where the Board's Audit Committee is constituted to endorse policies and other actions. All policy documents that require Board approval must be presented to the ACB for approval before being placed in the Board.

  • Risk Management Committee

    The Board's Risk Management Committee is in charge of developing, directing, and implementing risk mitigation/management strategies. The Committee makes decisions on a variety of risks, including credit risk, operational risk, and market risk. The Committee is in charge of establishing and implementing best peer level industry risk practises by prescribing Prudential exposures for individuals and groups, risk scores for entry and exit decisions, and risk score matrices for various businesses, as needed.

  • Nomination & Remuneration Committee of the Board

    The Board's Salary Committee makes decisions about Human Resources, including the remuneration of Senior Executives hired from the market pool, as well as the remuneration and service conditions of Society workers and officers.

As MD & CEO, the Society has employed an executive with extensive experience in the financial services industry, including commercial banking, small finance banking, NBFC, micro finance, and so on. The Society's innovative strategy for growing its membership base, promoting, and selling its liability and asset products to members has begun to provide excellent commercial results. As indicated by the Society's above-industry-average recovery and lower NPA level, expansion is pursued without compromising asset quality.

The Society has established a Compliance department to guarantee that the Society complies with all statutory and regulatory directives and standards, as well as to develop and implement structured policy documents and stand-by procedures in all of the Society's functional areas and products. The Compliance Department has been led by an experienced banker with extensive knowledge in the compliance field.

Central Bazar India Ltd., a subsidiary of the Society, with a capital investment of Rs. 200 lacs. The Subsidiary has begun operations with all regulatory permits in place and is expected to make a significant contribution to the Society's income in the coming years.

The Society has net worked all of its eight branches with a Core Banking Solution from FIS, a reputable international vendor. This has allowed the Society to provide customers with any branch banking and services via alternative and digital means. The Society has big aspirations to provide greater services at a lower cost to its members.

The Society also aspires to contribute to the nation-building process by recruiting members from the marginalised and underprivileged to bring them into the mainstream.