About Our Bank

Rooted in Iringallur-Palazhi, driven by cooperative trust, empowering our community since 1993.

Home > About Us
HERITAGE & JOURNEY

Serving Iringallur-Palazhi with Integrity

Located at Iringallur-Palazhi in Tirurangadi Taluk of Malappuram District, the institution was registered as an “Aikya Nanya Sangham” on 10 February 1939. It commenced its operations on 10 March 1965. Subsequently, it was registered as a Service Co-operative Bank on 20 October 1965 and began functioning in its new capacity on 1 November 1965.

Iringallur-Palazhi Service Co-operative Bank Ltd. (No. F 1039) was established to provide reliable, member-centric banking to the people of Iringallur-Palazhi and surrounding panchayats in Malappuram district.

Over the past 30 years, the bank has grown from a humble agricultural credit society into a comprehensive financial institution offering modern banking, gold loans, savings schemes, and socio-economic support initiatives including Neethi stores and fertilizer depots.

Operating strictly under the Kerala Co-operative Societies Act and audited under government supervision, we ensure maximum safety, transparency, and high dividend returns for all our member shareholders.

Iringallur-Palazhi Service Co-operative Bank Building

Our Mission

The bank operates with the primary objective of supporting the farmers of Iringallur-Palazhi Grama Panchayat by providing agricultural loans and assistance, promoting agricultural development, and distributing essential agricultural inputs such as seeds, fertilizers, and pesticides.

The bank accepts deposits from the residents of Iringallur-Palazhi Grama Panchayat and provides loans at affordable interest rates to support the agricultural, social, economic, cultural, educational, and healthcare development and welfare of the local community.

The bank also undertakes and supports various joint development initiatives in collaboration with local self-government institutions, Kudumbashree, and other community-based organizations, contributing to the overall progress and well-being of the people in the region.

LEADERSHIP

Board of Directors & Management

Guided by experienced community leaders committed to transparency and ethical governance.

President

Alavi. M

President
9539885848
Secretary

Shafi Pari

Secretary
9656229222
Vice President

Khalid Perumbally

Vice President
8111980092
Director

Shahul Hameed. E

Director
9847663304
Director

Fathima.N

Director
9446261172
Director

Abbas. K

Director
9847200585
Director

Noushad. P

Director
9048647417
Director

Mujeeb Rahman. C

Director
9995721942
Director

Sidheek. K

Director
9562878711
Director

Muhammed Shareef. V

Director
9946170840
Director

Rasiya. K

Director
8156935931
Director

Gopalakrishnan. M

Director
9961240201
Our Loans

Loans That Turn Your Aspirations Into Achievements.

Business Loans

Businessmen and industrialists need cash for running their business and also to meet their working capital requirements.

House Repair Loans

You can now renovate your house with House Repair Loans from The Iringallur-Palazhi Service Co-operative Bank.

Marriage Loans

Making a wedding successful involves a lot of planning and effort! Hotel bookings, auditorium & ceremony costs.

MSS Loans

MSS scheme loans can be availed by members of the MSS scheme up to 70% of the deposit amount.

Instant Gold Loan

Quick cash against your gold ornaments with safe vault storage and flexible repayment options.

Gahan Loan

Pledge loans providing essential credit support for property, land development, and local agriculturalists.

Savari Loan

Easy automobile and vehicle financing for members to purchase brand new or used two-wheelers and cars.

Kudumbashree Linkage Loan

Group financial assistance and micro-credit for Kudumbashree units and women self-help groups.

View All Banking Services →
FACILITIES & CONSUMER STORE

Facilities & Neethi Supermarket Store

Serving our community beyond core banking through high-tech facilities and fair-price retail outlets.

NEFT / RTGS Remittance

NEFT / RTGS Remittance

State-wide and pan-India direct account money transfer facility for fast, secure financial transactions.

100% FREE Safe Deposit Locker

Safe Deposit Locker (100% Free)

High-security safe deposit lockers provided 100% free of rent for member safety and peace of mind.

Neethi Supermarket Consumer Store

Neethi Supermarket (Consumer Store)

Fair-price consumer store offering quality daily provisions, household goods, and essential commodities at subsidized rates for our community.

REGULATORY PROFILE

Institutional Overview

Key registration and administrative details of our bank society.

Official Registered Name Iringallur-Palazhi Service Co-operative Bank Ltd No. F 1039
Society Classification Class-1 Primary Agricultural Credit Society (PACS)
Governing Authority Department of Co-operation, Government of Kerala
Postal Address IRINGALLUR, G.A COLLEGE (P.O), KOZHIKODE, PIN: 673014
Core Welfare Divisions Banking Branch, Gold Loan Safe Vault, Neethi Medicals, Fertilizer Depot