Pallipuram Service Co-Operative Bank (Ltd)

Educational Activities

Bank provided scholarship of Rs. 7500 in each year to all students who secured admission for a professional course in merit basis.
Incentive prizes has been awarded to students of members who studied 4th,7th,10th and 12 th standards.Cash incentives and momentos are presenting in the public functions, and thus the students are very much recognized.
Bank provides all study materials at free of cost to all widow’s children, studying upto plus 2 classes (Which includes note books, instrument box, uniforms, umbrella, school bag, tiffin box, pen etc., for the whole year.) About 50 widows coming under this scheme every year.
Financial aid for govt.schools for availing vehicle facility to bring students to school.
Issuing grant to all libraries including school libraries in the operating area of the Bank every year to purchase of books.
BANK IS INTRODUCING A NEW EDUCATION LOAN. IT IS INTEREST FREE LOAN. MAXIMUM LOAN AMOUNT IS RS. FIVE LAKHS. REPAYMENT WIIL START SIXTH MONTH AFTER THE COMPLETION OF THE COURSE. LOAN AMOUNT WILL BE REPAID IN FIFTY EQUAL INSTALMENTS.