Fixed Deposits
The Fixed Deposit scheme is one of the most secure and rewarding savings options offered by the Police Co-operative Society. It allows members and the public to invest a lump sum amount for a fixed period and earn attractive interest on their savings. Designed for stability and guaranteed returns, it is ideal for those seeking dependable, long-term financial growth.
The society offers Government approved interest rates on all types of deposits. Senior citizens enjoy a higher rate of interest as an additional benefit. Since all deposits are insured under the Kerala Depositors' Guarantee Fund Board (KDGF), every investment carries government-backed security and assurance.
Types of Fixed Deposits
- Regular Fixed Deposit: Interest is paid at maturity along with the principal amount.
- Monthly Interest Deposit: Interest is paid out monthly, providing a steady income stream.
- Senior Citizen Deposit: Special higher interest rate for senior members (Interest Rate 8.5%).
Monthly Savings Scheme (MSS)
The Monthly Savings Scheme (MSS) is designed to encourage the habit of regular saving among the members of the Police Co-operative Society. Through this scheme, members can systematically deposit a fixed amount every month, helping them build a secure financial foundation while also meeting future financial needs.
The MSS is managed with complete transparency, accuracy, and efficiency, earning the trust and appreciation of our members. New savings batches (MDS groups) are started every month across different circles, allowing flexible participation.
Compared to other financial institutions, the Society ensures faster processing, simpler procedures, and member-friendly service in the disbursal of MSS maturity amounts. These values have made the MSS one of the most popular and trusted savings initiatives of the Police Co-operative Society.
Loans
The Police Co-operative Society offers a wide range of loan schemes to meet the diverse needs of its members. Whether it's for personal expenses, education, medical emergencies, or festive occasions, we ensure quick processing, affordable interest rates, and flexible repayment options with transparent procedures and simple guarantor systems.
Types of Loans (വിവിധയിനം വായ്പകൾ)
Ordinary Loan (സാധാരണ വായ്പ)
- Interest rate: 9.5% per annum
- Up to ₹20,00,000 with three-member mutual surety
- Up to ₹15,00,000 with two-member mutual surety
- Up to ₹7,00,000 on self-guarantee
Emergency Loan (അത്യാവശ്യ വായ്പ)
- Loan amount: Up to ₹5,00,000
- Interest rate: 9.5% per annum
Festival Loan (ഉത്സവകാല വായ്പ)
- Special loan for Onam, Christmas, and festive occasions
- Loan amount: Up to ₹50,000
- Interest rate: 9.5% per annum
Marriage Loan (വിവാഹ വായ്പ)
- For marriage expenses of members or their children
- Loan amount: Up to ₹5,00,000
- Interest rate: 8% per annum
Professional Education Loan (പ്രൊഫഷണൽ വിദ്യാഭ്യാസ വായ്പ)
- For professional education of members' children
- Loan amount: Up to ₹5,00,000
- Interest-free
Education Loan (വിദ്യാഭ്യാസ വായ്പ)
- For academic expenses during the year
- Loan amount: Up to ₹50,000
- Interest rate: 5% per annum
Critical Care Loan (ക്രിട്ടിക്കൽ കെയർ വായ്പ)
- For emergency medical treatment due to illness or accidents
- Loan amount: Up to ₹2,00,000
- Interest-free
Infertility Treatment Loan (വന്ധ്യതാ ചികിത്സ വായ്പ)
- For infertility treatment
- Loan amount: Up to ₹2,00,000
- Interest-free
Gold Loan (സ്വർണ്ണപണയ വായ്പ)
- Loan amount: Up to ₹5,00,000
- Interest rate: 9% per annum
Vehicle Loan (വാഹന വായ്പ)
- For two-wheelers or cars
- Up to 80% of vehicle value, maximum ₹10,00,000
- Interest rate: 9% per annum
Hire Purchase Loan (ഹയർ പർച്ചേസ് വായ്പ)
- For home appliances, mobile phones, or laptops
- Loan amount: Up to ₹1,00,000
- Interest-free hire purchase
Safe Locker
The Safe Locker facility offers members a secure and private space to store valuables, important documents, and jewelry. Equipped with modern security systems, the lockers provide peace of mind and round-the-clock protection. Members can access their lockers conveniently during working hours at designated branches.