" We, Sree Narayana Guru Co-op T&C Society do not have any branches in any of the states except Delhi & NCR. We came to know that somebody is offering loans in other states especially in Kerala under the name of Sree Narayana Finance and spreading our communication details. If any body falls under their trap, it is their own risk and responsibility. We are nothing to do or liable for any consequences. For any further clarification, contact us. VK Balan Secretary "
" A simple fact that is hard to learn is that the time to save money is when you have some.”


Fixed Deposit Scheme :

PeriodInterest Rate
One Year 9.50%
Two Year 10%

** note : for senior citizens 0.25% extra

Contributary insurance scheme :

The Society introduced this scheme in 2009 for our esteemed members. With effect from 1st April 2019, we are collecting a sum of Rs.400/- from each members for this Scheme and also collecting 0.8% of the loan amount as and when a Member availing Consumer/Regular loans. Under this scheme a sum of Rupees One Lakh will be paid to the nominee/legal heirs of the deceased member on submission of the valid proof. We are also waive off the loan dues up to a sum of Rupees Three Lakhs of the deceased members. We are also reimbursing upto a sum of Rs.15,000/- to our members towards hospitalisation/medical expenses in certain cases of diseases such as dialysis, cancer, heart attack & accidental cases.

monthly deposit scheme :

To encourage the saving habit, the Society has started a Saving Scheme to the Members of the Society. The saving unit is Rs. One lakh or its multiples up to Rs. Ten lakhs, payable in 20 monthly instalments of Rs. 5,000/- per lakh, less discount. The Member can take loan against the saving account also. The loan will stand repaid if all the 20 instalments are paid back. After 20 months, the maturity value plus incentives will be paid to non borrower Members. More details contact the society.

compulsary deposit scheme :

Every member has to make a Compulsory Deposit of Rs.200/- every month up to Rs.20,000/-. An interest of 8% is paid against this deposit. It is compulsory for all Members to make this deposit up to Rs.20,000/-. After that there is no upper limit of this deposit.Interest @ 8.5% will be paid on entire amount when it exceeds Rs.20,000/-

reccuring deposit scheme :

  • Deposit will be accepted only on Monthly Basis of Rs.500/- or its multiples.
  • Interest Rate is 9.5 % P.A.
  • Interest Added Every 3 Months