THE Mattancherry
SARVAJANIK CO-OPERATIVE BANK LTD
(RBI licensed Urban Bank)
Severity: 8192
Message: Creation of dynamic property CI_URI::$config is deprecated
Filename: core/URI.php
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File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Filename: core/Controller.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$hooks is deprecated
Filename: core/Controller.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
Severity: 8192
Message: Creation of dynamic property Deposit_rates::$config is deprecated
Filename: core/Controller.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$log is deprecated
Filename: core/Controller.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
Severity: 8192
Message: Creation of dynamic property Deposit_rates::$utf8 is deprecated
Filename: core/Controller.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
Severity: 8192
Message: Creation of dynamic property Deposit_rates::$uri is deprecated
Filename: core/Controller.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
Severity: 8192
Message: Creation of dynamic property Deposit_rates::$exceptions is deprecated
Filename: core/Controller.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
Severity: 8192
Message: Creation of dynamic property Deposit_rates::$router is deprecated
Filename: core/Controller.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$output is deprecated
Filename: core/Controller.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$security is deprecated
Filename: core/Controller.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$input is deprecated
Filename: core/Controller.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$lang is deprecated
Filename: core/Controller.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
File: /home1/appfolder/public_html/msc.appfolder.in/index.php
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$db is deprecated
Filename: core/Loader.php
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Function: require_once
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Message: Creation of dynamic property CI_DB_mysqli_driver::$failover is deprecated
Filename: database/DB_driver.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
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Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
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Filename: Session/Session.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
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Filename: Session/Session.php
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Function: __construct
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Filename: Session/Session.php
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Filename: Session/Session.php
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Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: drivers/Session_files_driver.php
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Backtrace:
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Filename: Session/Session.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
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Function: require_once
Severity: 8192
Message: Creation of dynamic property Deposit_rates::$session is deprecated
Filename: core/Loader.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
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Message: Creation of dynamic property Deposit_rates::$pagination is deprecated
Filename: core/Loader.php
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Function: __construct
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Message: Creation of dynamic property Deposit_rates::$form_validation is deprecated
Filename: core/Loader.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Message: Creation of dynamic property Deposit_rates::$image_lib is deprecated
Filename: core/Loader.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Message: Creation of dynamic property Deposit_rates::$cart is deprecated
Filename: core/Loader.php
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Backtrace:
File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: __construct
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$email is deprecated
Filename: core/Loader.php
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Message: Creation of dynamic property Deposit_rates::$obj_pages is deprecated
Filename: core/Loader.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Function: model
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Function: require_once
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Message: Creation of dynamic property Deposit_rates::$obj_banner is deprecated
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Message: Creation of dynamic property CI_Loader::$load is deprecated
Filename: core/Loader.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Filename: core/Loader.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Filename: core/Loader.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Filename: core/Loader.php
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File: /home1/appfolder/public_html/msc.appfolder.in/application/controllers/Deposit_rates.php
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Filename: core/Loader.php
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| Deposit Rates WEF 07/04/2025 | ||
| TENURE | NORMAL RATES | SENIOR CITIZENS |
|---|---|---|
| DAYS | ||
| 46 Days to 180 Days | 5.75 % | 6.25 % |
| 181 Days to 364 days | 6.80 % | 7.30 % |
| 365 days to 3650 days | 7.00 % | 7.50 % |
| Special Deposit Benifit:- Rs. 1 Crore & Above 365 Days |
7.90 % | 7.90 % |
| Savings Bank Interest | 2.75 % | 2.75 % |
| Special Benefits: | ||
| Premature closure penal interest rate of 2.00% | ||
| Up to 30 days to 45 days schemes are terminated | ||
| Note: | ||
| The Higher interest rate admissible to Senior Citizen and Single Deposit of Rs. 50 Lakhs will not be allowed for the same depositor at a time. | ||
The said society was purely a communal one and only persons belonging to the Gowda Saraswath Brahmin Community were admitted as members. It worked successfully for 23 years and built up a large clientele and good resources of its own. When the Travancore Cochin Co-operative Act X 1953 came in to existence the said Mattancherry Saraswath Co-operative Bank Ltd., No.217 went in to voluntary liquidation in the year 1953 as the continuance of communal societies was ultra vires of the said act.
So the members of the society joined together and registered a separate society under the T.C.Co-operative Societies Act, X of 1952, by name the Mattancherry Sarvajanik Co-operative Bank Ltd., No.3284 and got enrolled 527 members and started its operations on 16th March, 1953, with a princely sum of Rs.13000.00 as share capital. The Late Sri. N Govinda Pai was the first president to be followed by Sri. G Vasudeva Shenoy in 1954.