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Nadapuram Co-operative Urban Bank is a reputable banking institution recognized by the Reserve Bank of India (RBI). As a co-operative bank, it prioritizes serving the financial needs of its members and the local community. With a strong focus on customer satisfaction, the bank offers a range of financial products and services, including deposits, loans, and remittance services. The bank's commitment to innovation and technology ensures seamless and secure banking experiences. With a deep understanding of local needs, Nadapuram Co-operative Urban Bank is dedicated to fostering financial inclusion and economic growth in the region.
The Nadapuram Cooperative Urban Cooperative Bank was established in 1996.
It came under the Banking Regulation Act and obtained the Reserve Bank License on February 1st, 2002.
Banking operations officially commenced on March 2nd, 2002.
The bank is headquartered in Nadapuram, a vibrant town in the Kozhikode district of Kerala. Our operational reach extends to Nadapuram, Thuneri, Kunnummal, Vanimal, Purameri, Chekkiad Panchayaths, and Valayam Village.
A Abdul Asees served as the Chief Promoter, while Sooppy Narikatteri took on the role of Hon. Secretary. The bank was established with a mission to support the community’s economic initiatives, encourage savings, and provide financial aid to deserving members.
In 2005, our dedication to excellence was recognized when we won the Kerala State Cooperative Bank's Best Performance Award.
A Class: Ordinary Individual Members having voting rights
B Class: State Government & other approved bodies
C Class: Ordinary Individual Members with no voting rights
General Body Meeting: The highest decision-making body for A Class Members.