Madayi Co-operative Rural Bank

Madayi Co-operative Rural Bank Ltd located in Payangadi, Kannur, established in 1956, is a prominent financial institution serving the local rural community. Since its founding, the bank has expanded to 24 locations, offering a wide range of banking services designed to meet the needs of small enterprises, farmers, and rural communities. This financial firm was founded with an 18.24 crore share capital with the goal of giving rural communities access to basic banking services.

Madayi Co-operative Rural Bank enhances the general economic development, financial stability, and social well-being of the areas it serves by concentrating on the particular requirements of rural communities. Its dedication to aiding rural people, small enterprises, and agriculture emphasizes how crucial a role it plays in advancing financial inclusion and sustainable development.