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WELFARE & SCHEMES KISHCO (Kerala Insurance Savings Housing Co-operative)

The scheme was started on 01-11-1984. In this scheme a member has to be remit Rs. 100/- per month for 121 months. The member can withdraw  the amount from his account either as loan or as cash at any time. After the completion of the maturity period the Society will pay Rs.68000/- to 1,50,000/- according to the period of maturity . There are 6393 members in this scheme .The society is providing financial assistance to the tune of Rs.38,000/-to Rs. 68,000/- to the dependents of the KISHCO members in case of death of the members. The society had so far provided financial assistance to 98 persons amounting to Rs.38,65,000 /- as KISHCO Death Benefit Fund.