WHO WE ARE

The Bharanickavu Service Co-operative Bank Ltd.No. 829. is spearheading a comprehensive agri-hub initiative aimed at fostering rural economic development through value addition,agricultural nursery, and custom hiring services.

The bank has a longstanding agricultural legacy in the Onattukara region,and through its projects focuses on supporting farmers and entrepreneurs by offering key services and infrastructure.Bharanickavu SCB is deeply rooted in the agricultural traditions of the Onattukara region and continues to implement various programs aimed at the economic, social, and cultural upliftment of the community.

Our Banking Facilities

MEMBERSHIP GROWTH

At the beginning of the financial year 2022-23, the bank had 33,465 members, which increased to 34,242 members during the reporting period.

STATE COOPERATIVE & AGRICULTURAL LOANS

we provide agricultural loans at fair interest.

KUDUMBASHREE UNITS & SELF HELP GROUPS

The bank provided loans amounting to Rs. 25,900,000 to Kudumbasree units and Self-Help Groups (SHGs), empowering these organizations to sustain their operations and support local development initiatives.

PROJECTS

The Bharanickavu Service Co-operative Bank (SCB) is launching a transformative project that integrates value addition, agricultural nursery,
and custom hiring services, with a specialfocus on Onattukara Ellu (GI tagged). Onattukara, a historically rich agricultural region in Kerala,
is renowned for producing high-quality sesame, an essential ingredient in varioustraditional and modern food products. Recognizing the importance of this crop, the bank aims to enhance its value by developing a value-addition unit under the brand Bharani Food Products,which will process Onattukara Ellu into market-ready items, contributing to its long-termsustainability and profitability.

In a nutshell:

The project aims at revitalization of Onattukara Sesame (GI Tagged) through
Value Addition, in Conjunction with Bharani Food Products through the following

VALUE ADDITION

To establish a value addition unit under Bharani Food Products focused on processing Onattukara Ellu and other locally sourced food products to create high-quality, marketable items. To boost the profitability of farmers by enhancing the market value of traditional crops through modern processing techniques.

AGRICULTURAL NURSERY

To provide high-quality coconut saplings, horticultural plants, ornamental plants, and indoor plants to farmers, encouraging sustainable agricultural practices. To promote plant diversity and crop health through the nursery’s offerings.

CUSTOM HIRING CENTRE

To offer a custom hiring service for farming equipment and machinery, making advanced agricultural tools accessible to small and marginal farmers at affordable rates. To improve farming efficiency and productivity by reducing the operational costs for farmers.

SUPPLY CHAIN EFFICIENCY

To implement IT-based systems through the CITA model for streamlined supply chain management,ensuring transparency, traceability, and efficiency in production, processing, and distribution.

LOCAL ECONOMIC DEVELOPMENT

To support local economic growth by creating employment opportunities through the value addition unit, nursery, and custom hiring center, while contributing to the broader agri-business ecosystem of the region.