Fixed Deposits are generally very safe investments and are used to denote a larger class of investments with varying levels of liquidity.
Read MoreSavings bank accounts are meant to promote the practice of saving and thrift among the public. Any person, based on his/her income level can start SB account.
Read MoreLoans are given to members of bank who are in need of money for right purpose. Loans can be given in one lump sum for a fixed period and are repayable in monthly installments.
Read MoreEvery facility has been carefully planned and provided, so as to ensure that they get the most out of them.
Read MoreTrichur Handicraft Workers Industrial Co-operative Society Limited (THWICS) centered at Trichur and established in the year 1971 (6th March 1971), was set up by a group of experts in the handicraft industry with an intention to develop the industry and economical uplift of thousands of workers associated with it.
Fixed Deposits are generally very safe investments and are used to denote a larger class of investments with varying levels of liquidity.
Savings bank accounts are meant to promote the practice of saving and thrift among the public. Any person, based on his/her income level can start SB account.
Loans are given to members of bank who are in need of money for right purpose. Loans can be given in one lump sum for a fixed period and are repayable in monthly installments.
Every facility has been carefully planned and provided, so as to ensure that they get the most out of them.
According to the Indian Culture, handicraft plays a major role in the district of Trichur. To bring a boom in this industry, the bank was brought into the scene. This was done with the help of bank stores along with the wholesale as well as retailers. There were no mediators or dealers to be seen in the scene. The THWICS takes up the responsibility of trading their produce in bulk or retail through its various showrooms.
As Govt. of Kerala is facing acute shortage of electric power in the state, a project that can improve the power situation in the state will be welcomed by the Government. The idea was to generate green energy by installing solar panels at various locations in the panchayath limits of the district. ‘Green industrial Kerala’ is the slogan of the new project undertaken by the society. Also we have plans to set up LED bulbs manufacturing unit run by women.
| Tenure | Interest Rate | |
|---|---|---|
| Fixed Deposit | 15 days to 3 months | 6 % |
| 91 days to 6 months | 7 % | |
| 181 days to 12 months | 7.5 % | |
| 1 year to 2 year | 8.5 % | |
| 2 year and more | 9 % | |
| Senior Citizen | .5 % Extra | |
| Amount | Tenure | Return |
|---|---|---|
| 50000 | 78 Months | 100000 |
| 50000 | 114 Months | 150000 |
| 50000 | 150 Months | 200000 |
The main aim of common facility centre is to provide lot of artisans with the facilities for the development of crafts
In order to promote and Market Handicrafts, such a platform is build up so that there is a direct marketing taking place.
To develop the traditional skill of artisans and introduction of new techniques and technologies for enhanced production.
To develop the industry and economical uplift of workers we takes up their products in bulk or retail through our showrooms.
Disbursing Loan to the Artisans belonging to backward classes in the handicrafts sector is another activity undertaken by them.
Women empowerment is kept on a high priority keeping in view various employment options foucused on women.
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