About us
Kerala Co-operative Deposit Guarantee Fund Board Was established under the order G.O (p) No 3/2012 co.op dated 11/1/2012 under the provisions of section 57 B of Kerala Co-operative Society Act 1969 and now these scheme is known as kerala Co-operative Deposit Guarantee Scheme 2012. Government have decided to enrol all Co-operative Societies under the control of Registrar of co-operative societies which accepts deposits as members of the Kerala Co-operative Deposit Guarantee Scheme.
The purpose of this scheme is to provide guarantee for the deposits made the societies for creating confidence among the depositors and for attracting more deposits. The scheme shall apply to all credit Societies except these which are defunct or dormant or which are under liquidation.