Kerala Permanent Benefit Fund Ltd. (KPBF) is a Public Ltd. company established in 1989 under section 620-A of Indian Companies Act 1956. It is a mutual benefit company where only members can transact. The company has approval from the Government of India, Department of Company Affairs (No. 37/13/90-CL III dared 13 - Dec-1990) abd the Reserve Bank of India (DFC (BG) No. 6408 dated 29-Jan-1991).
The company's activities are closely controlled and monitored by the Department of Company Affairs. Like all commercial Banks, we also completely comply with the guidelines such as Capital Adequacy, Statutory Liquidity. Asset Classification & Income Recognition.
We lend only against the security of Gold, Fixed Deposits, LIC Policies, Real Estates and Government Securities to ensure that our advances are totally, 100% secured.
Currently the operations of the company is under the direct supervision of eleven directors. They are from the elite of business community with a rich, unblemished social standing.
The company's activities are closely controlled and monitored by the Department of Company Affairs. Like all commercial Banks, we also completely comply with the guidelines such as Capital Adequacy, Statutory Liquidity. Asset Classification & Income Recognition.
We lend only against the security of Gold, Fixed Deposits, LIC Policies, Real Estates and Government Securities to ensure that our advances are totally, 100% secured.
Currently the operations of the company is under the direct supervision of eleven directors. They are from the elite of business community with a rich, unblemished social standing.