Kottekad has a prominent place in the business map of Kerala as the centre of reliable chitti business. The trust and goodwill of generations have turned this place to be a synonym of successful chitti business. People from different walks of life, especially the middle class depend on chitties to fulfill their financial needs and dreams. Today, chitti business in Kottekad has doubled its scope with time tested sincerity, commitment and reliance on traditional cum professional financial operations.
Fathimanatha kuries, situated opposite to the famous pilgrim centre Kottekad Church at Fathima Shopping Complex has proven to be the frontrunner of chitti business in Kottekad within a short span. This institution is headed by a group of well- experienced and efficient personalities who have made their mark in social-political, religious and literary fields. Fathimanatha is always keen to adapt modern facilities and to provide maximum flexibility for its clients and supporters.
Fathimanatha Kuries (P) Ltd, was inaugurated on 14th February 1993 by the former Forest Minister of Kerala Sri.K.P.Viswanathan. The then Kottekad Church Vicar Rev.Fr.Jose.J.Vezhaparambil was its founder patron. Fathimanatha has branches in Faridabad and Jammu.
Fathimanatha Kuries started functioning with a capital of Rs.35 Lakhs furnished and with its substitutes through 64 different kuries. Today Fathimanatha has 23 ongoing kuries and 41 completed kuries with about 7000 kuri subscribers.
It offers a variety of kuri schemes monthly, quarterly and pooval with number of divisions ranging from 3 to 12 for each. Instalments vary from Rs.400 to Rs.3000 and Kuri prize amount from Rs.20,000 to Rs.1,10,000. Various consolation prizes are also offered to subscribers. |
