Depositors of Karuvannur Service Cooperative Bank will start getting their money under the first relief package from November 1.
While fixed deposits up to ₹1 lakh can be renewed or withdrawn totally, deposits above this amount can be withdrawn partially with interest. People with savings accounts can withdraw an amount up to ₹50,000.
As per the package, 21,190 of the 23,688 savings account holders can withdraw money totally from their account. The rest 2,498 can partially withdraw money.
