The Kumbakonam Mutual Benefit Fund Limited, fondly called as "KMBF" completes its 111 years of existence on 25th November 2014. The Fund was founded by the late Rao Bahadur Sir N.Krishnaswamy Iyengar on 25-11-1903 and stewarded by many doyens of the city of Kumbakonam in the subsequent periods of time.
The Fund is the only one of its kind in India which has touched the century mark in respect of number of branches, spread over Tamil Nadu of one branch at Karaikal. The total number of Shareholders of our Fund will shortly touch the 10,00,000 mark and the total number of Staff working in the fund are about 1000.
The fund has stood the test of time and can always vouchsafe the quality of our service to our constituents which we believe is due to our operational transparency and functional openness adopted in our dealings. With the unflinching loyalty and overwhelming support of our Shareholders, our Fund has grown gloriously to reach the milestone of 109 years.