Irinjalakuda, hailed as the commercial capital of central Kerala can boast of more than fifty financial institutions ranging from Nationalized Banks to Private Money Lenders. Even when all these institutions do commendable service since their inception, Koonans Gold Loan promoted by Late Sri K T Lonappan has a unique place in the hearts of the people of Irinjalakuda and later after his heavenly abode was taken over by his three sons. They followed the footsteps of their father and tried to keep the trust & loyalty inherited from their paternal business ethics. And thus, whenever people of Irinjalakuda are in need of quick money, they will be there at the doorsteps of Koonans Gold Loan without a second thought and also the first name that comes up in their mind will be Koonans. With a glorious tradition of flawless business which extends to more than 40 years and thousands of satisfied customers, Koonans is still the trusted financial institutions for the people from all over the outskirts and the centre of the home town , Irinjalakuda.
Koonans started its operations in late 19th century with Late Sri Koonan Thomas who is considered a doyen in the private banking sector of Kerala and the tradition of trust was successfully carried forward by his son Late Sri K T Lonappan and later Mr. K L Thomas, Mr. K L Jose and Mr. K L Johnson took in charge of the business to make it soar high. With a business culture based on positive values and ethics, Koonans still rules the roost with no hidden costs or untold interests to burden the customers. The trust shown by our esteemed customers prompted us to spread our wings and expand our service to the adjacent towns and suburbs. The firm is now carried over to the fourth generation adjoined by Mr. John Thomas, a Business Post Graduate and Mr. Biju Jose, an Engineering Graduate.