Service / Vishranthi - The old age village

Vishranthi - The old age village

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Retirement Homes
Vishranthi - The old age village
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How to Join Vishranthi: Those interested are advised to make a visit to Vishranthi by prior appointment. After the visit a formal application can be submitted along with the first installment of the joining fee. A married couple or a single person can take up a cottage in Vishranthi for life time, by paying a joining fee of Rs.5.00 lakhs. This joining fee is ordinarily non-refundable. However, if a resident leaves the cottage due to unforeseen contingencies, during the first 5 years, the joining fee will be partly refunded according to a diminishing scale. No refund would be made after the 5th year. Another option for payment of joining fee for life time accommodation is to pay Rs.1.10 lakhs as first installment, occupy the cottage and pay the balance amount in 4 equal annual installments of Rs.1.10 lakhs each.(in this option, the need for refund does not arise). Recurring expenses on food, electricity, establishment, medical care etc will be charged on a monthly basis, which the residents have to assure through bank account /guarantors. Residents joining the institution are eligible to stay in the cottage for their lifetime. In this regard the relationship between the Trust and the residents will be as per the terms of a Deed of License to be executed between both parties. The Board of Trustees reserves the right to deny admission to any applicant. Apart from life long membership, residents may stay in cottages for short terms (not more than 6 months at a time ) on payment of monthly charges, without payment of joining fees. (Of course, a small amount by way of caution deposit will be required). Vishranthi Old Age Village, Kadannappally P.O. Kannur Dt. 670501. Retirement home / Senior citizen home in Kannur.