General IFSC Code: ICIC0000103

Who we are

Parappanangadi Co-operative Service Bank is one of the oldest and most trusted co-operative institutions in Malappuram district, serving the coastal belt of Parappanangadi for more than a century.

The bank was registered on 2nd September 1917 as 'Aikya Nanaaya Sangham' and commenced activities on the 22nd of the same month. What began as a small mutual-aid society for the farmers, fishermen and traders of Parappanangadi grew steadily with the community it served.

In 1937 the institution was converted into an urban bank, and in 1963 it was re-registered as a service bank, beginning its present phase of functioning in April 1964. Successive upgrades followed — Class III in 1970, Class II in 1979, Class I in 1985, Class I Special Grade in 1998 and finally Class I Super Grade in 2014.

Today the bank operates a fully air-conditioned head office along with branches at Chettippadi, Mundiyan Kavu, Palathingal and Chiramangalam, plus an Evening Branch and a Holiday Branch so that members can bank on every day of the year. Core banking, SMS alerts, RTGS, NEFT, DD and international money transfer facilities are all available across our counters.

Beyond banking, PCSB runs a Neethi medical store and medical laboratory, funds treatment for cancer and dialysis patients, and supports schools, anganwadis and hospitals across its operational area — because a co-operative exists for the people who build it.

PCSB 1PCSB 2PCSB 3PCSB 4

Our voyage

A century of milestones

  1. 02-09-1917

    Registered as Aikya Nanaaya Sangham

  2. 22-09-1917

    Commenced its activities

  3. 01-09-1937

    Converted as urban bank

  4. 16-03-1963

    Registered as service bank

  5. 01-04-1964

    Started functioning

  6. 01-01-1970

    Rewarded as class III bank

  7. 23-11-1979

    Upgraded as class II bank

  8. 23-10-1984

    Started new branch at Chettippadi

  9. 01-01-1985

    Upgraded as class I bank

  10. 15-05-1994

    Started new Branch at Mundiyankavu

  11. 01-07-1998

    Upgraded as class I special grade

  12. 21-02-2001

    Started new Branch at Palathingal

  13. 01-06-2002

    Started new Branch at Chiramangalam

  14. 06-09-2004

    Started Evening Branch

  15. 30-03-2014

    Upgraded as class super grade bank

  16. 10-08-2018

    Started Holiday Branch at Putharikkal