The Payyanur Co-operative Town Bank was registered as a primary co-operative Bank in 1979 and subsequently brought under the purview of the Banking Regulation Act in October 1987. The RBI license to carry on banking business under Section 22 of the Act was issued to the bank on 26th October 1987. Great personalities in the field of Co-operative sector and social sector have played effective role in the management of this bank. Sri. K P Noorudheen Ex. Minister and Sri. A C Sukumaran Nambiar (late) is some of them. We are highly service oriented and always at your service. We are always ready to meet your financial needs and requirements. Every type of loans are available through us except agricultural loan. We offer high rate of interest rate to the depositors along with insurance guarantee from DICGC up to 5 lakh. We provide locker facility in all branches. More over we offer almost all types of Loan facility including Gold Loan facility through our branches. The Bank has 9 branhces including one evening branch. The bank has 48 permanent staff and 16 DD collection agents commission basis. The head office, the main branch are housed in a beautiful multi-storeyed own building which is situated at the heart of the Payyanur Town. Near Sub Treasury, Hospital road.
