Welcome toPappinisseri Co-Operative Rural Bank
The Pappinisseri Cooperative Rural Bank has been a symbol of trust and progress since its establishment in 1947. Beginning as the PCC Society and later registered as a rural bank on March 7, 1956, with an initial working capital of ₹22,500, the bank has grown into a Class 1 Super Grade Bank with a capital base of ₹630 crores.
Under the visionary leadership of Shri K.P.R. Rayarappan, the bank has played a vital role in the socio-economic development of the region. With 15 branches, including the most recent one at Koolichal, Morazha, the bank continues its mission to serve the community effectively.
The bank's dedication to social responsibility was evident during the Wayanad landslide tragedy, where ₹10 lakhs was contributed to the Chief Minister’s Disaster Relief Fund, alongside personal contributions from employees and board members.
In line with modern requirements, the bank's headquarters, main branch, and K.P.R. Rayarappan Auditorium are undergoing upgrades, with plans to complete and dedicate these projects within the year. Additionally, 10.65 acres of land adjacent to the bank have been acquired for parking and future development.
Steady growth in deposits and loan distribution highlights the bank’s role as an economic backbone of the region, reflecting the trust and support of its members and customers.
The Pappinisseri Cooperative Rural Bank remains committed to its mission of fostering development and empowering the community through cooperative principles.