The District has 99 branches of 11 Commercial Banks. The Idukki District Cooperative Bank has 29 branches. There are 71 Primary Agricultural Credit Societies (PACS) and one Farmers Service Society ( FSS ) in the District. A large number of PACS are heavily dependent on the District Cooperative Bank due to their poor resource base. Integrated Cooperative Development Project ( ICDP ) is being implemented in the District to bring improvement in the functioning of cooperatives and development of infrastructure for further credit flow. There are four Primary Cooperative Agriculture & Rural Development Banks ( PCARDB ) in the District. The overall recovery position of the PCARDBs in the District as at end of March 2000 is 86%. The District has also has large number of registered private money lenders including that of the leading private Bankers like Muthoot Bankers, etc.

Idukki District Co-operative Bank

Particulars District Co-Operative Bank Primary Agricultural Credit Societies Primary Cooperative Agriculture & Rural Development Banks Commercial Banks Total
No. of Banks 1 72 4 11 88
No. of Branches          
(a) Rural 23 72 11 94 200
(b) Semi-Urben 4 nil nil nil 4
(c) Urben 1 nil nil 5 6
Total 29 72 11 99 211

Scheduled Banks

Bank Number of Branches
State Bank of India 13
State Bank of Travencore 25
Union Bank of India 25
Canara Bank 1
Central Bank of India 2
Sindicate Bank 1
Bank of Baroda 1
Federal Bank 18
South indian Bank 9
Catholic Sirian Bank 3
Dhana Lekshmi Bank 2
State Co-operative Bank 1
Total 101

Co-Operative Banks

Idukki District co-operative Bank 29
Service Co-operative Bank 75
Urban co-operative Bank 2


Kerala State Financial Corporation 2
Kelata State Agriculrural & Rural development Bank 4