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Indian Overseas Bank

       The fast growth and the development of the economy of India reflect in Rajakamangalam Thurai too. Yes, the significant increase in monitory rotation ends at the extension of Indian Overseas Bank here. IOB launched an extension counter here on 27/03/2001. It started functioning under the management of Mr. Francis Devotta.

      The amiable interaction between the manager and our village people has increased the number customers to the bank on a daily basis. At present, it is one of the busiest banks in our surroundings. The current manager of our bank is, Mr. John Joseph Raj. The customer service is remarkable as it is witnessing new customers not only from Rajakamangalam Thurai but also from other neighbouring villages. Moreover, it is the official bank branch for most of the students from Manonmaniam Sundaranar University Marine Biology Department, Pannaiur.