About Pandarakalam Group
The Athirampuzha Market of modern times developed from 1867 when the Maharaja of Travancore officially declared this place as market .Our group’s forefathers settled to this place for business two years ahead of the inauguration of the market . They had their share of efforts in accelerating the royal declaration of recognition of Athirampuzha market.
Our group ‘s story is inextricably woven with the business and it will not be complete without chronicling the business activities . It is closely associated with the growth of this place .Five generations from the family had entered in the business field of Athirampuzha market.
1924
Sri Cheriathu Varkey( 1876 to 1957) started the first gold loan company "Cheriathu Bankers" in 1924.
1935
Malabar People’s Bank was started in 1935 by Sri. P.V Paul (1916 to 1981).
...and the trusted tradition continues...