Kozhikode District Pravasi Welfare CO-operative Society Ltd. No. D-2980 was started with a vision to provide loans and other service to common people through Co-operative Sector.The Board of members at the preliminary stage were Mr.K.C.Najad ( President), . E.Pradeesh (Secretary),

The Bank received registration on 31st Januvery 2013 . The Bank was inaugurated on 4th of May 2013 by Shri. Aryadan Muhammed, the Honorable Minister for Electricity and Transport (Government of Kerala). The Bank started functioning and its area of operation was in villages ,Web site inaugurated on 4th of My 2013 by Shri. Raj Mohan IPS (Superintendent of Police Kozikode Rural)

The Head Office and the Main Branch of the Bank is operating on Kuttiadi, The Bank was fully computerized The Bank purchased a land 9.6 cent at Kuttiadi Towen Kozhikode City for constructing its own building.

In the banking operation the bank opted Core Banking Facility and SMS Banking for knowing account details through mobile for their customers.Now the bank is able to provide loans upto 20 lakhs. The Bank with this span of time was able to develop as one of the leading Bank in the co-operative Sector .