srikakulam is the district headquarter of the eponymous district in Andhra Pradesh. This municipal corporation functions as the headquarter of the Srikakulam revenue division as well as the Srikakulam Mandal. Srikakulam is believed to have been founded by Balarama. It was earlier known as Chicacole before the Indian independence. The city has nearly 1.5 lakh residents and Telugu is the most commonly used language in the area. The city has ample government schools to impart primary and secondary school education. The city has quite a few aided and private schools and colleges. The city has very good connectivity in terms of roads and railway. The city is known for the Arasavalli Sun temple which is believed to be the abode of the Sun God. Legend says that the great sage Kasyapa had installed the idol in the temple. It is one of the two sun temples in India and attracts a lot of devotees.
The head office of the Tamilnad Bank is at Thoothukudi, Tamil Nadu. The primary objective of founding TMB was to serve the Nadar business community, and the idea was proposed at the annual meeting of Nadar Mahajani Sangam at Tuticorin in 1920. Outside the state of Tamil Nadu, the bank opened its first Indian branch at Bangalore in 1976. On 9 December 1984, the bank opened its first fully computerized branch at WGC Road, Tuticorin. On 11 November 2003, the Bank launched its ATM Card. In e-banking, RTGS/NEFT facilities have been successfully implemented by the TMB bank. The Tamilnad Mercantile Bank had the tie-up with Western Union Money Transfer to facilitate the remittances from abroad to India. For providing payment gateway services to the internet banking customers, TMB bank collaborated with BillDesk (India ideas.com), CCAvenue (Avenues India), SBI ePay, Atom Technologies and PayU India. It was the first old bank to supplying POS machines and introduce mobile banking to Customers. The bank had adopted a video conferencing facility for connecting with the Head Office, various Departments, and Regional offices. For its ATM operations, TMB bank is a member of National Financial Switch. The bank also introduced TMB e-passbook app as a part of its mobile banking operation.