 The State Bank of Travancore, Muthoot Finance, and Co-operative Bank are providing banking services in Parathode.Other services include a head post office, telephone exchange, State bank ATM, ESAF, Milma society, Akshaya Centre, Krishy Bhavan, a veterinary hospital, PHC (near Parathodu), Maveli Store, K.M.Beenamol Stadium, a villager's open market transportation facility and a public library.