The Palakkunnu Sree Bhagavathy Temple is one of the well-known temples of Kerala. The principle Goddess of the Palakkunnu Sree Bhagavathy Temple is Goddess Bhagavathy who is also known as Kurumba Bhagavathy. The other Gods and Goddesses at the temple are the Iliya Bhagavathy, Dhandan, Ghandakarnam, Vishnu Moorthy and Gulikan. The festival which is quite extraordinary celebrated in the temple is Bharani Mahotsavam which is celebrated in March. The festivities start on the next day of the Arattu Festival of Trikkannad Temple and end with the Auirathiri Ulsavam