Kerala Bank has amassed the funds through deposits from cooperative societies in Trichur district.
Abhirami reportedly committed suicide after finding the notice on her house premises.
State Minister for Cooperation V N Vasavan informed that he has sought a detailed report on the incident.
The loan was taken from the Ezhamkulam branch of the Kerala Bank.
The bank officials said they could not accept the cheque as the loan had already been closed.
Cooperative banks deal with cash regularly as they distribute social welfare pensions, Kerala State Road Transport Corporation (KSRTC) pension and other government scheme payments.
Wipro will also set up a Data Centre, Disaster Recovery Centre, Near DR (Disaster Recovery) and command centre, implement the latest RBI cybersecurity frameworks, and provide facility management services for five years.
The audit report by the Cooperative Department had found that serious irregularities were committed by these district cooperative banks.
All banks coming under the Kerala Bank, except Malappuram District Cooperative Bank, would come under the ambit of the new notification.
The bank authorities explained that the decision was based on a Reserve Bank of India directive on non-agricultural loans.