Palacode (also known as Palakodu or Palacode) is a panchayat town in Dharmapuri district in the Indian state of Tamil Nadu.

Palakkodu is located at 12°18′N 78°05′E / 12.3°N 78.08°E / 12.3; 78.08. It has an average elevation of 533 metres (1748 feet).

As of 2011 India census, Palakkodu had a population of 20,959. Males constitute 51% of the population and females 49%. Palakkodu has an average literacy rate of 64%, higher than the national average of 59.5%: male literacy is 70%, and female literacy is 57%. In Palakkodu, 12% of the population is under 6 years of age.

Palacode constituent assembly sends representative to the state assembly. For Lok Sabha it belongs to Dharmapuri Constituency.

• State Bank of India
• Indian Bank
• Indian Overseas Bank
• Lakshmi vilas Bank
• Union bank of India
• Ujjivan Small finance bank

1. Wisdomland Matriculation School Karagadahalli Palacode

2. Jaisakthi matriculation higher secondary school palacode

3. Jaisakthi Hi tech CBSE school palacode

4 Jaisakthi kids school palacode

5.Govt polytechnic college palacode was Dharmapuri District Co-op Sugar Mills Polytechnic College,

6. Govt arts and science college, Palacode

7. Arunachalam arts and science college palacode

Palacode has a public library, located opposite BDO office. It has over 16,000 books and various journals.

Palacode railway station, Marandahalli railway station

1.Palacode bus stand

Dr Sendhilkumar is a public health researcher.

Palakodu is also the birthplace of Kannada actor Uday Kumar.