Panachikkad is a village in Kottayam district in the state of Kerala, India.

The Panachikkadu Temple or Panachikkad Saraswathi Temple, also known as the Dakshina Mookambika Saraswathy Temple, is a Hindu temple dedicated to the goddess Saraswati. The temple is located in the southern region of the Indian Peninsula, in Panachikkad in Kottayam District, Kerala, India. It is one of the most prominent Saraswati temples for devotees in Kerala. But, the main deity of the temple is Lord Vishnu, who was installed long before Goddess Saraswati. Still the temple is known as Saraswati temple, due to the popularity of the Goddess. There are sub-shrines for Lord Shiva, Lord Ganapathi, Lord Ayyappan, Snake deities and Panachikkattu Yakshi inside the temple.