Dhanlaxmi Bank Ltd. (DHANBANK)

Overview

Dhanlaxmi Bank Limited is an established banking institution offering a broad spectrum of financial and banking services within India. Since its inception in 1927, it has expanded its operations across various banking sectors, including Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business Operations. Headquartered in Thrissur, India, Dhanlaxmi Bank is committed to catering to diverse customer needs through its extensive range of financial products and services. The bank's operations encompass a wide array of banking solutions designed for individuals, corporations, and non-resident Indians (NRIs), underpinned by a dedication to excellence in customer service.

Products and Services

• Deposit Products: Dhanlaxmi Bank offers savings and current accounts, alongside term deposits, to cater to the varied needs for secure savings and investments of its customers.
• Loan Services: The bank provides a comprehensive suite of loan products, including:
  • Property Loans
  • Car Loans
  • Commercial Loans
  • Personal Loans
  • Education Loans
  • Business Loans
  • Loans Against Securities
  These are designed to meet diverse financial needs, from personal expenditures to business expansions.
• Foreign Exchange Services: Offering foreign currency cash, cheque deposits, foreign currency demand drafts, and remittances, Dhanlaxmi Bank facilitates global transactions and currency exchanges for its clients.
• Trade and Commercial Services: The bank provides a host of services to support businesses in export and import activities, including industrial and trade advances, import-export assistance, and agricultural assistance, enhancing their operational efficiencies and growth opportunities.
• Insurance Products: A range of insurance products covering life, health, and vehicle insurance is available, providing financial protection and peace of mind to customers.
• NRI Banking Services: Catering to the banking needs of non-residential Indians, the bank offers:
  • Non-residential external accounts
  • Non-resident ordinary accounts
  • Recurring and Term Deposits
  • Foreign Currency Non-Resident Fixed Deposits
  • Resident Foreign Currency Accounts
  Along with money transfer services and NRI property loans, these offerings help NRIs manage their finances seamlessly across borders.
• Micro and Agricultural Banking: Supporting small-scale farmers and businesses with dedicated banking services to foster their growth and sustainability in their respective sectors.
• SME Banking Services: Dhanlaxmi Bank provides Small and Medium Enterprises (SMEs) with working capital facilities, trade facilities, and capacity expansion services, empowering them to thrive in competitive markets.
• Card Services: The bank issues credit, debit, and gift cards, facilitating easy and secure transactions for its clients.
• Investment and Online Banking Services: Investment advice, depository services, and a robust online banking platform are available to help customers manage their financial assets efficiently. Additionally, locker facilities are offered for secure storage of valuables.