July 21, 2024

DCB Bank expands network in Rajasthan; inaugurates second branch at Harmada, Jaipur

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Harmanda, Jaipur, December 15, 2022: DCB Bank Ltd.today announced the opening of its branch at Harmanda in the city ofJaipur, Rajasthan, marking a significant milestone for the new-generation private-sector bank.

DCB Bank’s branch, located near VK Sangam Colony,Jaipurwill accelerate DCB Bank’sgoal of expanding its branch network across the state and reaching out to a larger number of farmers, Medium and Small Scale Enterprises (MSME), small businesses and traders. The branch was inaugurated by the chief guests;Mr. Ashok Gupta (IPS) Deputy Inspector General of Police, Planning, Modernization & Welfare, Rajasthan; Mr. Sita Ram Agarwal, Chairperson, Mangla Group along with Mr. Durga Prasad Rath, Head Agri &Inclusive Banking for Branch Banking.

The branch will offer DCB Bank customers in Harmada a wide range of retail banking services includinglockers of all sizes,DCB SavingsBank account at an attractive interest rate up to7% p.a.on balance amount betweenINR 25 lakh to INR 2 crore,DCB Current Account, Fixed Deposits with an lucrative interest of 8.25% for senior with a time period between 700 days to 36 months, and loan products for individuals, farmers, agri-businesses, and micro, small and medium enterprises.

DCB Loans for various business and personal needs will be available at the branch.

DCB Gold Loanoffers quick loan processing for shop owners, traders, agri-entrepreneurs, business owners, craftsmen, and others.

The Bank will offer business loan to Micro and Small and Medium Enterprises (MSME) and proprietors for their business needs.

DCB Bank is focused on the agriculture segment and will offer Tractor loan, Kisan Credit Card (KCC), loan for educational institutions,loan for construction finance and inventory funding to builders.

Commenting on the inauguration, Mr. Narendranath Mishra, Head Agri & Inclusive Banking said, “DCB Bank’s expansion to Harmanda, Jaipur will contribute to the socio-economic growthand create opportunities for individuals, businesses, farmers, and entrepreneurs. The Bank is delighted tooffer attractive interest rate for Savings Account up to 7% per annum for certain deposit amount. DCB Fixed Deposit also offer attractive interest rates.

Jaipur is an important city and the hub for government, farmers, and businesspeople. It is also the hub for DCB Bank in this part of Rajasthan. The branch will seek to deliver exceptional ease of banking, both in-branch and via digital solutions, for our clients.”