One of the key services provided by the bank is deposit products, which include savings and current accounts, as well as term deposits. They also offer various types of loans, such as property, car, commercial, personal, education, and business loans. Additionally, the bank provides loans against securities and foreign exchange services, including foreign currency cash, cheque deposits, demand drafts, and remittances.
Dhanlaxmi Bank Limited also caters to the needs of exporters and importers by offering export and import services. They provide credit products like industrial and trade advance, import-export assistance, and agricultural assistance. The bank also offers corporate salary accounts, cash management services, and insurance products like life, health, and car insurance.
Furthermore, the bank specializes in non-resident Indians (NRI) banking services, which include various types of accounts, recurring and term deposits, foreign currency fixed deposits, and money transfer services. They also provide NRI property loans and financial planning services.
SME banking services are another area of expertise for Dhanlaxmi Bank Limited. They offer working capital facilities, trade facilities, and capacity expansion services to small and medium-sized enterprises. The bank also provides credit, debit, and gift cards, as well as investment, depository, and online banking services. Locker facilities are available for customers as well.
As of March 31, 2021, Dhanlaxmi Bank Limited had a strong presence with 245 branches and 257 ATMs across 14 States and 1 Union Territory in India. The bank has a long history, being incorporated in 1927, and is headquartered in Thrissur, India.