Chandigarh, May 25, 2016: DCB Bank, a new generation private sector bank today launched an exciting new technology - India’s first Aadhaar based ATM in Punjab that accepts the customer’s Aadhaar number and fingerprint impression for transactions. The ATM is also enabled for ATM cum Debit Card & PIN transaction. The launch coincides with the inauguration of branches at Jalandhar, Malerkotla, and Nawanshahr.
DCB Bank’s branches in Punjab offer a range of banking products for micro business, small business, NRIs and individuals. The Bank provides loans for business and individual needs. For example, DCB Bank provides Loan against Gold, Loan for micro SME & SME, Home Loan, as well as Car Loan for customers.
DCB Fixed Deposit offers amongst the best available interest rate from any bank especially for the longer between two to five years duration. DCB Recurring Deposit offers a lucrative opportunity for individuals to earn more by benefitting from the power of compounding.
DCB Senior Citizen Fixed Deposit and DCB Tax-Saving Fixed Deposits are also offer amongst the best interest rates and yield to customers. Moreover, customers who apply for DCB Elite Account can choose their own bank account number.
The Bank also offers NRI deposits, Online NRI account opening facility across the world, foreign exchange services and cash management services for individuals, entrepreneurs and businesses.
DCB Bank Managing Director & CEO, Murali M. Natrajan said, “We are delighted to launch India’s first Aadhaar-based ATM in Punjab. Punjab is an important region for the Bank and the new branches are a testimony of our commitment to Punjab. We look forward to serve a large cross-section of customers with empathy and courtesy, high quality service and speed that respects the customer’s time.”
About DCB Bank
DCB Bank is new generation private sector bank with 201 branches across 18 states and 2 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed. DCB Bank has contemporary technology and infrastructure including state of the art internet banking for personal as well as business banking customers.
The Bank’s business segments are Retail, micro-SMEs, SMEs, mid-Corporate, Microfinance Institutions (MFI), Agriculture, Commodities, Government, Public Sector, Indian Banks, Co-operative Banks and Non Banking Finance Companies (NBFC). DCB Bank has approximately 500,000 customers.
The Bank has deep roots in India since its inception in 1930s. Its promoter and promoter group the Aga Khan Fund for Economic Development (AKFED) and Platinum Jubilee Investments Ltd. holds around 16% stake. AKFED is an international development enterprise.
It is dedicated to promoting entrepreneurship and building economically sound companies. AKFED operates as a network of affiliates with more than 90 separate project companies and over 80,000 people.