Development Credit Bank, Private Sector Banks In India

Development Credit Bank Ltd. is one of the fastest growing private sector scheduled commercial banks in India. It has a network of 72 branches and 121 ATMs in the country.

Aga Khan Fund for Economic Development (AKFED) in the largest and only stakeholder in the Bank AKFED holds 68% of stake in the Bank.

As on 31st March, 2004, the Bank's deposit base was Rs. 4,474 Crores and the advances were over Rs. 2,439 Crores.

Development Credit Bank Products and Services

The following products and services are offered by the Bank to Resident Indians and Non Resident Indians:

	Resident Indians	NRIs
Accounts	Current Account Savings Account Fixed Deposits Fixed Deposits 3D - Insurance Linked Fixed Deposit Recurring Deposits	Savings Accounts Non-Resident Ordinary (NRO) Non Resident External (NRE) Current Accounts Non-Resident Ordinary (NRO) Non-Resident External (NRE) Fixed Deposits Non-Resident Ordinary (NRO) Non-Resident External (NRE)
Loans	Personal Loans Home Loans	-
Investment Services	Mutual Funds Government of India Bonds Life & General Insurance	Mutual Funds
Additional Services	International Debit Card Phone Banking Electronic Funds Transfer (EFT) Mobile Phone Banking Celfill - ATM Mobile Top Up facility Tax Solutions Visa Money Transfer
Foreign Currency Accounts		Foreign Currency Deposit (FCNR)
Online Services	Pay Bills Online

Treasury Products of Development Credit Bank

The Bank provides the following Treasury Products to its customers with effective and customized solutions for their business:

Rupee Options
Currency Swaps
Interest Rate Swaps
Commercial Paper
Certificate of Deposit
Spot & Forwards
Foreign Exchange Rates
Foreign Currency Deposit (FCNR)

Website of Development Credit Bank

www.dcbl.com