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• Indian Bank

Indian Bank

Indian Bank is the largest nationalised bank working under the Ministry of Finance headquartered in Chennai and has more than 5744 branches and 5428 plus ATM having Pan India Presence. We are good in offering the Commercial Banking, Credit Card, NRI Banking, Online Banking, Global Markets, Risk Management, Wealth Management, Recurring and Fixed Deposits, Treasury Management, Mutual Funds, Equities Trading, Insurance, and the Investment Management.

History of Indian Bank

The Indian Bank is one of the major nationalised Indian bank and was established in 1907 on August 15, 1907 and it is headquartered in Chennai in India. Furthermore, we have an amazing team and there are 39,734 employees with more than 5000 plus branches with more than 5000 plus ATM working round the clock. We are created in order to match the meet ISO-27001: 2013 standards. 

We have many branches in India and some of them are in Singapore and Sri-Lanka. Government of India is having complete control of the bank from 1978 onwards and in 2020 Allahabad merged with Indian Bank making it the 7th largest bank in India.

Mr. Shri Shanti Lal Jain is the CEO of Indian Bank and has more than 25 years of experience in the banking segment. 

Subsidiaries of Indian Bank

The subsidiaries of the Indian Bank are given below as follows:

• Indian Bank Housing Limited.
• Indian Bank Merchant Banking Services Limited.

Banking Services offered by Indian Bank

The Indian Bank is one of the finest nationalised bank in India and some of the amazing banking services available are as follows:

• NRI Services.
• SMS Banking.
• E-Statements.
• Bill Payments.
• Bill Discounting.
• Online Security.
• Mobile Banking.
• Bill Discounting.
• GST Payments.
• Private Banking.
• Current Account.
• Internet Banking.
• Savings Deposit.
• Current Deposit.
• Savings Account.
• Letter of Credits.
• Bank Guarantee.
• Gold Loan Scheme.
• Door Step Banking.
• Commodity Finance.
• Transaction Banking.
• Sustainable Banking.
• Customer Grievance.
• E-Commerce Service.
• NRI Banking Services.
• Demand Drafts (DD).
• Credit and Debit Cards.
• Personalised Cheque Service.
• Personalised Bank Passbook.
• Inward and Outward Remittances.
• Corporate salaries of different companies.
• Government Schemes like Atal Pension Yojana and PMSBY and PMJDY.

Loans and credit facilities provided by Indian Bank

There are various credit and loan facilities offered by the Indian Bank are as follows:

• Term Loan.
• Vehicle Loan.
• Private Equity.
• Business Loan.
• Property Loan.
• Personal Loan.
• Consumer Loan.
• Education Loan.
• Merchant Banking.
• Consumer Banking.
• Corporate Banking.
• Investment Banking.
• Wealth Management.
• Loan against Property.
• Finance and Insurance.
• Increase in the Credit Limits.
• Smart Loan against Property.

Awards and Recognition

• Indian Bank wins the APY Citizen's Choice Award at APY Awards function in Delhi.
• Best Bank Award from the Tamil Nadu government for meeting the needs of women's self-help groups.

Indian Bank has 5855 IFSC connected branches in India. Bank has branches in following states:

ANDAMAN AND NICOBAR ISLAND
ANDHRA PRADESH
ARUNACHAL PRADESH
ASSAM
BIHAR
CHANDIGARH
CHHATTISGARH
DADRA AND NAGAR HAVELI
DAMAN AND DIU
DELHI
GOA
GUJARAT
HARYANA
HIMACHAL PRADESH
JAMMU AND KASHMIR
JHARKHAND
KARNATAKA
KERALA
MADHYA PRADESH
MAHARASHTRA
MANIPUR
MEGHALAYA
MIZORAM
NAGALAND
ODISHA
PONDICHERRY
PUDUCHERRY
PUNJAB
RAJASTHAN
SIKKIM
TAMIL NADU
TELANGANA
TRIPURA
UTTAR PRADESH
UTTARAKHAND
WEST BENGAL