Dhanlaxmi Bank Ltd. was incorporated in 1927 at Thrissur, Kerala by a group of ambitious and enterprising entrepreneurs.Over the 93 years that followed, Dhanlaxmi Bank with its rich heritage has earned the trust and goodwill of clients. It is due to our strong belief in the need to seek innovation, deliver best service and demonstrate responsibility, that we have grown from strength to strength. Be it in the number of customers, the scale of business, the breadth of our product offerings, the banking experience we offer or the trust that people invest in us. With 531 touch points across India at your service; our focus has always been on customizing services and personalizing relations.
Affiliations
The Bank of New York Mellon Toronto Branch Zurcher Kantonal Bank The Bank of New York Mellon DBS Ban Limited Mashreq Bank
Bajaj Allianz Life Insurance Company Limited Co. Ltd. Bajaj Allianz General Insurance Company Limited Co. Ltd.
Milestones
1927 - Founded on 14 November, 1927, at Thrissur, Kerala 1975 - Set up the first branch outside the home state of Kerala, at Chennai Mount Road 1977 - Designated as Scheduled Commercial Bank by the Reserve Bank of India (RBI) 1980 - 100-strong branch network
1986 - Total business of Rs. 100 crores
1996 - First public issue. Total business of Rs. 1,000 crores
2000 - Installed the first ATM 2002 - First Rights Issue
2002 - Platinum Jubilee year
2007 - Total business of Rs. 5,000 crores. 80th Anniversary year 2008 - Total business of Rs. 7,500 crores. Second Rights Issue 2009 - Opened 45 new branches and 102 new ATMs
2010 - Raised Rs. 381 crores through QIP in July 2010, Opened 20 new branches and 280 new ATMs, launched new brand identity; created platform for a unified image
2011-Launched IMPS (Immediate Payment System)
2014-Launched Missed Call Services through Phone Banking for the benefit of customers
2014-Introduced Three New Savings Bank products namely Dhanam Yuvak, Dhanam Vanitha and Dhanam Genius Account.
2015-Achieved “High Rating” from BCSBI in the “BCSBI Code Compliance Rating”
2015-Launched “Dhan Smart” – A Smart Mobile Application for the convenience of our customers
2016-Introduced Immediate Payment System (IMPS) in Retail Internet Banking
2016-Commenced Navathi Celebrations of Bank
2017-Launched Bharath Bill Payment System
2020– Highest ever profit of Rs.65.78Crore, Consistent profit for Last seven Quarters