DhanLaxmi Bank was established on November 14, 1927, in Thrissur, Kerala, by a group of ambitious entrepreneurs. The bank was initially set up with the primary objective of providing affordable financial services to the local community. Over the decades, DhanLaxmi Bank has evolved from a small regional player to a significant name in the Indian banking sector, adapting to changing times and customer needs while maintaining its core values.

1927: Foundation of DhanLaxmi Bank in Thrissur, Kerala.
1977: Celebration of the bank’s 50th anniversary, marking its golden jubilee with the launch of new branches and services.
1996: Introduction of computerization in banking operations, enhancing efficiency and customer service.
2007: Expansion into new regions, significantly increasing the number of branches across India.
2010: Launch of internet banking and mobile banking services, aligning with the digital revolution.
2017: Rebranding and modernization efforts to appeal to a younger, tech-savvy customer base.
2020: Significant growth in digital transactions, driven by the pandemic and the bank’s robust digital infrastructure.
2022: Recognition as one of India’s most customer-friendly banks in a nationwide survey.

DhanLaxmi Bank Savings Account

Regular Savings Account: This account is perfect for individuals seeking a straightforward savings option with a competitive interest rate and convenient banking facilities.

Premium Savings Account: Offers enhanced benefits, higher transaction limits, and additional perks such as insurance coverage and lifestyle offers.

Women’s Savings Account: Specifically designed for women, this account provides unique features like special discounts, higher interest rates on deposits, and exclusive privileges.

Senior Citizens Savings Account: Tailored for senior citizens, this account provides higher interest rates, priority service, and other senior-specific benefits.

Dhanlaxmi Bank Current Accounts

Standard Current Account: Suitable for small businesses and startups, offering essential banking features and services.

Premium Current Account: Designed for larger businesses, it offers higher transaction limits, preferential service, and additional benefits.

Business Advantage Account: Provides customized solutions for businesses with high transaction volumes, including cash management services and special forex rates.

Fixed and Recurring Deposits

Fixed Deposits: Customers can choose from a range of tenures, from 7 days to 10 years, with attractive interest rates and the option of monthly or quarterly interest payouts.

Recurring Deposits: Allows customers to save a fixed amount every month, with tenures ranging from 6 months to 10 years, making it a disciplined way to build a savings corpus.

Dhanlaxmi Bank Loans

Home Loans: Competitive interest rates, flexible repayment options, and quick processing make it easier for customers to purchase their dream home.

Personal Loans: Unsecured loans for personal needs such as education, medical expenses, or travel, with flexible tenures and minimal documentation.

Vehicle Loans: Financing options for both new and used cars, with attractive interest rates and quick disbursal.

Education Loans: Helping students achieve their academic goals by providing funds for tuition, living expenses, and other educational costs.

DhanLaxmi Bank Corporate Accounts

Corporate Current Account: Provides high transaction limits, cash management services, and preferential rates for forex and trade finance.

Corporate Salary Account: Special accounts for employees of corporate clients, offering benefits like zero balance maintenance, preferential loan rates, and exclusive offers.

DhanLaxmi Bank Working Capital Finance

Cash Credit: Providing businesses with the necessary liquidity to manage day-to-day operations.

Overdraft Facilities: Allowing companies to withdraw more than their account balance, up to a pre-approved limit, to manage short-term financial needs.

Short-term Loans: Offering quick and flexible loans to cover immediate expenses.

DhanLaxmi Bank Term Loans

Project Finance: Long-term loans for funding large projects, including infrastructure development, manufacturing, and other capital-intensive ventures.

Equipment Finance: Loans for purchasing machinery and equipment, helping businesses modernize and increase production capacity.

Trade Finance

Letter of Credit: Assuring payment to suppliers, helping businesses secure favorable terms with international partners.

Bank Guarantees: Providing assurance of payment to clients, ensuring smooth business transactions.

Export and Import Finance: Tailored solutions to manage the financing needs of export and import activities, including pre-shipment and post-shipment credit.

DhanLaxmi Bank Mobile Banking

DhanLaxmi Bank’s mobile banking app offers customers the convenience of banking on the go:

Account Management: Check balances, view transaction history, and manage accounts easily.

Fund Transfers: Quick and secure transfers within the bank or to other banks via NEFT, RTGS, and IMPS.

Bill Payments: Pay utility bills, recharge mobile phones, and more, directly from the app.

Internet/Net Banking

The bank’s internet banking platform provides a comprehensive range of services, ensuring that customers can manage their finances from the comfort of their homes.

Account Access: Monitor account activity, download statements, and manage finances online.

Online Transactions: Secure and convenient fund transfers, bill payments, and investment services.

Service Requests: Apply for new cheque books, stop cheque payments, and more, without visiting the branch.

UPI and Digital Payments

UPI (Unified Payments Interface): Allows instant fund transfers using a mobile number or UPI ID, without the need for bank account details.
Digital Wallets: Integration with popular digital wallets for seamless payments at various merchants.
Contactless Payments: Facilitating secure and convenient payments through NFC-enabled cards and devices.